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Category: EUR

House Of Lords Vote To Reject Brexit Bill

The House of Lords voted 358 to 256 against the EU (Notification Of Withdrawal) Bill that is required for Theresa May to trigger Article 50 and begin the exit process. […]

Weak UK Economic Numbers Today

Another slightly weaker than expected batch of economic numbers, this time on manufacturing sentiment, prodded the pound a touch lower against a broadly stronger dollar this morning, crimping its gains […]

Sterling Devalues Due To Fresh Uncertainty

Sterling fell against major currencies this morning, as the prospect of another Scottish independence vote and signs a major merger was unlikely to go through renewed fears about Britain’s future […]

Sterling Has Best Week Since January

Sterling slipped from a 2-week high to the dollar this morning but was still on track for its strongest week since January as concerns about politics in the United States […]

US – Fed To Raise Rates Fairly Soon

Federal Reserve officials have said they may need to raise interest rates “fairly soon” if the economy stays strong, minutes of their meeting show. The first meeting of the Fed […]

Euro Weakens as Le Pen Wins Latest Poll

Sterling rose almost 1 percent against the euro today, to its highest in two months, after another opinion poll showing far-right French presidential candidate Marine Le Pen gaining ground hit […]

Sterling Continues To Push

Sterling fell against the dollar but made ground versus the euro this morning, before Bank of England Governor Mark Carney and several his chief lieutenants testify in Britain’s parliament. The […]

Positive Start For Sterling

The pound rose against most major currencies this morning, snapping a three-day fall versus the euro, at the start of another week likely to be dominated by questions about how […]

UK Retail Sales Shock Sterling

Sterling sank by 0.5% on the day against the dollar and Euro this morning after British retail sales racked up their third monthly fall on the trot in January, disappointing […]

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