EUR: EUR/USD continues to weaken

The euro is still weak against the US dollar after tumbling on Thursday for the first time since last April. This follows strong US jobs data last week which turned investors to the US dollar. Additionally, investors digested dovish signals from ECB policymakers,...


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GBP: BoE’s L. Mann to speak

At 9:40 this morning, member of the BoE’s Monetary Policy Committee, Catherine L. Mann will speak following the latest inflation rate. In its February meeting,  the BoE voted by a majority of 7-2 to raise interest rates by 50bps (to 4.0%). This was the...


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Sterling hits a two-year low against euro

Sterling begins the week weaker than both the euro and US dollar compared to this time 7 days ago. Overall, GBP/EUR is at a two-year low for the first time since its long vaccine-related boost in 2021. Against the dollar, the pound sits close to its weakest level...


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USD: Dollar performance patchy

A mixed week reaches its final day with the dollar flying high against the pound and most commodity backed currencies (NOK, AUD etc) but falling behind other ‘safe haven’ currencies like JPY and CHF. The Fed was the odd bank out this week, raising headline rates by...


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