Pound hits near 1-year high against euro

The pound is strong this morning against both the euro and the dollar, after rising to a near 1-year high against the euro yesterday. The combination of a successful vaccination programme and optimism over the UK’s economic recovery continues to boost sterling. In...


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USD: Retail sales rebounded in January

The dollar has eased slightly after rising treasury yields strengthened it earlier in the week. Yesterday, the Federal Reserve released the minutes from their latest monetary policy meeting. As expected, there were no surprises and officials see the economy as “far...


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GBP: Vaccine progress supports pound

The pound hit a 10-month high against the euro yesterday and is still trading around those levels this morning, as the UK’s vaccination programme is still providing hope about the speed of the UK’s economic recovery. Despite this, sterling weakened slightly against...


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Sterling reaches 10-month high against euro

The pound is strong against the euro this morning after reaching a 10-month high yesterday. The pace of the vaccine programme in the UK is boosting sterling, whilst the slower vaccine progress in Europe is weighing on the single currency. A study has revealed that...


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