Who will you let decide your currency policy?

In a quiet period for data – until Friday anyway – it’s one of those weeks where sterling is marking time and waiting for things to happen in other countries and economies. For Europe that is more news both on the situation in Ukraine, on which Presidents Macron and...


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USD: Dollar climbs

The dollar has been stable in recent days, barely moving against GBP but strengthening gently against EUR. A quiet day on the data front yesterday continues today and tomorrow, although there is Balance of Trade today. On Thursday there is inflation, which last month...


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EUR: Euro drifts

The euro has weakened across the board at the start of the week, by between 0.1 and 0.5%, as the excitement of last week’s comments by ECB President Christine Lagarde fades. It remains however, well above where it was last week, at around 1 to 2% up on most of its...


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GBP: Pound stabilises

The pound’s falls appear to have stabilised and a modest recovery is underway, rising by around 0.1-0.2% yesterday against the euro, Swiss franc and Australian and Canadian dollar. There are two reports on consumer spending in the UK today. Figures released by...


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