Markets await EU decision on vaccine exports

The pound has weakened against the euro and the dollar this week due to worries over a possible vaccine export ban from the EU. Today, the European Commission will ask for approval from EU leaders on the export restrictions. Any decision could spell volatility for the...


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USD: Dollar stronger due to safe-haven appeal

The dollar has strengthened against a basket of currencies today as worries over the global economic outlook have prompted the markets to look to safe-haven currencies. The greenback was also supported by comments from Treasury Secretary Janet Yellen, who spoke with...


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EUR: Euro weak due to concerns over third wave

The euro is weaker against the dollar and stronger against the pound this morning. Overall, worries about the third wave of COVID-19 infections in Europe are weighing on the single currency, as well as the slow vaccine rollout. Today, the European Commission will...


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GBP: UK inflation drops unexpectedly

The pound has fallen to two-week lows against the euro this morning and six-week lows against the dollar. This is due to a fall in the global markets, which has occurred due to fears that the global economic recovery from the pandemic could be slower than expected....


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