EUR/USD tumbles on ECB rate cut speculation
The euro dived on Wednesday following reports that the European Central Bank (ECB) wishes markets to be aware of the possibility of the bank cutting r
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The euro dived on Wednesday following reports that the European Central Bank (ECB) wishes markets to be aware of the possibility of the bank cutting r
The pound struck higher during yesterday’s trading session in response to some better-than-expected employment figures from the UK.
Trade in the pound was mixed on Monday as some Brexit concerns were offset by suggestions England’s lockdown measures could be eased next month.
With safe-haven demand limited thanks to market optimism over Joe Biden’s inauguration as US president, the US dollar lacked support.
The pound slumped on Friday as GBP investors were left dismayed by some abysmal UK data releases.
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.
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