Monthly wrap: GBP – Pound fluctuates as England ...
The pound has traded in a wide range over the past four weeks as Brexit and rising coronavirus cases dominated headlines.
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The pound has traded in a wide range over the past four weeks as Brexit and rising coronavirus cases dominated headlines.
The US dollar pressed higher on Wednesday, rising on the back of fresh coronavirus uncertainty.
The US dollar plummeted at the end of last week’s session as the USD sell-off continue to build steam.
The US dollar collapsed on Thursday in response to a shockingly large rise in US jobless claims last week.
The pound bounced back on Thursday, clawing back some of its recent losses as the Bank of England took action to calm markets.
The US dollar skyrocketed on Tuesday as concerns over liquidity further bolstered demand for the safe-haven currency.
A general sense of risk-aversion kept the US dollar on a generally stronger footing against its rivals, even as the Federal Reserve turned dovish.
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