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Pound retreats amidst lack of Brexit progress

The pound tumbled yesterday, undermined by fresh Brexit anxiety as the latest round of UK-EU trade talks ended in deadlock again.

EUR/USD catapulted to 18-month high on EU ...

The euro skyrocketed on Wednesday, climbing to a new multi-month high thanks to optimism over the EU’s new fiscal stimulus package.

GBP/USD pushes past 1.27 on rising market ...

The pound trended higher again on Tuesday, climbing to a four-month high against the US dollar in response to an upbeat market sentiment.

Weekly Roundup: AUD rises as risk appetite ...

The Australian dollar (AUD) has benefited from growing risk appetite as reports of positive Covid-19 vaccine trials buoy hopes for the global economy’

Weekly Roundup: US dollar slips as vaccine ...

The US dollar fell back again last week as demand for the safe-haven currency was undermined by improving market sentiment.

Weekly Roundup: Euro boosted on ‘historic’ ...

The euro was buoyed ahead of the European Union securing a ‘historic’ deal on a huge coronavirus stimulus plan aimed at helping the worst-hit economie

Weekly Roundup: Pound plunges as UK economic ...

The pound fell back last week as GBP investors were left disappointed by the latest UK economic releases.

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