GBP: Portugal removed from ‘green list’

The pound has strengthened against the euro this morning but is struggling against the dollar as Covid variants continue to cause some angst. At the latest government meeting regarding international travel, Portugal was removed from the ‘green list’ and no new...


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Pound strong despite travel disappointment

It was announced yesterday that Portugal is to be demoted to the ‘amber list’ from Tuesday, and no other countries will be added to the ‘green list’. This came as a shock to the travel and tourism industry, however, Health Secretary Matt Hancock defended the decision...


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USD: Fed Harker suggests tapering bond buying

The dollar has edged slightly higher this morning against a basket of currencies ahead of important Non-Farm Payrolls data tomorrow. The Federal Reserve released their latest Beige Book yesterday, which is a report on current economic conditions. It revealed that the...


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GBP: Pound responds to June 21 optimism

The pound strengthened against the euro throughout the course of yesterday due to new signals that the June 21 reopening could go ahead. Yesterday, Boris Johnson reiterated that the government need to wait a bit longer before analysing the data to make a decision on...


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