GBP: Pound moves lower as spending moves higher

The pound started the day on a slow roll downwards after the sharp ups and downs of yesterday. Nerviness over the still-hoped-for ending of social distancing on 21 June has been the cause, but reports that “Freedom Day” will be delayed by two weeks following a...


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GBP: Best performing G10 currency over past month

The pound finished last week in a strong position against the euro and the dollar. Despite news that Portugal was taken off of the UK’s green list and no countries were added, the pound reached a 2-month high against the single currency and is the top performing G10...


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EUR: ECB meeting this week

The euro has started the week in a weaker position against the dollar as hints of tapering have supported the greenback. A series of data was released for Europe on Friday, including retail sales for the Eurozone, which showed a 3.1% drop in May month-on-month. France...


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Markets continue to monitor June 21 decision

The pound finished last week on a strong note, reaching a 2-month high against the euro and rising against the dollar, but has lost some of that strength this morning. This comes as markets react to the government’s latest comments of being “absolutely open” to...


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