by Jonathan Cook | Mar 18, 2025
Charlie Bean, former deputy governor of the Bank of England, made headlines yesterday when he warned chancellor Rachel Reeves against “kneejerk” cuts to public spending. Bean cautioned against damaging the economy and the pound by carrying out unnecessary cuts that...
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by Jonathan Cook | Mar 18, 2025
A positive start to the week for sterling saw it tread water against the euro and advance by 0.5% against the US dollar. As of this morning, GBP/USD reached its highest level since the initial aftermath of the US election back in early November of last year. The euro...
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by Jonathan Cook | Mar 17, 2025
The pound ended last week on the back foot after the release of disappointing GDP data. A slowdown in the UK economy in January pushed GBP/EUR down by half a cent and focused attention on the Bank of England’s next interest rate decision on Thursday (20 March). This...
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by Jonathan Cook | Mar 17, 2025
Across America, the consumer mood is darkening. The heady days of the “Trump trades” seem a long time ago, with people growing increasingly unsure of how their jobs and businesses will survive the new regime. This has led to a broad correction in US markets that has...
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by Jonathan Cook | Mar 17, 2025
The euro’s recovery in recent weeks has been nothing short of remarkable. Fuelled by a newly united continent (and one that recognises the challenges it faces) the euro has recorded back-to-back weeks of sizeable advances over its rivals. GBP/EUR: the past year 1 Min...
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