Lockdown news continues to weigh on sterling

The pound is still weaker this morning as news of a third national lockdown and the possibility of negative interest rates weighs on sterling. In his speech yesterday, Governor of the Bank of England, Andrew Bailey, said it was reasonable to assume the EU and UK could...


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EUR: PMI data this morning

The euro has risen to a 32 month high against the dollar, which is largely down to dollar weakness. There will be a series of data releases today, including PMI figures for Germany and the Eurozone as a whole. Composite PMI for Germany, which tracks business trends...


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GBP: Bailey to speak this afternoon

The pound is weaker against the euro this morning as the new lockdown restrictions weigh on sterling. There are concerns over how the UK economy will cope in the first quarter of this year and any progress is heavily dependent on the success of the vaccine rollout....


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Pound weaker ahead of Bailey speech

The pound is still struggling against the euro this morning after the Prime Minister’s announcement on Monday, which placed the nation in a third lockdown. The Governor of the Bank of England, Andrew Bailey, will speak later today and is expected to comment on the...


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