by Christopher Nye | Mar 31, 2025
Sterling finished Friday on the backfoot, having fallen roughly half a cent against the euro over the last day of the week. Last week was filled with data, while this week the markets must content themselves with little other than mortgage and housing...
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by Charles Purdy | Mar 31, 2025
The pound reaches the end of the month around 1.25% down on the euro. The damage was done at the start of the month with a 3% drop, since when it’s been a slow and unsteady climb upwards. Things are looking much healthier against the US dollar, however, with sterling...
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by Jonathan Cook | Mar 28, 2025
British shops were bustling again in February, with monthly sales increasing by an unexpectedly strong 1% (after their previous blistering growth of 1.7% in January). Shoppers seemed intent on organising a bit of spring DIY, with hardware and household goods recording...
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by Jonathan Cook | Mar 28, 2025
Some analysts believe that president Trump is deliberately angling for a less powerful US dollar. That would be good news for exporters and is thought to be a core belief of the Trump team. Whether deliberate or not, it’s working: the president has caused the US...
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by Jonathan Cook | Mar 28, 2025
The European Central Bank’s (ECB) Pierre Wunsch went on TV in the US yesterday to make the European case against tariffs. Trade barriers would dampen growth and cause inflation, Wunsch said, before turning attention to ECB policy. “Inflation risks might be on the...
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