GBP: Pound gains as unemployment falls

The end of the furlough system has not, so far, led to a rise in unemployment, with 247,000 new jobs being found in September and unemployment falling to 4.3%, close to pre-pandemic levels. While all the data has not shaken out yet and post-furlough redundancies could...


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USD: Retail sales figures tomorrow

The dollar is slightly weaker against a basket of currencies this morning after strengthening last week due to higher-than-expected inflation. A virtual summit will take place this evening between President Biden and Chinese leader Xi Jinping amid rising tensions...


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EUR: A packed week for data and ECB speeches

The euro is weaker against the dollar this morning ahead of a week packed full of economic data releases and speeches from European Central Bank officials. President of the ECB, Christine Lagarde, is due to speak later today, followed by a speech from official Luis de...


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GBP: BoE Bailey to speak this afternoon

The pound is stronger against the euro this morning and is trading around the same levels against the dollar. This comes ahead of a busy week for economic data releases in the UK, as well as speeches from Bank of England officials. This afternoon, Governor of the Bank...


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