GBP: Pound strong ahead of quiet week

The pound is looking strong against the euro and the dollar this morning. It awaits the release of Finance Mortgage Approvals today, which are expected to increase slightly month-on-month. This week is very light on data, with Manufacturing PMI released on Thursday...


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Pound starts the week strong

The pound is strong against the euro and the dollar this morning, despite news that the President of the European Commission has questioned the deadline to the Brexit transition period. The EU’s Economic Bulletin was released at the end of last week and the Federal...


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What else would you lock in for 2020?

The currency markets have settled down after the immediate post election excitement. The pound is certainly lower – against both the euro and US dollar – than the night after the election, but do take a moment to look at the graph and its position compared to the past...


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Pound recovers in early post-Christmas trading

The pound recovered swiftly from Christmas over the past two days, shrugging off pre-Christmas jitters about the Brexit transition period and the introduction of a non-negotiable December 2020 deadline. The euro awaits the release of the ECB’s Economic Bulletin this...


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GBP: Pound shrugs off Christmas blues

The pound was under pressure before Christmas, falling for five consecutive days due to Brexit worries and reduced liquidity. Many believe that a year isn’t long enough for the government to negotiate a trade deal with the EU and are worried about a hard deadline at...


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