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Currency news

Euro soars as EU to create €750bn coronavirus relief ...

The euro roared higher during yesterday’s session as markets cheered the EU’s proposals for a €750bn coronavirus recovery fund.

GBP/USD rockets to two-week high as UK ...

The pound shot higher on Tuesday, bolstered by hopes that the reopening of non-essential shops next month will help to kick-start the UK economy.

Weekly roundup: Euro softens as markets brace ...

The release of the European Central Bank’s (ECB) most recent set of meeting minutes put a dampener on the euro as the chances of further policy action

Pound’s bad week continues as retail sales ...

Sterling’s bad week continued on Thursday, with the British currency remaining on the back foot against the euro and US dollar.

Prospect of negative interest rates weighs on ...

Sterling slipped on Wednesday in response to worse-than-forecast inflation data and bets that the Bank of England (BoE) could implement negative inter

Weekly market analysis: US dollar suffers as ...

The US dollar has struggled over the last week as risk-sentiment improved.

Pound stumbles after inflation data

The pound pushed higher against the euro and US dollar on Tuesday, but the currency has given up some of its gains following the release of the latest

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