The pound has been buffeted by central banker comments on both sides of the Atlantic in the last 24 hours, weakening yesterday but making up some – but not all – ground overnight. Tomorrow it’s the turn of…
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The pound weakened against most of its main pairs yesterday after the UK’s unemployment rate hit its worst since the pandemic and pay rises eased. Sterling’s losses were fairly modest at half a cent or so against the…
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Recent polls suggest most American people put the blame for the ongoing shutdown at the Republicans’ door. Still, now the issue of military pay settled, there isn’t much risk in them continuing it. The US dollar can add…
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The euro has struggled to gain a foothold after reaching a mid-September peak. At that time, the euro had reached a four-year high against the US dollar, but it has since retreated. A missed chance? Perhaps, although European…
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Media reports suggest Rachel Reeves is looking to build a bigger fiscal buffer than the roughly £10 billion one she constructed last time. Sterling would benefit from a bit more breathing room, which would certainly help guard against…
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The US dollar strengthened against the pound and the euro on Monday, fuelled both by hopes that the president would adopt a softer position on trade and the release of Israeli hostages in Gaza. Sterling and the euro…
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The pound failed to make up much headway on the euro for the second consecutive week last time out. In fact, sterling has been static for quite some time, ranging by little over a cent against the euro…
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American consumers aren’t budging much in terms of the economic outlook. The University of Michigan’s consumer sentiment index ticked down one-tenth of a point to 55 in October. With little changing on the economic front, the US dollar…
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