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USD: Dollar shrugs off fresh tariffs

The dollar is looking strong against the pound and the euro this morning, offering little reaction to a fresh wave of tariffs on Chinese goods over the weekend. China has retaliated with tariffs on $75 billion of US goods. Despite this, President Trump has said “we...


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EUR: European manufacturing shows small increase

The euro is on a slight uptick against the pound this morning, following manufacturing PMI releases from Spain, France, Germany and the Eurozone, all of which came in within expectations and showing a rise month-on-month. Later today, we will see a number of speeches...


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GBP: Volatility likely due to eventful week

The pound is weak against the euro and the dollar this morning ahead of a busy week in Parliament. As they return from their summer recess tomorrow, opposition MPs will be looking to bring forward legislation to stop a no-deal Brexit. Details of this will be revealed...


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Pound down ahead of Parliament’s return

It’s set to be a busy week, with Parliament resuming tomorrow – and just a few days for any anti-no-deal efforts to be passed through both Houses. Meanwhile, the government is warning that any Conservative MPs who vote to block no-deal will be deselected. It’s the...


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USD: Dollar awaits retail sales data

The dollar is strong against the euro and choppy against the pound this morning ahead of retail sales data for the US. A GDP update released yesterday showed that consumers are keeping the economy going, so the data today will carry some significance. GDP data came in...


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