GBP: Pound up against euro

The pound has strengthened slightly against the euro this morning, possibly after Boris Johnson’s vaccine update yesterday. He made a pledge that more than 1000 GP-led sites in England will be able to offer a total of “hundreds of thousands” of jabs each day by...


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Pound stronger on vaccine hopes

The pound has strengthened slightly against the euro this morning following the Prime Minister’s pledge yesterday to vaccinate “hundreds of thousands” of people a day in the UK from the middle of January. However, sterling has been weak overall since the start of the...


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USD: Democrats take control of Senate

The outcome of the Georgia run-off elections yesterday confirm that the Democrats now have control over the Senate, as two Democratic candidates took both seats available. This means that Biden will be able to push his legislative agenda through the Senate, which...


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EUR: German factory orders better than expected

The euro has gained against the dollar for three successive days this week but is slightly weaker this morning. PMI data for both Germany and the Eurozone came in slightly worse than expected yesterday, although Composite PMI for Germany still showed that there was...


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