by Jonathan Cook | Aug 12, 2025
After a string of gloomy weeks, the US dollar began Monday on a positive note. However, slight improvements and the trade and geopolitical fronts won’t make up for economic weakness. Plus, there’s still no guarantee that the American economy will suddenly turn a...
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by Jonathan Cook | Aug 12, 2025
A quiet summer period presents both risks and opportunities to the euro, which slid against the pound and the US dollar to start the week. The slow trickle of data (including this morning’s German consumer sentiment report) will in all likelihood be eclipsed by...
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by Jonathan Cook | Aug 12, 2025
Sterling’s performance was mixed yesterday, strengthening by around 0.3% against the euro and weakening by about half a cent as the US dollar made a recovery. Ahead of Thursday’s crucial GDP report, the pound’s path is very much uncertain. GBP/USD: the past year...
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by Jonathan Cook | Aug 12, 2025
Joblessness in the United Kingdom in June came in unchanged from the month prior at 4.7%, we learned this morning. After a quiet Monday, sterling was on the rise against both the euro and the US dollar immediately following that news. Perhaps this rise had more to do...
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by Jonathan Cook | Aug 11, 2025
The pound strengthened by over a cent against the euro after last week’s interest rate cut from the Bank of England. The Bank decided on a 0.25% cut (taking the headline figure from 4.25% to 4%), although this was only after an unprecedented second vote once the first...
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