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USD: Risk-off tone helps dollar

Monday began on a more cautious note than last time out, as is typically the case before a bid Federal Reserve decision. Slowness out the gate was a welcome help for the US dollar and allowed it to record marginal daily advances over both the pound and the euro....


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EUR: German exports ramp up

Germany’s trade surplus widened to €16.9 billion in October. That was caused by a surprise fall in imports coinciding with a surprise uptick in exports. October’s report marked the largest trade surplus since May. GBP/EUR: the past year 1 Min 5 Min 1 Hr 1 Day 1...


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GBP: Getting in early

The pound was pressured by some early risk management trades on Monday. With more than a week to go until the Bank’s last policy meeting of 2025, some traders are positioning themselves for a quarter-point cut that might see sterling end the year on the back foot....


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Leaders gather in bid to prevent Ukraine surrender

Currency markets were in thrall to politics again on Monday, as a low-key start on the economic data front meant the focus fell squarely on Ukraine. Kyiv’s future looks increasingly uncertain amid pressure from the United States to reach a peace deal with Russia,...


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Will sterling’s fightback make it to Christmas?

The pound had a strong week last time out, riding a wave of post-Budget relief to hit a five-week high against the euro. All told, the pound to euro rate improved by about half a cent – the equivalent to a couple thousand pounds on a €250,000 purchase. There’s only...


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