by Jonathan Cook | Dec 18, 2025
In a research note published earlier this week, analysts at Morgan Stanley predicted the euro could strengthen significantly in the near future. That scenario would hinge around ECB president Christine Lagarde failing to push back on the suspicion that monetary...
read more
by Jonathan Cook | Dec 18, 2025
Glad tidings to all households and businesses, but the pound might not be filled with the festive spirit today. Sterling will be impacted by the Bank’s decision but more specifically how markets feel rate setters are positioned for the weeks and months ahead. GBP/USD:...
read more
by Jonathan Cook | Dec 18, 2025
Today’s interest rate decision from the Bank of England looks as close to a done deal as you’ll find in currency markets. As of yesterday afternoon, the implied likelihood of a quarter-point cut, which would take rates near a three-year low of 3.75%, sat at around...
read more
by Charles Purdy | Dec 17, 2025
Those years of high interest rates seem finally to be having an effect, as inflation has just been revealed to have come crashing down to 3.2% annually, much lower than expected and with many prices falling last month. Food and non-alcoholic drinks dropped most,...
read more
by Christopher Nye | Dec 17, 2025
Midweek brought no relief for the US dollar which lost another 0.50% against the pound (since reversed this morning) and half that against the euro on “Jobs Day”, as Bloomberg put it, with a data dump of employment numbers. Coming up tomorrow:...
read more
