by Jonathan Cook | Dec 9, 2025
Currency markets were in thrall to politics again on Monday, as a low-key start on the economic data front meant the focus fell squarely on Ukraine. Kyiv’s future looks increasingly uncertain amid pressure from the United States to reach a peace deal with Russia,...
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by Jonathan Cook | Dec 8, 2025
The pound had a strong week last time out, riding a wave of post-Budget relief to hit a five-week high against the euro. All told, the pound to euro rate improved by about half a cent – the equivalent to a couple thousand pounds on a €250,000 purchase. There’s only...
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by Jonathan Cook | Dec 8, 2025
The dollar stabilised on Friday thanks to solid consumer income and spending metrics as well as a modest increase in inflation. The closely-watched University of Michigan consumer sentiment study also improved from 51 to 53.3. November’s score was however the...
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by Jonathan Cook | Dec 8, 2025
The European Central Bank is expected to announce its fourth consecutive hold at its December meeting. That makes it very much the odd one out of the major rate-setters and gives the euro an opportunity to recoup some value heading into 2026. GBP/EUR: the past year 1...
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by Jonathan Cook | Dec 8, 2025
Sterling bathed in some much-needed optimism last week, strengthening by over half a cent against the euro and just shy of two cents versus the US dollar. Decent economic data arrived just in time to ride a wave of post-Budget relief, although the possibility of an...
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