EUR: All eyes on ECB press conference

The euro is slightly weaker against the dollar this morning ahead of the European Central Bank’s press conference and interest rate decision later. The meeting is expected to be focused on the Pandemic Emergency Purchase Programme (PEPP) and whether the growth and...


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GBP: UK-EU tensions rising

The pound is slightly weaker this morning but is still trading around the same levels against the euro and the dollar. However, the possibility that the June 21 reopening could be delayed, and rising COVID-19 cases could have an impact on sterling in the coming days...


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Simple steps on the return to normal

Sterling has now entered a fourth week barely moving against either the euro or US dollar. That may give cause for alarm for anyone with a major transaction approaching overseas, or budgeting for a life overseas, as the markets try to work out whether sterling is...


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USD: Investors look ahead to inflation data

The dollar was slightly stronger against a basket of currencies yesterday ahead of tomorrow’s inflation rate data. Investors will focus on this data as it could influence the Federal Reserve’s stance to tapering monetary policy. So far, the Fed have stuck to their...


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