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The UK woke up to the news this morning at market open that the 15.5% rebound for the quarter means Britain is no longer in recession. That bei... Read More >
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Sterling continues to be boosted by the news the Pfizer has created a Covid vaccine which shows to be 90% effective on a sample base of 43,500 ... Read More >
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The major news that rocked both stock and foreign exchange markets yesterday was the revelation that Pfizer have developed a vaccine showing ne... Read More >
Good morning,
A key focus for this working week will be how the US dollar reacts to results of the US election. The dollar index has retraced back to levels ... Read More >
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GBPUSD is now trading at a weekly high of 1.3150, having sunk to 1.2850 in the build up the US election. With results still not clear, and no w... Read More >
Good morning,
The Bank of England gave life to sterling this morning, albeit with a fairly predictable update. Interest rates will remain at 0.1% and there w... Read More >
Good morning,
Overnight GBPUSD climbed to 1.3140 before plummeting to 1.2914, representing a 1.7% swing in price. The results of the election are not clear a... Read More >
Good morning,
The value of the US dollar has dramatically fallen today. There are noticeable losses in GBPUSD which now trading back at 1.30, having lost 1.1... Read More >
Good morning,
The pound has opened the new week on the back foot, following the announcement by UK Prime Minister, Boris Johnson, that England should move to... Read More >
Good morning,
German GDP year on year has beaten the Covid downgrading and recovered by -4.1%, versus the expected -5.2%.
German quarterly GDP has grown t... Read More >