EUR: Euro weaker due to lack of unified approach

The euro is weak against the pound and the dollar this morning, as the markets begin to vent their frustration at the Eurozone’s inability to adopt a united approach to fighting the economic damage caused by the coronavirus pandemic. Member states are currently...


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Sterling regains some ground against euro

Sterling reached a two week high against the euro over the past 24 hours, benefitting from euro weakness and the ripple effect on the British financial services sector due to the US Federal Reserve’s latest stimulus programme. Manufacturing figures showed overall poor...


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US and EU help to rally pound

The pound recovered yesterday to its highest level for nearly three weeks, against both the euro and US dollar. The main reason appears to be the actions of the US Federal Reserve, pumping more dollars into the global financial system, rather than anything happening...


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USD: Dollar strong ahead of manufacturing data

Despite weakening slightly against the pound, the dollar was still strong across the board yesterday and is still strong this morning as coronavirus worries continue. Concerned by the number of growing COVID-19 cases in the US, where the reported cases are nearly...


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