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USD: Knee-jerk market following ISM results

The USD Index pulled back from its highest level in almost three weeks following the release of the ISM manufacturing PMI, which improved from 46.7 in November 2023 to 47.4 in December. For more on currencies and currency risk management strategies, please get in...


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US dollar strides into 2024

Just a few days into the New Year seems to have turned things around for the US dollar, which gained almost a cent against the pound and euro in Tuesday’s session, reversing last week’s losses and adding 1% against the euro and 0.65% against the pound,...


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GBP: 17 consecutive months of contraction

Sterling fell by three quarters of a per cent against the US dollar yesterday while treading water against the euro. The UK economy reached another unwanted milestone yesterday, marking 17 months in a row the S&P Manufacturing PMI has sat in negative territory....


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