by Jonathan Cook | Dec 29, 2025
Restful has been the operative word in the land of currency these past few days. Limited movements have allowed the pound to cling on to its recent strength, beginning another shortened week near a three-week high over the euro. As we take stock at the end of a crazy,...
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by Jonathan Cook | Dec 24, 2025
December has been decidedly brighter for the pound. As the last day of trading before Christmas begins, sterling has strengthened by almost 3% against the US dollar since the start of the month. A smaller half-cent increase against the euro should still be seen as...
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by Jonathan Cook | Dec 24, 2025
The euro carriers a little political risk heading into the new year. France is still (yes, still) negotiating its budget in a protracted piece of political theatre that makes Washington look amateurish. An emergency rule delaying another vote until 2026 is expected to...
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by Jonathan Cook | Dec 24, 2025
The US dollar made some ground yesterday but saw its upside capped by a disappointing durable goods report. Transportation equipment and aircrafts were the big drags, although there were small improvements in the order volumes of fabricated metals and machinery....
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by Jonathan Cook | Dec 24, 2025
As Christmas Eve dawns, overseas buyers might find a little something extra in their stockings. The pound has strengthened by close to half a cent against the euro since the start of the week. That strong performance extends to almost a full cent if you zoom out to...
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