by Jonathan Cook | Jul 28, 2025
Some unexpectedly hawkish comments from Christine Lagarde fuelled a second half push for the euro. With an emphasis on the medium term outlook, Lagarde did not rule out the next movement being a rate hike. That paints a vastly different picture when compared to the...
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by Jonathan Cook | Jul 28, 2025
June’s glorious weather boosted retail sales by 0.9%, but that came in below the majority of forecasts from economic experts. Combined with falling consumer confidence, a less economically productive spell of good weather consigned the pound to another losing week...
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by Jonathan Cook | Jul 28, 2025
European negotiators struck an eleventh-hour trade deal with the United States this weekend that will reduce the charges levied on a wide range of goods to 15%. The deal is similar in structure to the recent agreement with Japan, except it requires the European Union...
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by Christopher Nye | Jul 25, 2025
Another good day for the dollar, with modest gains almost all round, with the Chinese yuan being the exception. Coming up this afternoon, UDS Durable Goods Orders, with a major decline expected. USD/GBP past year 1 Min 5 Min 1 Hr 1 Day 1 Wk 1 MthFrom To For...
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by Christopher Nye | Jul 25, 2025
The single currency had a quiet day as the European Central Bank, as expected, held interest rates steady – albeit at less than half the rate of the UK and USA. We’ve got the Ifo Business Climate reading coming up shortly. EUR/USD past year 1 Min 5 Min 1 Hr 1 Day 1 Wk...
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