The dollar is weaker ahead of Joe Biden’s inauguration today. Comments yesterday from Janet Yellen, Joe Biden's nominee for Treasury Secretary, have weakened the greenback.
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Data released for Germany and the Eurozone yesterday suggests that the economic sentiment in Europe has improved.
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The pound is slightly stronger against the euro and the dollar this morning, trading above significant levels against both.
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The pound is strong against the euro and the dollar this morning, ahead of another speech by Bank of England governor, Andrew Bailey later today. His speech last week, which dismissed negative interest rates, boosted the pound. Any…
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Sterling continues to be resilient against major currencies, maintaining its strength against the euro yesterday and boosted early this morning with positive data (in the currency market’s view anyway) on inflation. UK prices rose ahead of expectations to…
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Across the week, the dollar benefitted from “safe haven status” against the euro and sterling. However, that came to a halt overnight and the dollar starts the day nearly half a cent down against both the euro and…
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The single currency struggled against sterling yesterday, as its own vaccine rollout lags behind both the UK and US.
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Sterling reacted to “blue Monday”, supposedly the most miserable day of the year, by slumping in early trading against both EUR and USD, before recovering its losses by the end of the day.
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