by Jonathan Cook | Feb 3, 2026
Momentum generated in the second half of January went on pause to start this week. Against a rallying US dollar, sterling could find little momentum as investors remained cautious ahead of Thursday’s Bank of England decision. GBP/USD: the past year 1...
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by Jonathan Cook | Feb 3, 2026
The price of gold and silver fell again on Monday (albeit at a slightly more polite pace), resuming a slide that began last week on the back of policy news from the United States. Precious metals have lost close to 10% since Friday morning, while the US dollar enjoyed...
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by Charles Purdy | Feb 2, 2026
Economics and central banks are the big story this week, with interest rate decisions on both sides of the Channel. However, for at least the third Monday morning of 2026 political news from the US is muddying the waters – this time in the shape of a partial US...
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by Christopher Nye | Feb 2, 2026
The dollar finished last week stronger against both sterling and the euro, but looking like a classic dead cat bounce. Now it begins this week with politics doing what it does best: grabbing attention. The US shutdown story adds a fresh layer of uncertainty at exactly...
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by Christopher Nye | Feb 2, 2026
After hitting its best against the US dollar since the last days of the pandemic in spring 2021, the single currency was knocked off its perch late in the week. The headline inflation number from the countries we’ve seen so far this month suggests that the regional...
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