by Christopher Nye | Jan 16, 2026
Overall, the single currency performed even worse than sterling last week, but the losses were minor against its major partners (although substantial against RUB, MXN and ZAR). We’ve got final inflation data coming out for 2025 on Monday. GBP/EUR past year 1 Min 5 Min...
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by Christopher Nye | Jan 16, 2026
Sterling lost up to half a percent against leading pairs yesterday even after positive news on the economy that probably killed off an interest rate cut next month. We’re back in sniper’s alley for sterling next week, with unemployment, inflation and PMI all coming...
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by Charles Purdy | Jan 16, 2026
Sterling seemed to take its cue from the unremittingly grim English weather yesterday, losing between a quarter and half a percent against leading pairs. This was despite good news on the economy from the Office for National Statistics first thing, with GDP (gross...
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by Ryan Morrison | Jan 15, 2026
The mood across global markets was steadier this morning after a stronger-than-expected UK growth report and a calmer tone from investors worldwide. New data from the Office for National Statistics showed that the UK economy expanded by 0.3 per cent in November,...
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by Ryan Morrison | Jan 15, 2026
The pound started Thursday strong after the upbeat growth data, supported by expectations that the Bank of England will keep signalling gradual rate cuts rather than abrupt changes. Falling borrowing costs (now at their lowest in over a year) have taken the edge off...
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