Multiple threats to sterling’s strength this week

It feels like Groundhog Day again for the pound against the euro, as it continues to cling to its position close to an 18-month high, without quite beating it. To lock in this rate for the year ahead, call your account manager on 020 8108 5163. Last week was light on...


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USD: Dollar stalls as Biden-Trump in spotlight

Continuing the theme of the week, there was little movement for the world’s biggest currency yesterday, with minor losses almost all round. Next week we’ll hear inflation data, and no doubt the continued arguments over the main presidential candidates’ fitness...


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EUR: Euro maintains holding pattern

There has been little movement for the single currency since the start of February, at least against USD and EUR. The big event of the next week is the ZEW Economic Sentiment Index for the eurozone as a whole and Germany. The most recent reading was the most positive...


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GBP: Pound looks to inflation data midweek

A relatively quiet day for sterling yesterday, with the only serious movement a drop of 0.5% to the New Zealand dollar. However, this is the calm ahead of a big round of data releases next week, starting with unemployment on Tuesday and continuing with inflation on...


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Markets calm as big data week approaches

Sterling continued its balancing act against the euro yesterday, extending its highest, longest run, close to an 18-month high where it has been since the end of January. Against the US dollar it also remains well above the average of the past two years, albeit...


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