GBP: Sterling likely to remain under pressure

The pound is weakening against the euro but is strengthening against the dollar. This comes as UK markets reopen after Christmas and begin to trade for the first time since the Brexit deal has been reached. Parliament will debate and vote on the £668bn deal today,...


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Spring, here we come

Sterling seems immune to good news at the moment. Game changing news on the Brexit deal and the Oxford vaccine approval – effectively a guaranteed end to the pandemic in just a few weeks’ time – have failed to move the market, and GBP/EUR is exactly in the same place...


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