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EUR: The race is on

Like an ill-prepared university student, the eurozone finds itself scrambling to get a major piece of work over the line before a looming deadline. But is the deadline tomorrow or in fact several weeks from now? The fact it is genuinely unclear meant the euro weakened...


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GBP: A positive platform

Sterling made a solid start to the week after several days of unease last time out. Even so, the pound dipped substantially against its rivals last week, and the prospect of a key GDP release to round out the week means few are expecting a quiet week. GBP/USD: the...


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Tariff confusion leads to risk-off Monday

Currency markets made a sluggish, risk-off start to the new week as questions swirled around the US tariff negotiating deadline. After previously suggesting Wednesday (9 July) was a firm deadline, treasury secretary Scott Bessant gave the strongest indication yet that...


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Pound down across the board after dramatic week

The pound weakened by over a cent against the euro over the course of last week, with events coming to a head on a remarkable Wednesday. In a nutshell, sterling’s troubles worsened after the prime minister was forced to give in to his own MPs, who demanded planned...


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EUR: A month for the ages

June was a hugely successful time for the euro, which surged by almost five cents against its key rivals the pound and the US dollar. July immediately begins with the risk of trade, but the euro can take heart from its strong performance in the face of adversity....


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