by Christopher Nye | Dec 2, 2025
The chancellor made it through Monday without any more wheels falling off the Budget and the markets responded with a generally positive day for sterling. Coming up tomorrow we have the UK’s final Services PMI result. GBP/USD past year 1 Min 5 Min 1 Hr 1 Day 1 Wk 1...
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by Charles Purdy | Dec 2, 2025
The week started off with a steep dive for sterling against the euro. But just when you might have worried that it was a start of the great Budget unravelling, GBP recovered most of those losses. And just as well, on a day with several pieces of good news for the UK...
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by Christopher Nye | Dec 1, 2025
The pound remains around 1% stronger against the US dollar compared to this time last week and 0.25% up on the euro. We’ve got some interesting price data tomorrow including the British Retail Consortium (BRC) shop inflation level and the Nationwide House Price...
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by Charles Purdy | Dec 1, 2025
After strengthening after the Budget and staying strong for the rest of the week, things have started to look a little shaky for sterling – not unlike reaction to the Budget itself. While the chancellor is defending herself against claims that she misled the public...
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by Christopher Nye | Dec 1, 2025
November was reasonably kind to the single currency, despite a slip in the past week. Inflation results are continuing to come out, with only Spain’s 3% looking significantly above the 2% target. We’ll get the overall eurozone inflation result tomorrow.
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