GBP: Pound strengthens ahead of the long weekend

Sterling either strengthened or was stable against most major currencies this week, in a quiet week for UK data but plenty of business news. This morning it has strengthened sharply against the Australian and Canadian dollars, while powering to a seven-day high...


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Exchange rates poised as markets assess mixed data

Sterling climbed to its strongest point against the euro for a week over the course of yesterday, and returned close to its best position for a year against the US dollar. It will have been an interesting morning for central bankers so far, as early indications are...


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USD: DXY weakened amid renewed banking fears

The dollar index (DXY) weakened this morning amid recession fears and renewed concerns over the US banking sector. The return of banking and recession fears means many dollar-watchers will be keeping a close eye on today’s key data for a bigger insight into the...


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GBP: Up next, Nationwide housing prices

The remainder of this week is fairly quiet for UK data releases however, markets will see the latest Nationwide house prices tomorrow morning. The yearly figures are expected to fall by 3.5%, while the monthly numbers are forecast to rise by...


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