GBP: UK service sector grew sharply in March

The pound is still weaker against the euro and the dollar this morning. It could be said that this is due to lower vaccine supplies expected in April and concerns over the AstraZeneca vaccine due to its possible link with blood clots. A UK regulator said those in the...


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Vaccine uncertainty weighs on sterling

Sterling is still in a weaker position against the pound and the dollar this morning due to uncertainty over vaccine supplies and the safety of the AstraZeneca vaccine. News yesterday revealed that the under 30s will be offered an alternative vaccine, however, the...


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USD: FOMC meeting minutes released today

The dollar weakened at the beginning of this week due to a fall in bond yields. However, it is strengthening slightly this morning ahead of the release of FOMC meeting minutes. After a strong non-farm payrolls report at the end of last week, the markets will be...


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EUR: PMI figures beat expectations

Sterling and dollar weakness have allowed the euro to strengthen against both currencies this week. However, it’s unclear as to whether this rebound will be sustainable. After escaping the worst of the pandemic last year, countries in eastern and central Europe have...


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