Select Page


Europe considers response to Trump landgrab

The gloves appear to be off in the latest threat to global peace and security – that’s his words – as on Saturday President Trump ramped up the pressure on Denmark, Europe and NATO to come to a deal for the peaceful handover of Greenland to the USA. He announced...


read more

USD: No rate cut yet, says Fed policymaker

The US dollar was looking strong yesterday against all but the resurgent Australia dollar. The US dollar was supported by comments from US interest rate setter Raphael Bostic who indicated that he would be against an interest rate cut in the near future. USD/GBP past...


read more

EUR: Single currency on back foot

Overall, the single currency performed even worse than sterling last week, but the losses were minor against its major partners (although substantial against RUB, MXN and ZAR). We’ve got final inflation data coming out for 2025 on Monday. GBP/EUR past year 1 Min 5 Min...


read more

GBP: Week ends on negative despite growth

Sterling lost up to half a percent against leading pairs yesterday even after positive news on the economy that probably killed off an interest rate cut next month. We’re back in sniper’s alley for sterling next week, with unemployment, inflation and PMI all coming...


read more

GDP growth fails to lift sterling’s gloom

Sterling seemed to take its cue from the unremittingly grim English weather yesterday, losing between a quarter and half a percent against leading pairs. This was despite good news on the economy from the Office for National Statistics first thing, with GDP (gross...


read more