Pound weaker due to stock market drop

After a strong day yesterday, sterling is slightly weaker against the euro and the dollar this morning as it continues to move in tandem with the stock market. However, it’s thought that the UK’s speedy vaccine rollout will continue to support the pound. It’s a busy...


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USD: Focus turns to Federal Reserve

The dollar is slightly weaker this morning ahead of the Federal Reserve’s interest rate decision and press conference later today. The interest rate is expected to be kept on hold and it’s thought that Fed Chairman, Jerome Powell will renew his commitment to...


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EUR: Consumer sentiment in Germany takes a hit

The euro is struggling to gain momentum against the dollar and the pound as concerns continue over the pace of Europe’s vaccine rollout. At the end of last week, AstraZeneca warned the European Commission that there would be a shortfall in the promised 100m vaccine...


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GBP: Vaccine rollout supports sterling

The pound is stronger against the euro and the dollar this morning. The UK’s speedy vaccine rollout is helping sterling to strengthen, despite the continuing lockdown. As of yesterday, 6.8 million first doses of the COVID-19 vaccine have been administered in the UK....


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Pound strengthens on speedy vaccine rollout

Sterling remains at strong levels against the euro and the dollar this morning, benefitting from the UK’s speedy vaccine rollout. It is hoped that this will aid an economic rebound in the UK and reduce the possibility of negative interest rates. The pound has reached...


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