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Currency news

US dollar firms as investors flock to safe-haven ...

The US dollar was back on the offensive at the end of last week’s session as growing panic over the coronavirus buoyed demand for the safe-haven curre

GBP/EUR collapses to six-week low as ...

The pound moved sharply lower yesterday as markets were spooked by the publication of the UK’s mandate for trade negotiations with the EU.

Euro slumps as Italy’s coronavirus outbreak ...

The euro tumbled on Tuesday as a rising number of coronavirus cases in Italy stoked fears the country could slip into a recession this year.

US dollar strengthens, markets gripped by ...

The US dollar opened this week on strong-footing, being propelled higher by growing concern over the coronavirus outbreak.

Weekly Roundup: Pound bounces back thanks to ...

As markets had braced for the UK manufacturing PMI to slip back into contraction territory a surprise uptick from the index gave the pound a boost las

Pound mounts recovery as markets cheer robust ...

The pound rallied on Friday, recouping some of its losses from earlier in the week as markets cheered the release of the UK’s latest PMI figures.

Pound retreats despite UK inflation surging ...

The pound trended lower on Wednesday, retreating in spite of surprisingly strong UK CPI figures.

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