GBP: Pound strengthens as Javid resigns

The pound strengthened to a three and a half year high against the euro yesterday after Sajid Javid resigned as Chancellor of the Exchequer. It’s thought that sterling’s lift was due to increased expectations of a looser fiscal policy, which may come with the...


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Pound hits 3.5-year high

The pound hit a 3.5-year high yesterday, buoyed by better-than-expected yearly GDP figures and a series of poor data releases from the Eurozone. The resignation of Sajid Javid has also helped the markets, with some expecting looser fiscal policy from new appointee...


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USD: Dollar looks to inflation rate figure

The dollar was weaker against the pound but strong against the euro yesterday, as coronavirus news continues to make an impact. Today, we’ll see a series of important economic data for the US. Inflation rate is expected to show a slight increase year-on-year, whilst...


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EUR: Markets eye European Commission forecasts

The euro is weaker today due to a number of factors, including hints that the ECB may cut interest rates this year. President Christine Lagarde has renewed her calls for government spending to help tackle the Eurozone’s slowdown. Today is a relatively busy day for the...


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