by Jonathan Cook | Aug 26, 2025
As has been the case for some time, the biggest influence on the US dollar is the Federal Reserve. Usually, this comes in ever-changing rate expectations. But yesterday President Trump fired Lisa Cook, a governor of the Federal Reserve, alleging she had made false...
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by Christopher Nye | Aug 22, 2025
Positivity among America’s business leaders powered the dollar to gains against all-comers yesterday. The Jackson Hole Symposium continues in Wyoming, with Jerome Powell talking today at 3pm UK time. USD/GBP past year 1 Min 5 Min 1 Hr 1 Day 1 Wk 1 MthFrom To ...
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by Christopher Nye | Aug 22, 2025
Despite reasonable economic news it was a mildly downhill day for the euro yesterday, with losses of close to 0.5% against the US dollar and a small loss against sterling. Monday starts with the Ifo Business Climate report for Germany, then the consumer side of the...
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by Christopher Nye | Aug 22, 2025
It was a mixed day for sterling, with losses against the US dollar and other safe-haven currencies the yen and Swiss franc. There’s no data to speak of today or indeed next week, with Monday a bank holiday. Still, the pound could well move in reaction to overseas...
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by Charles Purdy | Aug 22, 2025
While sterling has limped into the last weekend of summer against the US dollar, August more generally has been positive, with a 1% gain on the euro, Swiss franc and others. The interest rate cut on 7 August was responsible, or more pertinently the increased...
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