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Rate cut clamour drags down sterling

Pancake day landed in a bit of a splat for the pound, with economic data strengthening the case for another interest rate cut sooner rather than later. The traditional precursor to Lent saw the pound cut back early, weakening by almost a full cent to a one-month low...


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USD: ‘Warsh trade’ wobble

It was a positive start to the shortened week for the US dollar. Regardless, there are significant concerns about both the dollar’s long-term viability and the independence of the Fed. According to Bank of America, an increasing number of investors expect the currency...


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EUR: Consumer data drag

Despite strengthening against the pound, the euro had a tougher time against the US dollar after the German ZEW economic sentiment survey came in below expectations. That was an interesting data point to pair with the forecasted 5% dip in the German population by 2050...


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GBP: Bruising start to Lent

The traditional time of cutting back started early for sterling. The pound weakened by close to a cent against both the US dollar and the euro on Tuesday, as increasingly confident predictions of a March rate cut confirmed its downward trajectory. GBP/USD: the past...


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USD: Back with a bang

American markets won’t have long to get acclimatised after their long weekend. The US dollar could be vulnerable to the projected drop in durable goods orders, but the real threat comes at the end of the week in the shape of growth data and the minutes from the...


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