by Christopher Nye | Oct 8, 2025
The US dollar posted good results yesterday, following hawkish comments on Monday evening from one of the Fed’s monetary policymakers Jeff Schmid, who insisted that interest rates must stay high to see off inflation. We’ve got more Fed policymakers speaking today,...
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by Christopher Nye | Oct 8, 2025
The euro continued to lose ground yesterday after the French prime ministerial resignation. However, the losses are modest as government crises go, at least for now, and the only obvious point of interest in a week with little for the markets to chew on, other than...
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by Christopher Nye | Oct 8, 2025
Despite a brief slump yesterday lunchtime, GBP/EUR held on to the 0.5% or so that it gained after the French prime minister (the new one) resigned on Monday. A quiet period for UK data continues, but today the Chief Economist at the Bank of England – Huw Pill – will...
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by Christopher Nye | Oct 8, 2025
It was a day of two halves for sterling yesterday as recent losses were reversed in the afternoon session. There was no obvious reason for that rise, which was almost across on the board, although against the euro the pound continues to benefit from political and...
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by Jonathan Cook | Oct 7, 2025
Currencies in glass houses shouldn’t throw stones, as the old saying goes. This was particularly evident yesterday, when the US dollar briefly strengthened against the euro before falling back. Perhaps investors realised that there wasn’t much difference between a...
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