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Currency news

GBP/USD holds at $1.36 ahead of Biden’s inauguration

A lack of notable data releases resulted in limited currency movement at the start of this week, particularly as investors brace for some key events l

GBP/USD retreats to $1.35 in gloomy trade

The US dollar roared higher on Friday in response to a souring market mood brought about by concerns over potential US tax hikes.

GBP/USD hovers below $1.37 on UK vaccine ...

The pound struck higher during yesterday’s trading session, with Sterling enjoying positive flows courtesy of the UK’s vaccination programme as vaccin

Monthly wrap: EUR – Signs of German ...

An unexpected improvement in December’s German IFO business sentiment surveys helped to shore up the euro in the final weeks of 2020.

GBP/EUR rally cut short by coronavirus ...

The pound initially rallied yesterday, before worrying UK coronavirus statistics curtailed the upside in GBP exchange rates.

GBP/USD retakes $1.36 as BoE resistant to ...

The pound rallied on Tuesday in response to comments from the Bank of England’s (BoE) governor Andrew Bailey.

GBP/USD slips to $1.34 as souring market mood ...

The US dollar rocketed against its peers on Monday as souring market sentiment buoyed demand for the safe-haven currency.

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