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This does not necessarily mean the Euro will fall too much as other currencies have their own local problems. EURGBP especially looks like it wants to break higher as it has been consolidating in a ...
Only yesterday the markets were pricing in a 70% chance of a rate cut in January, but this will have dropped back now. GBPUSD is 0.38% higher and is back above 1.3 while EURGBP has slipped around 0.3% ...
The current rebound needs to take us beyond the 1.3120 area to signal a possible base, and a potential retest of the 31 st December peaks above 1.3200. EURGBP – currently struggling to head higher, ...
* Pneumonia-like virus in China hurts risk appetite * Euro gains before ECB, as data beats expectations * Sterling up after strong jobs report (New throughout, updates prices, market activity and ...
Sterling held above $1.30 ahead of UK labour market data on Tuesday that, if disappointing, will provide a further signal that the Bank of England could cut interest rates next week. Graphic: ...