by Julian Benson | Aug 27, 2025
Despite the initial upheaval caused by US President Donald Trump trying to fire one of the independent Federal Reserve’s governors, the markets settled over Tuesday. The pound ended almost exactly where it started the day against the dollar and both currencies were a...
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by Jonathan Cook | Aug 26, 2025
Federal Reserve chair Jerome Powell gave his strongest indication yet that US interest rates will soon fall when he spoke at the Fed’s annual meeting in Jackson Hole. Powell described risks “shifting” and that the complex economics might now support a cut. The US...
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by Jonathan Cook | Aug 26, 2025
Another rise in headline inflation was almost cancelled out by stronger sector data and an improved business outlook, but can currency markets trust the data they’re getting from the ONS? There is real anxiety here, because losing accurate, impartial data on the state...
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by Jonathan Cook | Aug 26, 2025
Germany’s economic struggles are a cause for concern for anyone selling euros. Economic growth in the second quarter of the year was revised down at the second estimate. While the euro has had a strong summer, it will need its economic engine to cement those gains in...
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by Jonathan Cook | Aug 26, 2025
As has been the case for some time, the biggest influence on the US dollar is the Federal Reserve. Usually, this comes in ever-changing rate expectations. But yesterday President Trump fired Lisa Cook, a governor of the Federal Reserve, alleging she had made false...
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