USD: Dollar stronger ahead of data releases

The dollar is strengthening against a basket of currencies this morning, including the euro. There is a series of data releases for the US today, including pending home sales, which are expected to show that sales increased by 0.5% month-on-month in November....


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EUR: Euro weaker despite Omicron news

The euro is weaker against both the pound and the dollar this morning, mainly due to sterling and greenback strength. The single currency had recently benefitted from a softening of European gas prices, as well as news that the Omicron variant may not be as severe as...


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GBP: Pound reactive to pandemic rhetoric

The pound is fairly strong this morning against both the euro and the dollar, benefitting from the Prime Minister’s announcement that there will be no new Covid restrictions in England before the new year. Sterling is also building on gains made after the Bank of...


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Pound strong due to positive market sentiment

The pound is trading near a 2021 high against the euro and is strong against the dollar this morning, mainly due to upbeat market sentiment. The FTSE 100 has hit a pandemic high this morning on hopes that the Omicron variant may not be as severe as initially feared,...


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Rate Alert: pound at close to 2021 high against euro

It’s good to end the year on such a high note for those buying euros that my last email of the year is a rate alert. But today’s big news really is the strong rate for GBP, close to its highest for the year against EUR. Call this number today to lock that rate in for...


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