by Charles Purdy | Oct 15, 2025
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 euro, and not across the board as commodity backed...
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by Jonathan Cook | Oct 14, 2025
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 a weeks-long shutdown to its worry list, which...
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by Jonathan Cook | Oct 14, 2025
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 Central Bank President Christine Lagarde...
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by Jonathan Cook | Oct 14, 2025
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 unpleasant surprises. Pretty much...
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by Jonathan Cook | Oct 14, 2025
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 each lost a little ground to the US dollar, while...
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