Economics and central banks are the big story this week, with interest rate decisions on both sides of the Channel. However, for at least the third Monday morning of 2026 political news from the US is muddying the…
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The dollar finished last week stronger against both sterling and the euro, but looking like a classic dead cat bounce. Now it begins this week with politics doing what it does best: grabbing attention. The US shutdown story…
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After hitting its best against the US dollar since the last days of the pandemic in spring 2021, the single currency was knocked off its perch late in the week. The headline inflation number from the countries we’ve…
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After a strong start to last week for GBP/EUR it hits February 0.6% up on a month ago. It was a week where GBP/USD marched up the hill and then straight down again, but it remains close to…
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Markets were meant to start this week second-guessing central banks. Instead, they have a far messier backdrop: a partial US government shutdown driven by a row over immigration enforcement (ICE) funding. The risk of that saw the dollar…
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The dollar’s tone stayed fragile. The Fed is signalling patience, but the market is struggling with the idea that the economy can stay strong while consumers turn sharply gloomier. That tension tends to show up first in currency…
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Despite all the smiling faces in New Delhi this week as the trade deal was signed, the euro fell against most pairs this week. Maybe that was mainly due to their strength rather than the euro’s weakness, as…
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Unless you’re buying US dollars or euros this has been a week to forget, as the pound slipped against the commodity backed currencies. The economic signs have not been good for sterling lately and it’s still being supported…
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