by Jonathan Cook | Jan 7, 2026
The US dollar index, a measure of the greenback’s strength against six prominent rivals, rose by nearly 0.3% yesterday. That was despite mixed PMI data, which indicated the focus remained on the Federal Reserve and its list of speakers along with a hectic streak of...
read more
by Jonathan Cook | Jan 7, 2026
Germany and France were the first eurozone nations to report inflation numbers this year. Both recorded month-on-month falls (a steep one in Germany’s case), but will that trend continue as the unified inflation read arrives later this morning? GBP/EUR: the past year...
read more
by Jonathan Cook | Jan 7, 2026
While its rivals are coming out the gate fast with fresh data, the pound might have to wait a while longer for insight into the UK economy. Sterling’s next real report of note comes at the tail end of next week in the form of GDP numbers. GBP/USD: the past year...
read more
by Jonathan Cook | Jan 7, 2026
Sterling’s strong start to 2026 hit its first real bump on Tuesday, as a downward revision to December’s PMI data opened the door for the US dollar to claw back half a cent. S&P revised down its initial 52.1 score in the UK services PMI study to 51.4. The US...
read more
by Christopher Nye | Jan 6, 2026
GBP/EUR gained around half a cent yesterday and GBP/USD close to a cent in a positive day for sterling. But will that survive the various data releases today including services PMI?
read more
