by Jonathan Cook | Oct 13, 2025
The pound tumbled by two cents against the US dollar last week, hitting its lowest ebb since early August on Friday. Sterling had been enjoying a positive week against the euro but saw earlier gains knocked back. Friday was a day of mixed sentiment across financial...
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by Christopher Nye | Oct 10, 2025
The US dollar gained between 0.25% and 1% against major rivals yesterday, with the best results against a depressed Norwegian krone and the British pound. We’ve got the Michigan Consumer Sentiment index coming out this afternoon.
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by Christopher Nye | Oct 10, 2025
The single currency lost some 0.6% against a resurgent US dollar, and not much less than that against the rupee and renminbi. The main event at the start of next week is the ZEW Economic Sentiment Index on Tuesday.
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by Christopher Nye | Oct 10, 2025
It was a sea of red for sterling yesterday as it lost as much as 0.75% (against the US dollar) against major rivals. Next week takes us into the big data releases, beginning with employment and earnings on Tuesday.
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by Charles Purdy | Oct 10, 2025
The US dollar carried all before it yesterday, gaining 0.75% against the pound. The dollar index’s nine-week high, despite the Federal government shutdown with no end in sight, seems mainly based on higher bond yields in the US and a hawkish tinge to recent Federal...
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