House and PMI data for USA

The dollar will continue to be influenced by the rise and fall in pandemic numbers coming from US states. The US dollar has a complicated relationship with troubles on its own doorstep, gaining from being a safe haven even as investors take fright at the damage being...


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Sterling basks in Brexit silence

Sterling strengthened marginally yesterday, by around a third of a cent against the euro but rather more than a cent against the US dollar. The new low in Covid cases may have been a factor, but the lack of Brexit news – which has mainly been negative recently – was...


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Lockdown set to end in UK

It’s widely expected that the Prime Minister will announce today that the UK’s lockdown will ease further, with the current two-metre rule potentially to be reduced from 4 July. That will enable pubs and cafes to open in some format (various steps are being mooted,...


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