Euro spikes on ECB rate hike bets
The euro shot higher on Thursday, rising in the wake of the European Central Bank’s (ECB) latest interest rate decision.
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The euro shot higher on Thursday, rising in the wake of the European Central Bank’s (ECB) latest interest rate decision.
The pound traded with modest gains on Wednesday, in anticipation of an expected rate hike from the Bank of England (BoE) later today.
The US dollar retreated on Tuesday, with the currency tracking US Treasury yields lower.
The pound wavered on Monday, following the preliminary release of the long-awaited Sue Gray report into Downing street lockdown breaches.
The pound initially got off to a poor start last week, with the publication of a weaker-than-expected services PMI placing some pressure on Sterling.
The US dollar slipped on Friday, undermined by a bout of profit taking and a concerning drop in US personal spending.
The US dollar maintained a positive trajectory yesterday, with the currency continuing to draw support from the Federal Reserve’s hawkish guidance on
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