USD: Dollar strengthens as COVID-19 cases rise

The dollar is strong this morning, benefitting from its safe-haven status due to worries over a global rise of COVID-19 cases and the threat this could pose to economic recovery. There has been a rise in cases in Southeast Asia, the US and in Europe, with cases in the...


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EUR: ECB press conference this week

The euro is weaker against the dollar this morning ahead of the European Central Bank’s latest decision on monetary policy, which will be announced on Thursday. The European Central Bank is expected to leave monetary policy unchanged this week. Any ‘dovish’ comments...


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GBP: Pound weakens on ‘Freedom Day’

The pound has weakened slightly against the euro and the dollar this morning, as the UK lifts most COVID-19 restrictions on ‘Freedom Day’. The government’s chief medical officer, Professor Chris Whitty, warned on Friday that the UK is “not out of the woods” and that...


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COVID-19 worries weigh on markets

The pound has weakened slightly against the euro and has hit a three-month low against the dollar this morning due to worries over rising COVID-19 cases. This comes on ‘Freedom Day’, with most restrictions lifted in England from today. Nightclubs can now reopen, there...


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