by Ryan Morrison | Feb 5, 2026
The pound is steady this morning ahead of what promises to be a consequential 48 hours for currency markets. The Bank of England announces its first interest rate decision of the year at noon, followed by the European Central Bank tomorrow. Both are expected to hold...
read more
by Jonathan Cook | Feb 4, 2026
With most people looking ahead to the Bank of England’s (BoE) interest rate decision tomorrow lunchtime, the sterling to euro rate has very quietly advanced to its strongest level so far this year. That may not last for long, so if you’d like to take advantage...
read more
by Jonathan Cook | Feb 4, 2026
A partial government shutdown in the United States led to some key economic data being cancelled this week. This has now been resolved, but we’re still waiting for confirmation of when we’ll get the JOLTs job report and non-farm payrolls data this week....
read more
by Jonathan Cook | Feb 4, 2026
Some crucial inflation data should help guide the European Central Bank’s decision on Thursday. If those numbers are anything like those that came out of France yesterday, where headline inflation fell to its lowest since 2020, it seems unlikely rates will be changed....
read more
by Jonathan Cook | Feb 4, 2026
There was little action in sterling markets yesterday as traders adopted a wait and see posture ahead of tomorrow’s rate decision. Policymakers seem unlikely to cut, but the real movement will come should the outlook for the year ahead have shifted. GBP/USD: the past...
read more
