by Jonathan Cook | Nov 17, 2025
Sterling paid the price for uncertainty at the heart of the British government last week. First it was political manoeuvring, but then it was from weak growth numbers and the tax U-turn. All told, the pound weakened by almost a cent against the euro last week,...
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by Jonathan Cook | Nov 17, 2025
Last Friday began with bombshell reports that Chancellor Rachel Reeves was set to ditch her well-publicised plans to raise income tax at the autumn Budget (26 November). The latest twist was made possible by indications that the updated series of economic forecasts...
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by Christopher Nye | Nov 14, 2025
The US dollar could only muster any growth against the Aussie dollar yesterday, slipping around 0.5% against most pairs. We’ll be getting a mass of data tomorrow as the shutdown ends, including retail sales. USD/GBP past year 1 Min 5 Min 1 Hr 1 Day 1 Wk 1 MthFrom To...
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by Christopher Nye | Nov 14, 2025
The euro benefitted from the reopening of America’s Federal government, with a 0.4% gain on USD yesterday. We are about to get final results for inflation, as well as a second estimate for GDP in the eurozone – has it done any better than Britain? EUR/USD past year 1...
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by Christopher Nye | Nov 14, 2025
The bad news continues to pile on for sterling, with GBP/EUR down to another fresh low since spring 2023. There was at least a recovery against some other currencies, notably the US and Australian dollars. The data ramps up again next week with inflation on Wednesday....
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