German factory output smashed past forecasts in November, taking the annualised rate of growth to over 10%. This will be music to the ears of the German government, which has now switched to the delivery phase of its…
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The US dollar strengthened against the pound for the third consecutive day on Thursday. Despite its support from signs of life in the job market and the risk-off mood, the US economy reports impactful non-farm payroll and unemployment…
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If the pound struggled against the US dollar, it was at least able to push back on the euro's early advances yesterday. A quiet period has meant sterling's direction has come from external factors, most significantly the recent…
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American economic data sent mixed messages yesterday. The private sector added fewer jobs than expected in November, as openings declined across all regions. The US dollar would post a strong day despite that, with strong services output and…
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The euro was watching the results from this week’s heavy dose of inflation data. Most of the reads (and certainly the most impactful ones) pointed to falling price pressures across the bloc, reducing the chance of an interest…
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Sterling’s strong start to the year finally met some resistance against the US dollar and the euro. Investors often set technical floors and ceilings where they push back on a currency’s movements. That happened yesterday as the pound…
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Wednesday was a day of whiplash across currency markets. Some high-profile data points from across the Atlantic suggested progress for the US dollar, but then again, there was the small matter of the seizure of a Venezuelan oil…
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2026 has begun with a stock market rally, the daring capture of a sovereign leader, and American threats against Greenland of all places. We can now add a strong start for sterling to that list, which is starting…
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