by Christopher Nye | Dec 2, 2025
It was a sea of green for the single currency yesterday despite downgrades almost across the board for PMI. Will that survive the inflation and unemployment numbers this morning though? Pessimistic business leaders would suggest a rise in unemployment is imminent....
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by Christopher Nye | Dec 2, 2025
The chancellor made it through Monday without any more wheels falling off the Budget and the markets responded with a generally positive day for sterling. Coming up tomorrow we have the UK’s final Services PMI result. GBP/USD past year 1 Min 5 Min 1 Hr 1 Day 1 Wk 1...
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by Charles Purdy | Dec 2, 2025
The week started off with a steep dive for sterling against the euro. But just when you might have worried that it was a start of the great Budget unravelling, GBP recovered most of those losses. And just as well, on a day with several pieces of good news for the UK...
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by Christopher Nye | Dec 1, 2025
The pound remains around 1% stronger against the US dollar compared to this time last week and 0.25% up on the euro. We’ve got some interesting price data tomorrow including the British Retail Consortium (BRC) shop inflation level and the Nationwide House Price...
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by Charles Purdy | Dec 1, 2025
After strengthening after the Budget and staying strong for the rest of the week, things have started to look a little shaky for sterling – not unlike reaction to the Budget itself. While the chancellor is defending herself against claims that she misled the public...
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