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EUR: Single currency under pressure

It’s a sea of red on the charts for the euro this morning, but the good news for those selling euros is that the losses are minor. It’s been a quiet period for the euro, and with relatively little data coming up this week the euro may be in passive...


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Pound rises to meet interest rate decision

Pound rises to meet interest rate decision

The start of a pivotal week for the pound and US dollar has started very much in sterling’s favour. GBP/USD gained 0.25% in early trading, with GBP/EUR not far behind. This may come as a surprise bearing in mind the endlessly negative headlines around the government...


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USD: Dollar hit by inflation rise

It was a sea of red for the US dollar yesterday, though whether that was because of the increasing likelihood of an interest rate cut, or worries over economic performance, remains to be seen – maybe a bit of both. We’ll hear Michigan Consumer Sentiment this...


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EUR: Interest rates held again

The ECB made no move on interest rates again yesterday, while predicting a small rise in inflation to 2.1% next year and a rise in GDP to 1.2% this year (and 1% next year). This did little to affect the euro, which had a mixed day that included gains on the US dollar...


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