by Jonathan Cook | Dec 15, 2025
Economic growth has taken on an almost mythical quality in the last few months. Going back to July, monthly output reads: -0.1%, -0.1%, 0%, and -0.1%. The pound fell ahead of the expected rate cut and a better end to the year is required if the economy is to escape a...
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by Jonathan Cook | Dec 15, 2025
A 0.1% contraction for the UK economy in October sent the pound lower by roughly half a cent against its key rivals, beginning Monday at a two-week low against both the euro and the US dollar. Part of that was a reaction to economic fragility. The bigger factor was...
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by Christopher Nye | Dec 12, 2025
An interest rate cut from the US Federal Reserve and doveish comments from its chairman did for the dollar yesterday, with losses across the board. Several other Fed policymakers will be commenting today, and on Tuesday we’ll hear Non-Farm Payrolls. USD/GBP past year...
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by Christopher Nye | Dec 12, 2025
With the exception of the Swiss franc and Swedish krona it’s been a good week for the euro, with close to a 1% gain on the dollar. The main prompt appears to be the potential for an increase in interest rates in 2026, while the UK and USA continue cutting. GBP/EUR...
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by Christopher Nye | Dec 12, 2025
The expected rise in GDP didn’t happen in October and the pound has weakened in response this morning, as the data is cueing up an interest rate cut on Thursday. Ahead of that, on Tuesday we’ll hear employment and earnings and on Wednesday inflation. GBP/USD past year...
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