by Charles Purdy | Mar 13, 2026
The British economy was failing to grow and firms had stopped hiring even before the new oil crisis had struck, according to data released by the Office for National Statistics this morning. GDP flatlined in January, showing 0% growth where 0.2% had been predicted....
read more
by Jonathan Cook | Mar 12, 2026
With its safe-haven status in question, the US dollar is still drawing strong demand. Rapidly rising oil prices have certainly helped it gain relative to more energy exposed economies, including the eurozone and Britain. Since the start of the war, the US dollar has...
read more
by Jonathan Cook | Mar 12, 2026
For the euro and the European Central Bank (ECB), the path for 2026 may hinge on the next few weeks. Should things resolve quickly, the ECB may be able to keep interest rates close to 2%. Should they spiral out of control, higher energy costs would likely result in...
read more
by Jonathan Cook | Mar 12, 2026
Tomorrow morning’s economic growth report gives the pound a chance to grasp some good news. GDP is only expected to have expanded by 0.1% in January, but analysts have suggested there is a chance for overperformance given upbeat sector data. GBP/USD: the past year...
read more
by Jonathan Cook | Mar 12, 2026
The largest release of oil reserves in history failed to calm currency markets on Wednesday. The safe-haven US dollar, supported by recent trends and stable inflation data, continued its upward trend, while the pound nudged up to its highest in over a month against...
read more
