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Stakes high for sterling in hectic week

The pound was stable to end last week but sterling will have to run the gauntlet of UK economic releases this time around. GBP/EUR continues to trend towards its highest level in over a year. Aside from some day-to-day fluctuations, sterling moved only modestly...


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USD: While we’re talking about memories…

Joe Biden came in for criticism from the Department of Justice last week for his alleged diminished memory. Whether that’s true of not, the President and his aides will hope the American electorate will recall the performance of the economy at the ballot box. This...


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EUR: Over to EU

German inflation fell to 3.1% year-on-year in January, after a brief resurgence in December. It will be the eurozone as a whole in the spotlight this week with the release of Q4 GDP statistics and another chance to read the temperature of the German economy with the...


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GBP: Inflated expectations

The pound trended slightly upwards against the euro while remaining little changed against the US dollar last week. UK inflation figures due on Wednesday could burst the balloon of anyone hoping the Bank of England will lower interest rates. Most outlets in the know...


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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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