by Christopher Nye | Feb 27, 2026
It was a sea of green for the greenback yesterday, gaining close to 1% on the pound and a solid wedge against the euro too. As the Fed looks for signs on inflation, they will be taking an interest in the Producer Price Inflation (PPI) this afternoon, along with...
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by Christopher Nye | Feb 27, 2026
We are getting a lot of European economic data out this morning, and on Monday that continues with GDP and PMI in some European countries. However, with the ECB looking unlikely to move anywhere on interest rates for the foreseeable future, you may wonder how far the...
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by Christopher Nye | Feb 27, 2026
Sterling took an early bath yesterday as the markets looked nervously at what the result of the Gorton and Denton by-election might hold. Their fears were justified as, whatever you think of the politics, the markets tend to take against leftward turns (and some...
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by Charles Purdy | Feb 27, 2026
The pound has crashed to its weakest against the euro since mid-December this morning, following the Labour Party losing the Gorton and Denton by-election to the Greens yesterday. Since yesterday, sterling has lost between half and two-thirds of a percent against all...
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by Ryan Morrison | Feb 26, 2026
The dollar has lost ground for a second straight session, and the broader trend isn’t hard to explain. US growth slowed sharply to 1.4% in the final quarter of 2025, consumer confidence remains below recession-warning levels for the thirteenth consecutive month,...
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