After thrashing away wildly against the euro in early trading this week, only in the past few hours has sterling shown any real progress, strengthening by around 0.1% but still off its pre-invasion level.
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While the war in Ukraine continues to dominate the headlines, its effect on most currencies has been relatively muted thus far, aside from the rouble. Sterling has recovered close to its pre-invasion level against the euro but remains…
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The dollar is strong against the euro, pound and a basket of currencies this morning, as it benefits from its status as a ‘safe-haven’ currency.
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The euro is weaker against the dollar and the pound this morning as tensions escalate in the Ukraine conflict.
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The pound is strong this morning against the euro after strengthening on Friday. This week, the GBP/EUR currency pairing is likely to continue to respond to news surrounding the Ukraine conflict.
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The pound is strong against the euro and weaker against the dollar this morning as the Ukraine conflict continues to impact the currency markets. Over the weekend, Putin announced that Russia’s nuclear forces are on high alert and…
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The pound has recovered sharply this morning against the euro, gaining back the losses it made late on Friday and, indeed, returning close, but not quite, to where it was before the invasion of Ukraine. The picture against…
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After reaching a new 2022 low against the dollar yesterday, sterling has seen some recovery against both the greenback and the euro this morning. Growing hopes of a cease-fire deal through NATO have supported sterling this morning.
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