GBP recovers from early losses, even after FOMC ...
Sterling took an early-morning hit yesterday, but was able to claw back losses and even notch up some gains later in the session.
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Sterling took an early-morning hit yesterday, but was able to claw back losses and even notch up some gains later in the session.
Brexit gloom weighed on the pound at first yesterday, but markets quickly recovered and GBP was able to end the day higher versus many of its peers.
The euro is poised to tumble later this morning as the Eurozone publishes its latest CPI figures.
The euro may be given another leg-up later this morning as the Eurozone publishes its preliminary GDP reading for the fourth quarter.
Conservative discontent with Theresa May’s ability as a leader was once-again weighing on the pound yesterday.
The US dollar may continue its run of losses at the start of this week’s session, with the release of the latest US personal spending figures.
Uncertainty over the UK’s economic outlook, despite upbeat GDP figures, saw the pound unable to hold on to its early morning strength on Friday.
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