USD: Strong jobs report boosts dollar

The dollar is stronger against the euro this morning after a strong Non-Farm Payrolls report on Friday afternoon. The report showed that the US economy added 943,000 jobs in July, the most in eleven months and above market expectations of 870,000.  This is due to the...


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EUR: Euro weaker ahead of sentiment figures

The euro is weaker against the pound and the dollar this morning due to strength from sterling and the greenback. Germany’s balance of trade figures was released earlier today, showing that the trade surplus widened to €16.3 billion in June 2021, from €15.4 billion in...


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GBP: Pound strong ahead of GDP data

The pound is near an 18-month high against the euro this morning and is strong against the dollar, following the Bank of England’s latest monetary policy meeting last week. The Bank said it was likely to raise interest rates in 2022, two years ahead of current...


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Pound reaches 18-month high against euro

The pound is strong against the euro this morning as it continued to strengthen following the Bank of England’s monetary policy meeting last week, when officials said that they are likely to hike interest rates ahead of schedule. Scotland has loosened most of its...


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Pound sees exciting gains

The pound starts the week in an exciting position, trading around an 18-month high against the euro. After strong gains at the end of last week, sterling briefly breached the 1.1800 mark this morning and has strengthened against the dollar. So what’s driving...


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