by Jonathan Cook | Feb 13, 2026
It was possible to read the latest GDP print from both an optimistic and a pessimistic perspective. Happily for the pound, currency markets decided to take it in their stride, with the pound strengthening through much of the day until losing a bit of steam in the...
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by Jonathan Cook | Feb 13, 2026
An underwhelming economic performance didn’t have much of a negative impact on the pound yesterday. In fact, sterling was on course to strengthen against the euro and the US dollar until a late-afternoon downturn meant it ended Thursday broadly level with the day...
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by Ryan Morrison | Feb 12, 2026
The pound slipped against both the euro and the dollar after this morning’s growth figures came in below expectations. With the Bank of England already split 5–4 on rates last week – far more dovish than anyone predicted – a weak GDP number hands the...
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by Ryan Morrison | Feb 12, 2026
The euro is steady near recent highs against the dollar and gained ground on sterling after the GDP miss. Eurozone growth actually outpaced the UK in the fourth quarter, inflation has cooled to 1.7% – comfortably below target – and the ECB looks in no rush...
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by Ryan Morrison | Feb 12, 2026
The dollar strengthened yesterday after the January payrolls blew past expectations. Health care led the way with 82,000 new roles, and construction added another 33,000. But the Bureau of Labor Statistics also confirmed that nearly 900,000 fewer jobs were created in...
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