The euro performed well against the US dollar yesterday, although we are still some way off recovering last week’s near-1% loss.
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The pound has weakened this morning against the euro, while strengthening marginally against most other currencies. This drop might have been expected on news of the delay in pandemic-restriction releases yesterday.
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The currency markets appeared to shrug off the widely-anticipated news that the UK’s remaining Covid-19 restrictions will not be lifted on 21 June as hoped, but will be extended to 19 July at least. Although sterling ended the…
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The dollar is stronger against a basket of currencies this morning ahead of the Federal Reserve’s FOMC meeting later this week.
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The euro is mostly flat against the dollar this morning ahead of a busy week for data.
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The pound is still trading around the same levels against the euro and the dollar to start the week.
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The pound is mostly trading around the same levels against the euro and the dollar ahead of the government’s official announcement on the June 21 ‘Freedom Day’, which will take place later today. Although it is largely expected…
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The pound starts the week in fighting form, remaining more or less at the two-and-a-half-month high it reached on Friday. The pound-to-euro exchange rate has barely moved for a month now. Staying on a plateau like this is…
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