by Christopher Nye | Jan 23, 2026
The euro was in two minds yesterday, losing to the pound (marginally) but gaining on USD and the yuan, possibly in reaction to the minutes of the ECB’s latest meeting. This was broadly confident of recent economic performance in the eurozone while highlighting some...
read more
by Christopher Nye | Jan 23, 2026
Sterling outperformed its major peers yesterday, driven by a sharp repricing of Bank of England interest rate expectations. Following the rise in headline inflation to 3.4%, and bolstered by today’s news of retail sales growth, markets have all but ruled out a rate...
read more
by Charles Purdy | Jan 23, 2026
The threat of an immediate transatlantic trade war has receded, replaced by a tentative sense of relief across global markets. President Trump’s call for “immediate negotiations” regarding the US purchase of Greenland has been interpreted by investors as a...
read more
by Ryan Morrison | Jan 22, 2026
The greenback is sliding across the board as the “fear factor” exits the market. Investors are unwinding the safe-haven positions built up earlier in the week, pushing the dollar down against almost all major rivals. With the trade war risk sidelined and...
read more
by Ryan Morrison | Jan 22, 2026
The single currency has recovered some ground following the withdrawal of US tariff threats, as the Eurozone would have been the primary casualty of a trade war. However, gains are being capped by the European Central Bank’s cautious tone today, with policymakers...
read more
