by Charles Purdy | Dec 2, 2025
The week started off with a steep dive for sterling against the euro. But just when you might have worried that it was a start of the great Budget unravelling, GBP recovered most of those losses. And just as well, on a day with several pieces of good news for the UK...
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by Christopher Nye | Dec 1, 2025
The pound remains around 1% stronger against the US dollar compared to this time last week and 0.25% up on the euro. We’ve got some interesting price data tomorrow including the British Retail Consortium (BRC) shop inflation level and the Nationwide House Price...
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by Charles Purdy | Dec 1, 2025
After strengthening after the Budget and staying strong for the rest of the week, things have started to look a little shaky for sterling – not unlike reaction to the Budget itself. While the chancellor is defending herself against claims that she misled the public...
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by Christopher Nye | Dec 1, 2025
November was reasonably kind to the single currency, despite a slip in the past week. Inflation results are continuing to come out, with only Spain’s 3% looking significantly above the 2% target. We’ll get the overall eurozone inflation result...
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by Christopher Nye | Dec 1, 2025
Prior to the long Thanksgiving weekend the dollar was losing out to all of its major pairs, following the growing expectation that the Federal Reserve will soon have a more doveish chair. Coming up today we have ISM Manufacturing PMI, recently languishing well below...
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