by Christopher Nye | Nov 12, 2025
A quiet period for eurozone data hasn’t stopped movement for the single currency, but yesterday was a mixed picture, with gains on the pound and US dollar but losses elsewhere. The big data event of the week is GDP on...
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by Christopher Nye | Nov 12, 2025
Despite bad news on unemployment yesterday it wasn’t an entirely negative day for sterling, which recovered a little ground on the US dollar and the yen. Will that survive tomorrow’s GDP data though, and comments from the BoE’s chief economist this...
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by Charles Purdy | Nov 12, 2025
The news that unemployment has hit 5% in the UK has increased speculation on a leadership challenge to the prime minister. With manifesto-busting tax rises likely in the Budget two weeks away today both the chancellor and her leader appear to be under threat. Average...
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by Jonathan Cook | Nov 11, 2025
American markets head into the Memorial Day holiday with a spring in their step thanks to the spending impasse breaking in the Senate. Trading may be a little quiet today, but the good news for the US dollar is that the wheels of the government may soon begin turning...
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by Jonathan Cook | Nov 11, 2025
The first stages of selecting the next European Central Bank top brass have begun. By the end of 2027, the ECB’s president, vice-president and chief economist will see their terms end. As you might imagine, finding suitable replacements might take some time. GBP/EUR:...
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