by Jonathan Cook | Mar 17, 2025
Sterling cannot afford to lick its wounds from a disappointing GDP result for long. With an interest rate decision looming, the pound can expect volatility ahead, particularly with unemployment figures due to arrive. Analysts expect the Bank to leave rates unchanged,...
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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. News that the UK economy shrank 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)....
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by Christopher Nye | Mar 14, 2025
Something of a split in the dollar’s fortunes yesterday, with small gains against most European currencies and other dollars, but falls against Far Eastern currencies. Next week the Fed makes its interest rate decision, on...
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by Christopher Nye | Mar 14, 2025
Although the euro fell back yesterday a following Trump’s promise to put 200% tariffs on European alcohol imports, the reversal was not across the board. Coming up today we have a final reading for inflation in key eurozone economies, and on Tuesday it’s the ZEW...
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by Christopher Nye | Mar 14, 2025
A mixed day for sterling saw some growth against the euro to its best for a week, and some stability against the US dollar. After today’s GDP, there won’t be any major data releases until unemployment and earnings on Thursday, but this will itself be eclipsed by the...
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