November 21st, 2024
By Jonathan Cook
Sterling gained steadily over the euro on Wednesday after the Office for National Statistics (ONS) announced inflation had climbed to 2.3% in October – its highest...
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November 20th, 2024
By Jonathan Cook
Inflation in the UK returned to a six-month high of 2.3% in October, spurring a rally for the pound on market open this morning. Part of this bounce reflected energy...
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November 19th, 2024
By Jonathan Cook
The pound fell against the euro on Monday as last week’s cocktail of bad economic news hung like a cloud over the British economy. A sleepy early-week economic schedule...
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November 18th, 2024
By Christopher Nye
Last week the economic data turned against sterling, with predictable results. The pound has lost close to 0.75% against the euro over the past week, 2% against the US...
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November 15th, 2024
By Christopher Nye
Sterling has reached the end of the week slightly down against the euro and 2.5% down against the US dollar. The euro has weakened by a similar amount against a...
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November 14th, 2024
By Jonathan Cook
Headline US inflation climbed to 2.6% in October, a development which failed to put the brakes on the US dollar’s barnstorming week. Sterling fell on publication off...
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