The pound has seen a strong recovery over the last two days, primarily fuelled by dovish comments from the European Central Bank. Speaking yesterday, the ECB said it will not tighten monetary policy until inflation reaches its target…
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The dollar is largely unchanged this morning after weakening slightly yesterday due to an improvement in the global markets, which has reduced demand for the safe haven currency.
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The euro has strengthened slightly against the dollar this morning ahead of the European Central Bank’s interest decision.
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The pound recovered throughout the course of yesterday against the euro and the dollar, due to an improvement in the global markets.
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The pound is slightly stronger against the euro and the dollar this morning after the global markets recovered from their slump throughout the course of yesterday. Brexit tensions could be on the rise after the UK’s chief negotiator…
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The pound hits midweek around 1.25% weaker against the euro and nearly 2% weaker against the US dollar compared to this time last week. Against the euro it has slipped back to where it was in early May,…
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The dollar is still benefitting from its status as a ‘safe-haven’ currency due to global concerns about the Delta variant.
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Uncertainty ahead of the European Central Bank’s press conference tomorrow is weighing on the euro.
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