by Julian Benson | Oct 1, 2025
By Tuesday’s end, there didn’t appear to be much movement between the pound, dollar and euro, with only 0.2% between them. However, this hides that the dollar had been riding high through the day only to take a big dip after the US government shutdown. After Congress...
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by Jonathan Cook | Sep 30, 2025
America’s political system is at its most dysfunctional when Republicans and Democrats are forced to work together. Amid the grandstanding, the simple fact is another shutdown would have significant consequences for the economy and the US dollar. EUR/USD: the past...
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by Jonathan Cook | Sep 30, 2025
The euro will be influenced by a number of inflation reads over the next two days. The European Central Bank is currently in a curious position, and with markets struggling to get a read on its thinking, this data should provide a better clue as to where it goes next...
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by Jonathan Cook | Sep 30, 2025
The pound moved up, down and back up again yesterday as the Labour conference kicked off. Reeves was at pains to emphasise her fiscal restraint, which certainly helped cool some heads in the bond market. It also demonstrated that sterling’s near-term future will be...
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by Jonathan Cook | Sep 30, 2025
UK Chancellor Rachel Reeves gave the strongest indication yet that she would raise taxes to plug the government’s spending deficit at the autumn budget. Speaking at the Labour party’s annual conference in Liverpool, Reeves again highlighted the “tough choices” the...
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