by Julian Benson | Jan 8, 2025
Losing ground to the dollar, the pound is making a poor start to 2025. Weak growth and interest on long-term borrowing is putting the UK government in a difficult position. GBP/USD past year 1 Min 5 Min 1 Hr 1 Day 1 Wk 1 MthFrom To...
read more
by Julian Benson | Jan 8, 2025
Unexpectedly strong US jobs data saw the dollar gain again on the pound and the euro. Meanwhile, poor UK industrial data saw GPB slip against EUR before recovering in the afternoon. A report from S&P revealed UK construction has slowed, with its PMI falling to...
read more
by Jonathan Cook | Jan 7, 2025
With a capricious Donald Trump set to return to office, Monday gave us a potential preview of the next four years. In one tweet, the president-elect is able to change market direction, even if narratives have been well established. The US dollar (and indeed global...
read more
by Jonathan Cook | Jan 7, 2025
GBP/EUR treaded water as both the pound and the euro made gains at the expense of the US dollar yesterday. While the euro could bask in its success, investors will be watching the Trump camp carefully for indications of his next move on tariffs. Several key eurozone...
read more
by Jonathan Cook | Jan 7, 2025
GBP/USD recovered the losses it has recorded since the start of the year yesterday. Unlike the euro and the US dollar, sterling must wait until next Wednesday (15 Jan) for its first macroeconomic release of note, which comes in the form of December’s inflation report....
read more
