GBP: Packed schedule

New data from the jobs market and the economy at large fill up a packed schedule for the pound this week. That gives the pound more chance of generating some upside momentum this time out, but as usual, it also means things could quickly go pear shaped should the...


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Sterling hits two-month low versus dollar

The pound tumbled by two cents against the US dollar last week, hitting its lowest ebb since early August on Friday. Sterling had been enjoying a positive week against the euro but saw earlier gains knocked back. Friday was a day of mixed sentiment across financial...


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USD: Dollar on the up

The US dollar gained between 0.25% and 1% against major rivals yesterday, with the best results against a depressed Norwegian krone and the British pound. We’ve got the Michigan Consumer Sentiment index coming out this...


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EUR: Mixed day for euro

The single currency lost some 0.6% against a resurgent US dollar, and not much less than that against the rupee and renminbi. The main event at the start of next week is the ZEW Economic Sentiment Index on Tuesday.


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GBP: Sterling sinks

It was a sea of red for sterling yesterday as it lost as much as 0.75% (against the US dollar) against major rivals. Next week takes us into the big data releases, beginning with employment and earnings on Tuesday.


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