Pound strong ahead of fisheries meeting

The pound is still well supported against the euro and the dollar this morning. Michel Barnier, Chief Negotiator for the EU, has summoned fisheries ministers from all EU nations for a meeting today. This may indicate an incoming breakthrough in Brexit negotiations, as...


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USD: FOMC minutes released

The dollar is still weak, weighed down by vaccine optimism and stimulus hopes as investors opt for riskier currencies. Jobs data released yesterday showed a rise in unemployment, with jobless claims rising to 748, 500 in the week ending November 21st. Data also showed...


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EUR: ECB say bank profits will remain weak

The euro is still strong against the dollar today as the greenback continues to weaken. The ECB carried out their financial stability review yesterday. President of the ECB, Christine Lagarde said that there could still be recurring cycles of coronavirus waves and...


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GBP: Brexit update this week?

The pound is slightly weaker this morning, but still at significant levels against the euro and the dollar as the markets await Brexit news. Yesterday, France’s foreign minister Jean-Yves Le Drian told French politicians that the UK had still not yielded on the matter...


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Mixed reports on Brexit progress

The pound has edged slightly lower against the euro and the dollar but remains above significant levels as the markets await Brexit news. Head of EU’s Executive Commission reported that there had been “genuine progress” with negotiations yesterday. However, other...


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