by Jonathan Cook | Jan 28, 2026
After weeks of chaos to begin 2026, the pound settled into something almost resembling calm yesterday. The pound to euro rate has ranged by a little under half a cent since Monday as the threat of American tariffs on Europe receded. In the UK, Sir Keir Starmer’s...
read more
by Jonathan Cook | Jan 28, 2026
Alongside the trade war and the Fed’s decision, the US dollar is also suffering from the risk of a government shutdown by the end of this week. Democrats and Republicans are currently negotiating over a politically charged funding bill that contains funding for...
read more
by Jonathan Cook | Jan 28, 2026
The euro was little moved against the pound on Tuesday. Thanks to a light schedule of economic data and some cautious commentary from the European Central Bank (ECB), there was little pricing impetus for the euro to move up or down. The ECB’s Martin Kocher said...
read more
by Jonathan Cook | Jan 28, 2026
Like many of the world’s major currencies, sterling has made significant ground at the US dollar’s expense this week. Since Monday, the pound has strengthened by a cent and a half and has added almost four cents since Thursday lunchtime. GBP/USD: the past year...
read more
by Jonathan Cook | Jan 28, 2026
Sterling continued to march higher against the US dollar on Tuesday, adding almost a full cent across yesterday’s trading and briefly touching its strongest level since the end of 2021. For the US dollar, renewed fears around trade tensions have cemented the negative...
read more
