GBP: GDP figures released this morning

The pound is slightly stronger against the euro and the dollar this morning after falling at the beginning of this week due to Omicron fears. Sterling may have benefitted from the Prime Minister ruling out any restrictions before Christmas, as well as cutting the...


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Sunak’s business support sends pound higher

After falling earlier in the week, the pound is stronger this morning against both the euro and the dollar. Sterling’s new-found strength comes from Chancellor Rishi Sunak announcing yesterday that struggling businesses in the hospitality sector can now take advantage...


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USD: Dollar steady as Omicron spreads in USA

While the dollar has strengthened across the week, it has slipped in the past day or two as Omicron spreads in the country and the first death has been recorded. While negative for business – and the public, of course – rising Covid cases can support the dollar as a...


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EUR: Euro strengthens on lead into Christmas

The euro strengthened slightly against most currencies yesterday and remains slightly ahead of GBP and USD on the week. This morning the report from GfK on Consumer Confidence for Germany showed a significant slip to -6.8, against an expectation of -2.7 and way down...


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