USD: Dollar awaits further trade developments

The dollar was weak against the pound and the euro at the end of last week. Despite this, retail sales rose 0.3% from a month earlier in October 2019, reversing a 0.3% drop in September and beating market expectations of 0.2%. This was driven by motor vehicle sales...


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EUR: UK election optimism keeps euro below pound

Election optimism in the UK is continuing to put pressure on the euro, which remains down against the pound. Inflation in the eurozone continued to shrink for the fifth month running, according to figures released this morning. Meanwhile, the Eurozone’s trade surplus...


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Pound starts week strongly

The pound has a spring in its step this Monday morning, merrily bounding up to a six-month high of over €1.17 and very nearly half a cent against the USD. This boost follows a slow but steady rise over the past week. The issues of the 2019 general election, now only...


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