Weekly Roundup: Pound undermined by Brexit jitters
The pound stumbled out of the gates last week, undermined by fresh Brexit uncertainty.
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The pound stumbled out of the gates last week, undermined by fresh Brexit uncertainty.
The US dollar was catapulted higher on Friday, with investors flocking to the safe-haven currency amid a prevailing risk-off mood.
The euro trended lower on Thursday, undermined by fresh fears over Europe’s energy supplies.
The pound trended broadly lower through June, the currency being primarily undermined by concerns over the UK’s economic trajectory.
The euro traded in a wide range over the last month as geopolitical tensions between Russia and the EU remain fraught, while the European Central Bank
The Australian Dollar (AUD) was buoyed at the beginning of June as Australia’s trade balance printed above expectations at A$10.495bn.
The US dollar rallied on Thursday on the back of comments from Federal Reserve Chair Jerome Powell.
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