GBP: Business leaders lose confidence in UK

The pound remained largely level with the euro on Tuesday, ending less than 0.05% down on its rival, but it gained 0.15% on the dollar. Despite a Labour conference laying out the party’s plans for government and growth, surveyed business leaders revealed declining...


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USD: More shutdown upheaval

America’s political system is at its most dysfunctional when Republicans and Democrats are forced to work together. Amid the grandstanding, the simple fact is another shutdown would have significant consequences for the economy and the US dollar. EUR/USD: the past...


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EUR: Inflation gauntlet

The euro will be influenced by a number of inflation reads over the next two days. The European Central Bank is currently in a curious position, and with markets struggling to get a read on its thinking, this data should provide a better clue as to where it goes next...


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GBP: The perils of policy

The pound moved up, down and back up again yesterday as the Labour conference kicked off. Reeves was at pains to emphasise her fiscal restraint, which certainly helped cool some heads in the bond market. It also demonstrated that sterling’s near-term future will be...


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