by Charles Purdy | Dec 12, 2025
It was all downhill for the dollar yesterday as the markets considered that the only way is down for US interest rates. This belief was supported by a bump in initial claims for unemployment benefits, with 236,000 new claimants. In the UK we have just had the Gross...
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by Jonathan Cook | Dec 11, 2025
The Fed’s final meeting of the year has been setting the direction for the US dollar for weeks. After a long period of holds, interest rates have been slashed by 75 basis points (or 0.75%) since September. Politics aside, many experts think 2026 will give policymakers...
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by Jonathan Cook | Dec 11, 2025
Christine Lagarde dropped a strong hint that the European Central Bank (ECB) would soon upgrade its 2025 full-year GDP forecasts for the second time in three months. The ECB noted that the eurozone had navigated the trade war better than expected, with currency...
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by Jonathan Cook | Dec 11, 2025
Sterling doesn’t have anywhere to hide after last night’s decision in Washington. In fact, it has its own interest rate decision to navigate a week from today. That comes after a busy run of economic releases that begins with a crucial GDP report bright and early...
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by Jonathan Cook | Dec 11, 2025
At its last meeting of 2025, the Federal Reserve voted to cut interest rates by a quarter point (0.25%). That decision put to bed weeks of frenzied speculation from across global markets and came with enough of a dovish slant to send the US dollar down by about half a...
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