by Christopher Nye | Jan 16, 2026
The US dollar was looking strong yesterday against all but the resurgent Australia dollar. The US dollar was supported by comments from US interest rate setter Raphael Bostic who indicated that he would be against an interest rate cut in the near future. USD/GBP past...
read more
by Christopher Nye | Jan 16, 2026
Overall, the single currency performed even worse than sterling last week, but the losses were minor against its major partners (although substantial against RUB, MXN and ZAR). We’ve got final inflation data coming out for 2025 on Monday. GBP/EUR past year 1 Min 5 Min...
read more
by Christopher Nye | Jan 16, 2026
Sterling lost up to half a percent against leading pairs yesterday even after positive news on the economy that probably killed off an interest rate cut next month. We’re back in sniper’s alley for sterling next week, with unemployment, inflation and PMI all coming...
read more
by Charles Purdy | Jan 16, 2026
Sterling seemed to take its cue from the unremittingly grim English weather yesterday, losing between a quarter and half a percent against leading pairs. This was despite good news on the economy from the Office for National Statistics first thing, with GDP (gross...
read more
by Ryan Morrison | Jan 15, 2026
The mood across global markets was steadier this morning after a stronger-than-expected UK growth report and a calmer tone from investors worldwide. New data from the Office for National Statistics showed that the UK economy expanded by 0.3 per cent in November,...
read more