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Pound approaches post-referendum highs

The pound has gone marching up towards new highs against the euro in early trading this morning and could well, by the time you read this, be at its highest rate since the EU referendum. The first question then becomes, is a Conservative victory on Thursday priced...


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USD: Dollar weak ahead of non-farm payrolls

Trade war uncertainty, poor data and a strong pound weighed on the dollar yesterday. The greenback is still down against the euro this morning. Figures showed that the trade deficit narrowed to $47.2 billion in October of 2019 from a downwardly revised $51.1 billion...


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EUR: Eurozone growth remains positive but weak

Euro had a choppy day against the pound yesterday, weaker on the back of UK optimism over the election. Meanwhile, the EU is preparing for post-January trade talks, if Boris Johnson’s deal does pass, with a leaked document from the European Commission urging trade...


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Pound slightly weaker before TV debate

Sterling was strong against the euro yesterday, hitting a 2.5-year high earlier this week on the back of predictions of a Conservative majority in the upcoming election. However, it is slightly weaker against the euro and dollar this morning. Boris Johnson and Jeremy...


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