Sterling stalemate continues

The pound failed to make up much headway on the euro for the second consecutive week last time out. In fact, sterling has been static for quite some time, ranging by little over a cent against the euro since the start of summer. Its inability to get out of second gear...


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USD: Sentiment stalemate

American consumers aren’t budging much in terms of the economic outlook. The University of Michigan’s consumer sentiment index ticked down one-tenth of a point to 55 in October. With little changing on the economic front, the US dollar is being heavily influenced by...


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EUR: Deadline day

Today is the last day that a new budget can be submitted to the French parliament. Given it has (either directly or indirectly) led to the defenestration of the last two prime ministers, we can expect the euro’s relative value to be a little bouncy today. GBP/EUR: the...


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GBP: Packed schedule

New data from the jobs market and the economy at large fill up a packed schedule for the pound this week. That gives the pound more chance of generating some upside momentum this time out, but as usual, it also means things could quickly go pear shaped should the...


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