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USD: Positivity for US dollar

There were sharp gains for the dollar against the euro and yen yesterday, alongside losses against the pound. Some interesting readings are coming up this afternoon to round off the week, including home sales, which have been running high in recent months, plus the...


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EUR: Euro slips slightly as ECB holds

Surprising no-one, the European Central Bank kept its interest rate on hold yesterday, but the single currency weakened anyway. We have more economic data coming out today, after a disappointing consumer confidence reading for Germany, but then it’s all quiet until...


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GBP: Pound remains positive

It was a sea of green on the computer screens for sterling yesterday after the interest rate decision, but this morning’s Retail Sales data again shines a light on a fading economy. There is a little more data coming down the track ahead of Christmas, with a final GDP...


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USD: Dollar rally subsides

The US dollar recovered yesterday morning from the slump that followed Tuesday’s bumper jobs data. But that was only half the story. In the afternoon, the US dollar saw its daily gains wiped out amid sustained selling pressure, finishing proceedings without making...


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