GBP/USD briefly passes $1.37 on UK economic optimism
The pound made fleeting gains on Thursday, driven by hopes for a solid economic rebound in the UK this year.
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The pound made fleeting gains on Thursday, driven by hopes for a solid economic rebound in the UK this year.
A clear risk-on mood prevailed on Wednesday as markets welcomed Joe Biden’s first moves as president.
A risk-on mood, amid hopes for more US stimulus in the wake of comments from incoming Treasury Secretary Janet Yellen, saw the US dollar tumble on Tue
A -2.6% monthly GDP contraction weighed heavily on the pound as worries over the UK’s economic outlook picked up again.
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
The US dollar roared higher on Friday in response to a souring market mood brought about by concerns over potential US tax hikes.
The pound struck higher during yesterday’s trading session, with Sterling enjoying positive flows courtesy of the UK’s vaccination programme as vaccin
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