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EUR: Caught in the crossfire

The euro is in the unfortunate position of being sensitive to trade tariffs but vulnerable to de-escalation from the US. To end last week, analysts noted that its recent strength was threatened by a US-dollar rebound as well as crumbling consumer indicators. GBP/EUR:...


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GBP: A brief glimpse of March

GBP/EUR ended last week close to its strongest since March, back in those heady days before the tariff announcement. The euro would scrub off those advances but there is least a welcome foundation of stability to build on today. GBP/USD: the past year               1...


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Euro’s gains at risk in busy economic week

The euro faces a packed schedule of economic data points this week, putting its startling gains this month — 2% against the pound and 5% against the US dollar – at risk of a correction. A rare gap in major news gives the pound a chance to take stock. However, ongoing...


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USD: Losses slow for dollar

There were relatively minor losses for USD yesterday against most currencies, but overall it’s a better week against the euro, albeit something of a dead cat bounce taking the month’s losses to just below 5%. Coming up today, a final result for Michigan Consumer...


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EUR: A patchy week for euro

Gains for the euro on USD, yen and Swiss franc yesterday suggest an increasing appetite for risk among investors. It’s a quiet end to the week for eurozone data, but next week sees plenty of interesting business and consumer confidence...


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