by Jonathan Cook | Aug 18, 2025
The pound was rewarded for passing last week’s GDP test, but this week brings yet more hurdles. Inflation might make awkward reading for the Bank, but don’t expect sterling to navigate the second half of the week without a few uncomfortable moments. GBP/USD: the past...
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by Jonathan Cook | Aug 18, 2025
The pound strengthened by half a cent against the euro and by over a cent against the US dollar last week, bolstered by June’s unexpectedly robust GDP report. A subdued Friday saw some of the week’s risk appetite fade away. If Friday was quiet, it was because all eyes...
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by Charles Purdy | Aug 15, 2025
It was a busy day on the currency markets. There were rises for sterling in the morning, with the pound-to-euro rate hitting its best since the beginning of July. Then the Producer Price Inflation (PPI) data for the US came in and the sharpest rise for over three...
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by Christopher Nye | Aug 15, 2025
There were big rises across the board for the dollar following the release of PPI data that shows a strong uptick in inflation. We’ll be getting retail sales data shortly, then the Michigan Consumer Sentiment Index, both good indicators of everyday American’s mood...
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by Christopher Nye | Aug 15, 2025
It was a sea of red for the single currency yesterday, with losses of 0.25% against the pound and twice that amount against the dollar. It’s a quiet period for European data, with nothing on the horizon until the Purchasing Managers’ Index (PMI) next Thursday. EUR/USD...
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