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Central banks in the spotlight, BoE comments in focus

Comments from incoming Bank of England (BoE) Governor Andrew Bailey helped to dampen speculation that an emergency interest rate cut could be on the h

2019, a bonkers year for currency

As we enter the pre-Christmas lull we thought it would be a good time to have a look back at 2019 and what shaped GBP, EUR and USD exchange rates over

Weekly Roundup: Chinese tariff cuts boost ...

News that China would dramatically slash its tariffs on over 850 imported products gave market risk appetite a boost, lifting both the Australian and

Weekly Roundup: Signs of manufacturing ...

While investors had anticipated a decline in December’s Philadelphia Fed manufacturing index the sharp drop from 10.4 to just 0.3 prompted USD exchang

Weekly Roundup: Euro falters on disappointing ...

Both the latest Eurozone and GfK German consumer confidence indexes failed to improve as forecast on Friday, leaving the euro on a weaker footing agai

Weekly Roundup: Increased odds of BoE ...

The pound fell out of favour with investors as the odds of an early 2020 BoE interest rate cut appeared to rise, with the currency falling to a monthl

Pound struggles as Brexit talks fail

Confirmation that Brexit talks had stalled saw the pound come under increased pressure yesterday as the risk of a no-deal scenario rose.

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