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Currency news

GBP/EUR touches three-week high on finalising trade ...

The pound skyrocketed on Monday, striking a new three-week high against the euro on the back of hopes of a UK-EU trade deal being struck this week.

Pound tumbles despite strong inflation print

The pound retreated from a multi-month high on Wednesday after the UK’s latest inflation figures failed to inspire confidence in the UK economy.

Weekly Roundup: Global recession fears drag ...

Support for the Australian and New Zealand dollars proved limited last week as market focus remained squarely on the fallout of the Covid-19 outbreak.

Weekly Roundup: Rising unemployment drags on ...

A sharper-than-expected uptick in the Australian unemployment rate weighed heavily on AUD exchange rates, even though some of the increase was thanks

Weekly Roundup: Unexpectedly upbeat ECB ...

The relatively upbeat nature of the ECB’s latest set of meeting minutes encouraged the euro to trend higher across the board, in spite of the growing

Weekly Roundup: Softening Chinese economy ...

With forecasts pointing towards a slowdown in Chinese economic activity thanks to the spread of the Wuhan coronavirus markets saw little reason to fav

Weekly Roundup: US dollar benefits from solid ...

Friday’s better-than-expected non-farm payrolls report helped to shore up the US dollar in spite of a higher unemployment rate.

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