Sterling was second only to the US dollar as the best performing G10 currency last year but, after the first trading day of 2025, it has turned out to be the worst. Of...
Europe, and the UK in particular, have fallen significantly behind the US when it comes to productivity performance. Does this imply that the likes of the euro and the...
The pound has performed well so far this year but, for it to continue to do so, the financial market is going to have to put a lot of trust in the new government.
The pound is still the best performing G10 currency this year and it is also up on a broader trade-weighted index according to the Bank of England’s calculation. But...
Markets will be as understanding if new UK Chancellor Rachael Reeves Gerrymanders the fiscal rules to give her more room to pump up investment in next month’s budget.
Sterling has been the best performing currency in the G10 so far this year, but there’s a growing danger that it gives back some, or all, of these gains before the year...
The pound has performed quite well since the election. The movements of the pound fit call of many analysts that political stability, a focus on re-energising economic...
Sterling has hardly moved since the opposition Labour Party won a huge 174-seat majority last Thursday. That’s not surprising given that a strong outcome for Labour was...
A left-leaning but stable government, or a right-of-centre government that is inherently unstable? We could be about to find out in the UK as the electorate is likely to...
For major advanced democratic nations like the UK, political stability should be better for the pound than instability.
The UK and US share elections this year; the former on July 4th and the latter November 5th. But the 2024 calendar is all they share because, in many respects, the two...
The US dollar has risen against the euro and the pound even though policy rate differentials have been very stable, particularly with respect to the UK.
Currency investors probably won’t have the patience to buy sterling now in anticipation of what may turn out to be false hopes, but it is still an issue to look out for....
If the UK government delivers tax cuts that both lift growth prospects now and reduce Labour’s room for manoeuvre after polling day, then many might see that as...
There has been some talk recently that political parties vying to win this year’s UK election could propose the sort of fiscal largesse that rekindles memories of the...
Fixation with the performance of the US dollar is understandable given the dominance of the greenback in areas such as currency trading, reserve holding, trade invoicing...
With data seemingly dictating an end to rate hikes from the ECB and BoE, it seems reasonable to assume that both the euro and the pound will weaken significantly.
UK wage data was pretty shocking. It has raised speculation that the Bank of England could have to go further than previously expected when it comes to base rate hikes.
In the UK, it had seemed for a long time that politics did not matter very much when it came to the performance of financial assets such as gilts and the pound.
Many analysts have been quite optimistic for the pound this year. But while this view seems to be playing out, there are aspects of what’s been happening recently that...
The pound has been lifted by Monday’s agreement between the UK and EU that rids the pair of the hated Northern Ireland protocol (or at least moulds it into a shape...
UK Chancellor Hunt promised a "tough" autumn statement last week. But it only becomes tough after two years, and that’s when the Conservatives will likely be out of...
VN
EN