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GBP/EUR rises to €1.1350 after Services data

Good morning. We’ve seen the UK currency rebound this morning. I mentioned in yesterday’s post that we would see the latest UK services data today. This was released at 09:30am and was better than forecast. The number came in at…

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Key Brexit Dates: How could this affect GBP/EUR?

Once again sterling has had a relatively quiet week against the Euro. Could this change next week? Below, courtesy of the BBC, you can see an extensive timeline of key dates regarding on-going Brexit negotiations. With the pound falling yesterday following…

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Pound/Euro rises by 0.5% after strong UK Services data

Pound/Euro rates have recovered by half a point this morning. The gains have reversed the fall into the €1.13’s that we saw yesterday. Yesterday’s drop came after some poor manufacturing numbers. However this morning, rates have picked back up again into the mid €1.14’s. This…

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Sterling has strong end to the week

We have seen a decent end to the week for the Sterling. GBP/EUR has pushed back into the €1.14’s, and GBP/USD is back in the $1.33’s. Despite todays gains however, when you look back at the charts for the week,…

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GBP/EUR up, GBP/USD down…

GBP/EUR up, GBP/USD down. Pound/Euro rates have settled in the low €1.14’s today. The main reason for the slight uptick in rates is solid jobs data from the UK yesterday, that came in as forecast. The numbers were good, and…

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