France and US on precipice of major upheaval

Despite sterling’s turbulent week, GBP starts today edging ahead of both the dollar and euro. Its gains are minor, just 0.1% in both instances. However, considering last week saw the pound drop more than 1% against both currencies in a single day, it’s an unexpected...


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USD: Dollar on the rise

There were modest but clear rises for the US dollar against most major rivals yesterday, such as the Swiss franc and Australian dollar. This afternoon we’ll get Non-Farm Payrolls data, with more low numbers for new US jobs expected by the markets. USD/GBP past year 1...


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EUR: Stability for euro

The charts were generally green for the single currency yesterday, with the only losses, and those very small, against the pound and US dollar. This afternoon we’ll get final results for eurozone employment and GDP data. EUR/USD past year 1 Min 5 Min 1 Hr 1 Day 1 Wk 1...


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GBP: Positive movements for sterling

A quiet day on the markets saw sterling barely move against the euro and US dollar yesterday. The pound gained on some commodity-backed currencies, with a third of a cent gain on the Australian dollar and Norwegian krone, and it’s had a bit of a shot in the arm this...


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Positive housing and retail sales boost sterling

Positive housing and retail sales boost sterling

A busy day for economic data has started well for sterling with retail sales rising by 0.6% in July in the UK. The rise was due to sunny weather and spending surrounding the England women’s football team winning the European Championship, according to the Office for...


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