by Jonathan Cook | Oct 6, 2025
Friday brought more bad news for the pound and the UK economy. S&P’s initial estimate of services output in September was revised down from 51.9 to 51, which probably prevented the pound from making more significant progress. GBP/USD: the past year 1...
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by Jonathan Cook | Oct 6, 2025
The US government shutdown rolls on into a fresh calendar week following Donald Trump’s threat of permanent layoffs and severe spending cuts for “Democrat” agencies. Sterling was able to regain half a cent against the US dollar to end last week, while trading mostly...
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by Jonathan Cook | Oct 3, 2025
Both main parties are using the government shutdown to score political points. This is despite the impact it is having on labour market data and other core government activities. It might sound like a fringe concern, but being able to call on robust, verified data is...
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by Jonathan Cook | Oct 3, 2025
The eurozone’s jobless rate climbed unexpectedly from 6.2% to 6.3% in August. That didn’t seem to have much bearing on the euro, aside from instigating a modest fall against the US dollar. GBP/EUR: the past year 1 Min 5 Min 1 Hr 1 Day 1 Wk 1 MthFrom To...
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by Jonathan Cook | Oct 3, 2025
The Bank of England’s business survey didn’t exactly paint a rosy picture for the pound. After spring’s tax hikes, companies are looking ahead to the next budget with apprehension. Hiring is down and businesses are still raising prices – hardly a promising sign for...
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