GBP: UK inflation figures due this week

The pound is slightly weaker against the euro and the dollar this morning, mainly due to strength from the single currency and the greenback. A series of economic data was released for the UK this morning. GDP figures showed that the UK economy slowed more than...


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Pound weaker as UK economic growth slows

The pound is weaker against the euro and the dollar this morning. GDP figures were released for the UK, showing that economic growth was slower-than-expected in February, mainly driven by a drop of activity in the manufacturing sector. The markets will look ahead to...


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Eurozone activity spells uncertainty for sterling

Sterling starts the week trading slightly lower against the euro than on Friday but still remains up on this time last week. This bout of euro strength has largely been driven by the French presidential elections, which saw current president Emmanuel Macron secure a...


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USD: US workforce stays strong despite inflation

The dollar is stronger this morning as markets continue to react to hawkish comments from the Federal Reserve and better-than-expected jobs data. Initial jobless claims fell to their lowest level since 1968 last week, to 166,000, suggesting that the US workforce has...


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