Pound strengthens on BoE policy statement

The pound was given a small but much-needed boost yesterday and is still stronger this morning. The Bank of England affirmed that they would be willing to take further action to limit the economic fallout from the coronavirus crisis. The European Central Bank released...


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USD: Dollar weaker ahead of data

A new stimulus package agreed by the Senate and the White House is now due to pass through Congress, and the dollar has weakened slightly on hopes that this will bring stability. This morning, we’ll see a series of data releases for the US. Figures are expected...


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EUR: Low expectations ahead of economic bulletin

Euro is stable this morning, despite concerns over the impact on the eurozone economy. German business climate figures came in at their lowest level since 2009 yesterday and consumer confidence today fell to a six-year low. Today economic bulletin from the European...


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GBP: Pound volatile on worries for the economy

After strengthening earlier in the day, the pound was weaker against the euro and the dollar yesterday afternoon. Having taken comfort in the fact that the Bank of England released stimulus measures to mitigate the impact of coronavirus, investors are again worrying...


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UK passes emergency coronavirus laws

The UK Parliament has passed its emergency laws on coronavirus, giving the government temporary emergency powers to deal with the crisis. Following this, Parliament went into recess, expected to return on 21st April. In the Eurozone, the economic impact of coronavirus...


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