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GBP: Pound weak ahead of GDP figures

After a brief uplift at the end of last week, the pound is in a weak position this morning as the Conservative leadership race gets officially underway. Any last-minute hopefuls have until 5pm this evening to enter the contest. Fresh controversy at the weekend has...


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UK GDP expected to show contraction

The pound is under pressure amid expectations of poor GDP releases, although it has started to show a small uptick, possibly as the forecasts are priced in. Euro is weaker against the pound this morning on what is a quiet week for the eurozone. Few economic releases...


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What buyers want (and need!)

The Smart Currency Exchange team had an inspiring and educational weekend in Chester for the latest Your Overseas Home show. (There are two more shows this year so do apply for tickets here). Inspiring to hear what our clients wish to get out of life abroad....


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EUR: Euro weak due to poor economic data

The euro is in a weak position this morning as it reacts to poor economic data. Revised volume of retail data for April decreased marginally by 0.4% in the euro area and 0.3% in the EU28, compared to March 2019. A flurry of weaker economic data from Germany this...


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