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Pound Euro rates rise after ECB meeting

Good morning. Pound Euro rates rose yesterday after the European Central Bank (ECB) meeting. As expected, they announced an end to their Quantitative Easing (QE) Programme at the end of the year. My colleague Michael predicted this, however the effect…

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What could move exchange rates this week?

Good morning. In today’s post we’ll take a look at the week ahead at what could move exchange rates. This will include economic data releases and political events that could affect Sterling exchange rates. It’s quite a busy week in…

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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 pushes to a 10 month high against the Euro

Sterling today has pushed close to 1.1550, the highest level against the single currency since June 2017. This has now seen sterling’s recent rally up close to 2% in the month of April, a pretty good run and maybe an…

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Pound/Euro rises to €1.15

Sterling/Euro rates have started the week very well, rising to €1.15 which is around the highest we have seen this paid since June last year. In today’s post, we’ll take a look at what economic data releases due for the…

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