by Jonathan Cook | Dec 16, 2025
American markets will wake to a bumper crop of jobs data this morning – or half past one UK time. Unemployment is expected to have hit a four-year high last month, while retail sales and two separate sets of non-farm payroll figures could have big implications for the...
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by Jonathan Cook | Dec 16, 2025
While trading was slow on Monday, the euro still had the best of things compared to its main rivals. The single currency ended Tuesday near its best in two weeks against the pound and at its best in two months against the US dollar. GBP/EUR: the past year 1 Min 5 Min...
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by Jonathan Cook | Dec 16, 2025
Sterling traded in a narrow range against the euro and the US dollar on Monday. Caution was the name of the game for most and the pound is sure to be volatile ahead of tomorrow’s inflation data and the Bank’s last decision of the year on Thursday. GBP/USD: the past...
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by Jonathan Cook | Dec 16, 2025
The United Kingdom’s unemployment rate increased slightly from 5% to 5.1% in October. While in line with forecasts, that took the headline rate of joblessness to its highest level in over four years and close to the peak it reached in the months following the outbreak...
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by Jonathan Cook | Dec 15, 2025
The pound begins Monday at a two-week low against the euro after weakening by roughly half a cent on Friday. Part of that was a reaction to economic fragility (the UK economy shrank by 0.1% in October), but that wasn’t the full story. The bigger factor was that the...
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