by Jonathan Cook | Jul 3, 2025
Bond market stress, sterling under the cosh, a government in freefall. Is this 2022 all over again? Maybe not, but the pound has seen this story play out before. A huge fall for sterling meant questions swirled for the government, the chancellor and the UK economy...
read more
by Jonathan Cook | Jul 3, 2025
The pound weakened by over a cent against the euro and by almost two cents against the US dollar on Wednesday, a day that saw one of the most remarkable Prime Minister’s Questions (PMQs) of recent times. Despite stabilising in the evening session, sterling will be...
read more
by Julian Benson | Jul 2, 2025
While exchange rates yesterday were a little calmer, with the pound, euro and dollar staying largely flat, the broader trend of the past week remains the same. The dollar is down. The euro is up. The pound is in the middle. In fact, the dollar has had the worst six...
read more
by Julian Benson | Jul 2, 2025
Following falls on Monday, the dollar held its own against the pound and euro on Tuesday, with change fluctuating up and down within 0.1%. Despite signs of a healthy economy, with inflation down and jobs up, Fed Chair Jerome Powell says the uncertainty caused by...
read more
by Julian Benson | Jul 2, 2025
The euro was very slightly ahead of the pound and dollar on Tuesday, with around 0.1% gains on both. The morning brought news that the eurozone had achieved its target of 2% inflation, though ECB chair Christine Lagarde was quick to say it wasn’t “Mission...
read more