by Jonathan Cook | Jul 8, 2025
Scott Bessant said on Monday he would make “several announcements” over the next 48 hours. The US dollar will be materially affected by the contents of those announcements, as well as just how significant they prove to be for the economy. EUR/USD: the past year 1 Min...
read more
by Jonathan Cook | Jul 8, 2025
Like an ill-prepared university student, the eurozone finds itself scrambling to get a major piece of work over the line before a looming deadline. But is the deadline tomorrow or in fact several weeks from now? The fact it is genuinely unclear meant the euro weakened...
read more
by Jonathan Cook | Jul 8, 2025
Sterling made a solid start to the week after several days of unease last time out. Even so, the pound dipped substantially against its rivals last week, and the prospect of a key GDP release to round out the week means few are expecting a quiet week. GBP/USD: the...
read more
by Jonathan Cook | Jul 8, 2025
Currency markets made a sluggish, risk-off start to the new week as questions swirled around the US tariff negotiating deadline. After previously suggesting Wednesday (9 July) was a firm deadline, treasury secretary Scott Bessant gave the strongest indication yet that...
read more
by Jonathan Cook | Jul 7, 2025
The pound weakened by over a cent against the euro over the course of last week, with events coming to a head on a remarkable Wednesday. In a nutshell, sterling’s troubles worsened after the prime minister was forced to give in to his own MPs, who demanded planned...
read more
