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EUR: Strong day for euro

The euro benefitted from the reopening of America’s Federal government, with a 0.4% gain on USD yesterday. We are about to get final results for inflation, as well as a second estimate for GDP in the eurozone – has it done any better than Britain? EUR/USD past year 1...


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GBP: No respite for sterling

The bad news continues to pile on for sterling, with GBP/EUR down to another fresh low since spring 2023. There was at least a recovery against some other currencies, notably the US and Australian dollars. The data ramps up again next week with inflation on Wednesday....


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USD: Data glut ahead

Thanks to the government shutdown, there is a significant glut of postponed economic data to be released in the coming weeks. We don’t know yet exactly when that will come, but expect some sudden movements once key labour data hits screens. EUR/USD: the past year 1...


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