Pound suffers as Brexit woes continue

The pound weakened further yesterday and is still weak this morning as concerns over the state of Brexit negotiations continue. The EU said yesterday that it will take legal action if the UK doesn’t drop the new legislation by the end of the month, which...


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EUR: ECB expected to keep rates on hold

The ECB will hold their monetary policy meeting and press conference today, where they are expected to comment on the outlook for the European economy, any policy changes and recent concerns over the rising euro. The euro strengthened yesterday and is still strong...


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GBP: Brexit continues to impact pound

The pound is still weaker against the euro this morning as controversy over Brexit continues. However, after news that the EU will not suspend Brexit talks with the UK, the pound strengthened slightly against the dollar yesterday. It is still in a stronger position...


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ECB monetary policy meeting today

The European Central Bank will hold their latest monetary policy meeting today. Whilst interest rates are expected to be kept on hold, it’s thought that discussion will centre around economic projections and concerns over the rising euro, which were expressed recently...


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USD: Jobless claims data to be released today

The dollar weakened against the euro and also fell slightly against the pound yesterday. Initial jobless claims data will come in for the US today, and the figure is predicted to come in lower that the reading from last month. The greenback is also weaker this morning...


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