by Jonathan Cook | Dec 8, 2025
The dollar stabilised on Friday thanks to solid consumer income and spending metrics as well as a modest increase in inflation. The closely-watched University of Michigan consumer sentiment study also improved from 51 to 53.3. November’s score was however the...
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by Jonathan Cook | Dec 8, 2025
The European Central Bank is expected to announce its fourth consecutive hold at its December meeting. That makes it very much the odd one out of the major rate-setters and gives the euro an opportunity to recoup some value heading into 2026. GBP/EUR: the past year 1...
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by Jonathan Cook | Dec 8, 2025
Sterling bathed in some much-needed optimism last week, strengthening by over half a cent against the euro and just shy of two cents versus the US dollar. Decent economic data arrived just in time to ride a wave of post-Budget relief, although the possibility of an...
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by Jonathan Cook | Dec 8, 2025
All roads lead to Washington this week ahead of the Federal Reserve’s next interest rate decision. With markets overwhelmingly forecasting a quarter-point cut and the labour market showing signs of stress, the decision (and the commentary that accompanies it) will be...
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by Jonathan Cook | Dec 5, 2025
Rumblings around the future chair of the Federal Reserve didn’t help the US dollar on Thursday. Already struggling thanks to weak data, the prospect of a central bank closer to White House influence and with more incentive to carry out the president’s policy missives...
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