USD: Dollar strengthens across the board

The dollar had a positive day yesterday, despite the lack of any data releases. It strengthened against all of its major rivals, including by around a third of a cent against the pound and euro, and by over 1% against the Australian dollar. Several members of the...


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EUR: Dearth of data leaves euro in reactive mode

It was a mixed day for the single currency, weakening against the pound very slightly, and against the US dollar by rather more. However, against the Australian dollar and renminbi there was a positive movement. It’s another quiet day on the wires today, indeed it’s a...


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Sterling slips as Bank of England steps in

Sterling oscillated wildly against the euro and US dollar yesterday in an interesting day for the British economy; one which ended the day with sterling left largely unchanged against the euro but around a third of a cent down on the dollar. This morning sterling has...


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What are sterling’s long-term prospects?

Sterling has started the week already on the back foot, dropping around 0.75% against the US dollar and the euro, as the markets get used to a weekend of opinion polls and squabbling in government. However, as we discovered two weeks ago, the smaller trades in the...


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