Strong British employment data boosts pound

Strong employment figures gave the pound a lift yesterday, as in-work figures rose by 208,000 in the three months to November. The eurozone also had some good data releases, and economic sentiment came in much better than expected. This was, however, countered by...


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Pound perks up

The pound rose yesterday on the news that wages are rising faster than inflation, and that unemployment has fallen. The more important data, however, will be the PMI releases on Friday. PMI, the purchasing managers’ index, is widely seen as a good indication of...


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USD: Impeachment trial to begin today

The dollar remained mostly flat after a relatively quiet day yesterday, showing strength against both the pound and the euro. Donald Trump’s legal team has now issued its first formal response to the impeachment charges. The document issued said that the impeachment...


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GBP: Sterling awaits wage and unemployment data

Sterling was in a weaker position yesterday as comments from Chancellor Sajid Javid fuelled fears about weak ties between the UK and the EU. In an interview with the Financial Times over the weekend, Javid said that there would be no alignment with EU regulations once...


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