EUR: Euro nears a 3-month high against dollar

The euro is nearing a three-month high against the dollar this morning and is gaining some ground against the pound. The IFO Business Climate indicator for Germany was released yesterday, which measures sentiment about the current business situation and expectations...


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GBP: Pound strong on positive market sentiment

The pound is still at strong levels this morning due to positive vaccine news earlier this week and optimism surrounding a Brexit deal. Negotiations are expected to continue in London from tomorrow and the markets will await further updates. There are also...


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Chancellor to reveal spending plans today

The pound is still strong against the euro and the dollar this morning as vaccine positivity and hopes of a Brexit deal keep it buoyant. Later today, Chancellor Rishi Sunak will announce the government’s spending plans for the coming year and will also assess the...


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The world prepares to spend again

The guessing game continues. When people who know about these things said, four and a half long years ago, that nothing gets decided in EU negotiations until the last possible moment, I wonder how many of us believed them? Yet here we are just five weeks from the day...


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USD: Trump makes way for Biden

The dollar has weakened this morning after President Trump has given way to President elect Biden and accepted the start of a transition to the new regime. However, he has said that he will continue to contest his election defeat. This transition means that Biden will...


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