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Sterling heads to Christmas on high

Sterling heads to Christmas on high

There has been a slow but steady upward trend for sterling against the euro over the past week, albeit with some sharp movements along the way. GBP/EUR is at a two-week high and 0.65% up on the start of the month. Given that currency markets react to world events we...


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USD: Dollar licks its wounds

A quiet week for the US dollar may have been some comfort after a month of losses that added up to 2-3% against most major pairs including sterling. We’ve got Durable Goods Orders and a second reading or quarterly GDP coming out...


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EUR: Will euro perk up after downbeat week?

Last week was fairly negative for the euro, with losses of around half a percent against the pound and other European currencies. It’s all gone very quiet for data releases, apart from some tidying up with final GDP and inflation numbers. These can surprise the...


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GBP: Sterling approaches Christmas on high

There has been a slow but steady upward trend for sterling against the euro and US dollar over the past week, albeit with some sharp movements along the way. The last of the important data releases of 2025 has now been and gone for a week or two, but we will hear...


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Business investment on the rise

After a run of dismal numbers throughout December that made it look like the Bank of England would step in with some serious stimulus, the reluctance of almost half of its interest rate setters to cut rates even now gave a boost to the pound last week. Even so, the...


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