The rapidly escalating crisis in the Middle East is wreaking currency havoc. Sterling has strengthened by close to a cent against the euro since the start of the week, but just how long it can maintain that remains…
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After benefitting from the crisis in the Middle East, the US dollar faces a couple of tricky labour releases before the week is out. Non-farm payrolls and unemployment data could knock the dollar from its perch after strengthening…
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An interesting research note from Deutsche Bank yesterday highlighted the correlation between the euro and the price of energy. Essentially, for every 10% rise in the price of oil, there has been a 0.8% decline in EUR/USD since…
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The Bank of England must chart a course through another crisis. Should the conflict in the Middle East persist, it may find cutting interest rates at the pace we expected just weeks ago to be a stretch. For…
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The pound teetered on Tuesday after the rapidly escalating crisis in the Middle East ripped its way through commodities and into currencies and government debt.
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The US dollar’s strong performance across another manic Monday proved it retains broad appeal as a safe-haven. It was also helped by an unexpected outperformance in the ISM manufacturing study, which again pointed to a resilient and dynamic…
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Thanks to the crisis in Iran and economic news that told conflicting stories, the euro had a little trouble finding direction on Monday. Italy’s economic growth came in at a tepid 0.5% across the whole of 2025, but…
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For the chancellor, the goal of today’s spring statement is to cause as little fuss as possible. The limited fiscal headroom and Labour’s precarious political standing have led her team to brief the press for a quiet lunchtime…
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