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Currency news

Pound undermined by restriction uncertainty

The pound got off to a poor start this week as uncertainty over the UK’s Covid situation and the possibility of stricter restrictions weighed on the c

Weekly roundup: US dollar rebounds from Fed ...

The US dollar traded in a wide range last week as markets reacted to the Federal Reserve’s latest interest rate decision, at the same time as fears ov

GBP/USD relinquishes post-BoE gains amid ...

The pound ticked lower on Friday as gloomy Covid headlines from the UK unnerved GBP investors.

Pound jumps as BoE surprises with first rate ...

The pound enjoyed strong support on Thursday, following the Bank of England’s (BoE) shock decision to raise interest rates.

US dollar weakens as Fed signals tapering ...

The US dollar fell back on Wednesday, in response to the Federal Reserve’s latest forward guidance.

US dollar holds steady as market braces for ...

The US dollar was mostly rangebound on Tuesday as markets awaited the conclusion of the Federal Reserve’s December policy meeting later this evening.

Pound firms as UK seeks to turbocharge ...

The pound traded with modest gains on Monday in response to the UK government’s plans to greatly accelerate the rollout of booster jabs in England.

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