by Jonathan Cook | Oct 6, 2025
The lack of data means the US dollar is more susceptible than ever to the rumours and whispers of investors. Those will grow following the release of FOMC minutes with little in the way of evidence to serve as a riposte should the dollar fall. EUR/USD: the past year 1...
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by Jonathan Cook | Oct 6, 2025
Suddenly, the euro’s trajectory seems notably more stable than that of its rivals. Another solid week brought a half-cent strengthening against the US dollar, and while the euro was little moved against the pound, it is still around two cents stronger compared to the...
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by Jonathan Cook | Oct 6, 2025
Friday brought more bad news for the pound and the UK economy. S&P’s initial estimate of services output in September was revised down from 51.9 to 51, which probably prevented the pound from making more significant progress. GBP/USD: the past year 1...
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by Jonathan Cook | Oct 6, 2025
The US government shutdown rolls on into a fresh calendar week following Donald Trump’s threat of permanent layoffs and severe spending cuts for “Democrat” agencies. Sterling was able to regain half a cent against the US dollar to end last week, while trading mostly...
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by Jonathan Cook | Oct 3, 2025
Both main parties are using the government shutdown to score political points. This is despite the impact it is having on labour market data and other core government activities. It might sound like a fringe concern, but being able to call on robust, verified data is...
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