Travel restrictions reverse pound’s gains

The pound strengthened against both the euro and US dollar by nearly 0.3% in early trading yesterday but lost those gains in the afternoon and it starts Tuesday roughly where it began the week. Prompting the reversal in sterling’s fortunes yesterday were increased...


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USD: Non-Farm Payrolls this week

The dollar is steady against the euro and the pound this morning. A relatively busy week of data releases lies ahead in the US, culminating in Non-Farm Payrolls on Friday. The Non-Farm Payrolls data is expected to show that the US economy added 675,000 jobs in June,...


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EUR: A busy week of data ahead

The euro is mostly steady against the dollar this morning ahead of a busy week of data releases. Sentiment figures will be released for the Eurozone tomorrow, as well as inflation data for Germany. This will be followed by inflation data for the Eurozone on Wednesday...


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GBP: Pound showing signs of recovery

The pound is still weaker against the euro and the dollar after the Bank of England’s monetary policy meeting last week but appears to be showing signs of recovery this morning. Sterling weakened on Thursday evening and Friday morning as investors were expected a more...


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Pound recovering ahead of busy week for data

After weakening on Thursday and Friday due to the Bank of England’s policy announcement, the pound is showing signs of recovery against the euro and the dollar this morning. This comes ahead of a busy week for economic data releases in the UK, EU and US. There will...


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