Not only is Germany heading towards a fresh election, France has now added itself to the list of political concerns. One major economy is bad enough but the euro may really struggle should its second major player face…
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A respite in the flow of economic data has allowed the pound to build a more stable foundation this week. Wednesday’s recovery against the US dollar complimented a positive week so far against the euro. As has been…
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Major European currencies came out on the front foot yesterday, as a big day for American data saw the US dollar retreat for the Thanksgiving holiday with a dent to its momentum. GBP/USD rose by almost a cent,…
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Sterling climbed against both the euro and the US dollar in early trading this morning. Despite some ups and downs, the pound continues to trend broadly towards the highs it set in the summer against the euro. For…
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FOMC minutes last night signalled more progress in the American economy's fight against inflation. "Almost all participants agreed that risks to achieving the Committee’s employment and inflation goals remained roughly in balance", the minutes read. With American markets…
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Germany’s GfK consumer climate survey has not climbed out of negative territory in three years. The country’s economic malaise has put a cap on any euro successes and despite an uptick recently, the euro will need Germany to…
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For GBP/USD, it’s been a case of the less said the better with the pair now below the level it started the year. It’s a different story for the pound against the euro. Despite volatility, GBP/EUR has trended…
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The pound regained some stability in yesterday’s session, which saw attention variously turn from Israel to the USA and then back to Israel again. More focus on the political comings and goings has given proceedings a volatile flavour…
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