by Jonathan Cook | Aug 7, 2025
Markets are betting on a three-way split in today’s Bank of England vote. For the pound, this lack of consensus points to an uncomfortable and tense economic moment. As policy opinions begin to diverge, expect things to get a little bumpy for the pound from midday...
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by Jonathan Cook | Aug 7, 2025
The pound weakened by half a cent against the euro and strengthened by a similar margin over the US dollar on Wednesday. Despite the usual stream of news, nothing could distract the focus from the Bank of England’s looming interest rate decision. Today’s vote should...
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by Julian Benson | Aug 6, 2025
Looming over this week is the shadow of the Bank of England’s big decision: will it cut interest rates? The Monetary Policy Committee announces on Thursday whether it will cut interest rates from 4.25% to stimulate growth. Analysts are widely predicting a cut....
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by Julian Benson | Aug 6, 2025
The dollar dragged behind the pound and euro on Tuesday, losing 0.2% against the former and 0.3% against the latter. Two surveys of the country’s services industry painted a confused picture, with one showing growth and the other contraction. USD/GBP past year 1 Min 5...
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by Julian Benson | Aug 6, 2025
The euro was up 0.3% on the dollar, recovering from Monday’s losses. Fresh services data showed small gains across most of Europe, with only France registering a loss. Construction data coming later today is predicted to show similar. EUR/USD past year 1 Min 5 Min 1...
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