by Christopher Nye | Nov 19, 2025
Although there was barely a flicker against the pound and US dollar overall, the single currency had a surprisingly positive day against the traditional safe-haven currencies of the yen and Swiss franc. We’ve got final results for eurozone inflation in October today,...
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by Christopher Nye | Nov 19, 2025
There was barely a flurry for GBP/EUR this morning, the markets having priced in not just falling inflation but also perhaps a December interest rate cut. Later today we will get house price data from the UK and on Friday it will be Retail Sales and PMI. There will...
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by Christopher Nye | Nov 19, 2025
The widely expected fall in inflation to 3.6% announced this morning provoked some downward movement for sterling but it appears to have quickly corrected itself. The Office for National Statistics (ONS) said that the decline was driven mainly by gas and electricity...
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by Jonathan Cook | Nov 18, 2025
The US dollar is bracing for the first job market data in almost two months. Thursday’s delayed non-farm payrolls for September will be a crucial yardstick for the Fed, whose governors struck a hawkish tone on rates last week. Traders have adjusted the odds for a cut...
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by Jonathan Cook | Nov 18, 2025
Updated growth forecasts from the European Commission expect eurozone GDP to reach 1.3% in 2025, an upgrade from the previous 0.9% estimate. At the same time, it lowered its 2026 forecast to 1.2% from 1.4%. Interestingly, it projects the Eurozone budget deficit will...
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