EUR: Bond prices put pressure on French government

Although it didn’t fall as far as the pound, the euro was still down 0.6% on the dollar by the end of Tuesday’s trading. The increase in bond prices in the EU will put immense pressure on the French government’s confidence vote next week. EUR/USD past year 1 Min 5 Min...


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GBP: Pound drops as debt cost rises

The pound plunged in value against the dollar and euro on Tuesday, losing more than 1% on the former and 0.6% on the latter. The cost of servicing UK long-term debt hit its highest level since 1998, suggesting Rachel Reeves will have to raise taxes and cut spending in...


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Bond market rout sees pound plummet

In a dramatic day for the pound, a rise in bond prices saw confidence in sterling evaporate. GBP ended Tuesday down more than 1.1% on the dollar and nearly 0.6% on the euro. However, over the channel, a similarly stressed bonds market saw EUR fall more than 0.5% on...


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