by Jonathan Cook | Dec 24, 2024
Based on recent figures, the British economy is crying out for substantial investment. It was good timing then that Monday’s GDP revision was tempered by a 5.8% annual increase in business investment. Sustaining that sizeable economic input could be a boon for the...
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by Jonathan Cook | Dec 24, 2024
The euro held its ground against the pound while falling back slightly against the US dollar yesterday. The euro looks set to end the year dangerously close to its lowest mark in two years against its key rivals. It will hope 2025 brings more good news, although the...
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by Charles Purdy | Dec 23, 2024
At the end of last week sterling fell sharply from recent highs against the euro, and to the lowest level against the US dollar since the spring. However, against the euro at least the pound remains in a strong position overall, close to 5% stronger than last...
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by Christopher Nye | Dec 23, 2024
Although the last few days have seen some volatility, there has been little diversion from the direction of travel this quarter of an increasingly strong dollar. Tomorrow there will be a Durable Goods Reading before the Christmas shut down. USD/GBP past year 1 Min 5...
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by Christopher Nye | Dec 23, 2024
The euro has strengthened against almost all major currencies in recent days, although the rises have been modest. There is some Spanish industrial and inflation data coming out today and in the next few days, but the wires are seasonally quiet other than that....
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