‘Super’ Mario to save euro

The euro is weaker against the pound but strengthening against the dollar this morning. The single currency is stabilising but could be affected by meetings later this week, including from the European Central Bank and the Federal Reserve. Mario Draghi, former ECB...


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Vaccine pace boosts sterling

The pound has reached new highs against both the euro and the dollar this morning as markets are optimistic about the recovery of the UK economy. The government has reached its target of offering a vaccine to the 15 million most vulnerable people in the UK. The next...


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Pound strong as vaccine target reached

The pound is strong this morning as markets are optimistic after the government reached its target of offering a vaccine to the most vulnerable people in the UK. Lockdown appears to be working as infection rates and the R number continues to fall. The latest R number...


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Return to full employment a priority

The dollar has strengthened slightly despite US initial jobless claims being higher than forecast. Markets continue to be optimistic about Biden’s stimulus package. Federal Reserve Chairman Jerome Powell reiterated his dovish stance on prioritising bringing the labour...


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Optimism for euro

The euro has weakened slightly but is still trading around a two week high against the dollar as the European Commission offers economic optimism for the eurozone. It anticipates that as the vaccination programme gathers pace and lockdowns are eased, the eurozone and...


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