by Jonathan Cook | Sep 4, 2025
The number of job openings in the United States fell to a ten-month low of 7.18 million in July, thousands below market forecasts. That shock was enough to force the US dollar lower against its rivals and resurrect concerns about the impact of the trade war. EUR/USD:...
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by Jonathan Cook | Sep 4, 2025
As Conservative leader Kemi Badenoch pointed out in the Commons yesterday, the UK now has a higher cost of borrowing than Greece. This is largely the result the eurozone having a lower debt to GDP ratio than the UK, as well as substantially lower interest rates. For...
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by Jonathan Cook | Sep 4, 2025
A later than usual autumn budget may prove something of a double-edged sword for the pound. Time is a valuable commodity for the Treasury, but rumours and anxieties will no doubt swirl between now and the end of November. GBP/USD: the past year 1 Min 5...
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by Jonathan Cook | Sep 4, 2025
The pound steadied itself on Wednesday after another government bond selloff led to steep falls against its rivals earlier this week. Sterling strengthened by a third of a cent against the euro and clawed back a full cent against the US dollar yesterday, but it still...
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by Julian Benson | Sep 3, 2025
It’s been a whirlwind week for currency since I last wrote to you. After President Donald Trump attempted to fire Federal Reserve Governor Lisa Cook, threatening the independence of the US central bank, the dollar ended the week significantly down on the pound and...
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