by Charles Purdy | Feb 23, 2026
The euro has held its footing, but with politics at its shoulder. The chatter around ECB leadership is a reminder that, even when the data is behaving, confidence can wobble when the institution looks exposed to the political cycle. Against the dollar, it’s been more...
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by Christopher Nye | Feb 23, 2026
The US dollar is caught between two forces. On one hand, the US still offers higher returns than much of the developed world, which can keep the dollar supported. On the other, tariff policy risk has a habit of leaking into inflation expectations, growth assumptions...
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by Christopher Nye | Feb 20, 2026
A sea of bright green on the charts for the US dollar this week as the minutes of the Fed’s latest interest rate meeting showed so little appetite to pause the battle against inflation until they are sure it’s defeated. So it will be all eyes on the personal...
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by Christopher Nye | Feb 20, 2026
Another mixed week for the single currency has seen losses to USD and the commodity backed currencies like the Norwegian krone and Aussie dollar but gains on sterling and the yen. We’ve got some business mood readings coming up, starting with PMI today and continuing...
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by Christopher Nye | Feb 20, 2026
The pound had been on the retreat all week, although the losses against the euro amount to little more than half a cent since Monday night. This morning’s small boost from the latest retail sales and government borrowing data at least reverses the direction for a...
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