EUR/USD refreshes five-week high in upbeat trade
The US dollar closed last week’s session on the back foot as an uptick in market sentiment dented the ‘Greenback’.
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The US dollar closed last week’s session on the back foot as an uptick in market sentiment dented the ‘Greenback’.
The US dollar strengthened on Thursday as USD investors cheered the release of some stronger-than-expected US economic releases.
The pound traded in a wide range through March mostly as a result of concerns over potential disruption to the UK’s vaccine rollout.
The US dollar ticked lower on Wednesday in response to some dovish comments from the Federal Reserve’s Jerome Powell as well as a drop in US Treasury
The pound weakened on Tuesday following the shock announcement that Bank of England (BoE) Chief Economist Andy Haldane is to leave the bank this summe
The pound rallied on Monday as GBP investors welcomed the reopening of more of the UK economy.
A major bout of profit taking saw the pound fall sharply out of favour last week, in spite of the UK government confirming lockdown easing would go ah
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