GBP: Pound steady ahead of GDP data

The pound was marginally ahead of the euro at close of trading on Wednesday and 0.15% behind the dollar. While there have been large data releases in the US and EU this week, the pound has been untroubled. However, tomorrow brings GDP data that could see flat growth...


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Pound makes hay while it rains for the US and EU

Pound makes hay while it rains for the US and EU

It’s been a good week for the pound despite the UK government’s chaotic cabinet reshuffle over the weekend. Sterling gained more than 0.65% on the euro and a chunky 1.2% on the dollar, meaning your pounds will go that bit further overseas. However, these gains may be...


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USD: Significant job downgrade sees dollar firm up

The dollar gained 0.25% on the pound on Tuesday and 0.5% on the euro. This is despite new labour data suggesting the US opened 900,000 fewer jobs last year than previously thought. While bad for the job market, the data puts fresh pressure on the Federal Reserve to...


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