by Jonathan Cook | Feb 25, 2026
The euro has weakened this week as markets look for clarity around the impact of tariffs. Its losses remain marginal (only around half a cent to the pound and the US dollar since the start of the week), yet they represent the scale of present uncertainty. GBP/EUR: the...
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by Jonathan Cook | Feb 25, 2026
Sterling came out of yesterday’s trading well, advancing by half a cent against the US dollar and hitting its best level in a week against the euro. Should Thursday’s by-election provide the scale of political shake up expected, that success could prove to be...
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by Jonathan Cook | Feb 25, 2026
Two key political events on either side of the Atlantic have raised the temperature for the pound and the US dollar. Last night, it was President Trump’s state of the union address to Congress that caught the attention of markets. Tomorrow, focus will shift to the...
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by Jonathan Cook | Feb 24, 2026
The US dollar weakened against a basket of rival currencies on Monday. A main factor in its recent slump has been the lack of clarity around tariffs. The president’s 15% workaround will last a maximum of 150 days, at which point Congress will be allowed to weigh in....
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by Jonathan Cook | Feb 24, 2026
Yesterday’s German Ifo business climate survey should put some wind in the euro’s sails. With that key datapoint reaching its highest level since August, the numbers suggest the German economy is growing at roughly 0.4% to start the year, according to research from...
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