EUR: Holding firm

The pound to euro exchange rate begins Friday more or less where it ended last week. There have been a few small peaks and troughs along the way, but for now, neither has been able to break the stalemate. GBP/EUR: the past year 1 Min 5 Min 1 Hr 1 Day 1 Wk 1 MthFrom To...


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GBP: Delaying the inevitable

Today’s decision provided the pound with some welcome relief from negative pressure. However, there was a sense that it was merely delaying the inevitable. Signs of cooling inflation and clear weaknesses in the growth outlook mean a quarter-point cut will be very much...


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USD: A boost from services

Wednesday’s services data put the kibosh on some of the more extreme warnings about the impact of the shutdown. The services sector’s expansion was a good sign after some less positive manufacturing data from earlier this week. EUR/USD: the past year 1 Min 5 Min 1 Hr...


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EUR: Multi-month highs, multi-month lows

The euro is in a curious position at the moment, trading very strongly against the pound but coming under new pressure from a resurgent US dollar. As the graph below shows, you’d have to go back several years to find a better euro to pound rate. GBP/EUR: the...


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