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Confidence in Pound Weakens Amidst Brexit Talks

  • 29 June 2020

Following a drop in risk sentiment, as well as concerns over Brexit negotiations, the Pound took a dip on Friday according to the Foreign Exchange market. The currency finished the week at 1.0998 against the Euro and 1.2339 against the…

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Pound Stands Firm After Fresh Brexit Hopes

  • 26 June 2020

On the whole, the Pound saw some slight improvements on the foreign exchange market as it made some ground against the Euro and the US dollar. The currency ended the day at 1.107 and 1.2422 respectively, making improvements when compared…

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US Dollar Picks Up Pace After Fears Of a Trade War

  • 25 June 2020

Wednesday saw the Pound move at a fairly subdued pace as concerns started to mount over the risk of a second wave of coronavirus infections. Therefore, the currency finished the day at 1.1034 against the Euro and 1.2414 against the…

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Economy Recovery Hope Boost The Pound

  • 23 June 2020

Hopes of the UK economy opening further helped the pound to gather pace through trading on Monday. The currency, according to the foreign exchange rate finished the day at 1.1079 against the Euro, improving on last weeks closing rate. It…

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Two Month Low for Pound and Euro

  • 22 June 2020

As Friday brought an end to the week, the Pound finished at 1.1046 against the Euro which was lower than the previous day. According to the foreign exchange market, the currency also struggled against the US Dollar too, finishing the…

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Fresh Brexit Hope Keeps The Pound Steady

  • 16 June 2020

The Pound gathered some momentum during Monday as it finished the day at 1.1142 against the Euro and 1.2623 against the US dollar according to the Foreign Exchange market. This indicates that the Pound had made improvements against its performance…

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Record GDP Drop Sees The Pound Face Struggles

  • 12 June 2020

The Pound suffered throughout the session on Thursday as the currency reacted to a downturn in market sentiment. At the moment, the currency is extremely volatile as Brexit negotiations are still ongoing and the impact that coronavirus has had on…

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Pound Benefits From Improved Market Sentiment

  • 11 June 2020

Improved market sentiment helped the pound to bounce back on Wednesday. Despite news that the UK is going to be hit hardest out of all of the most developed countries according to the Organization for Development and Cooperation, the currency…

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Slow Brexit Talks Don’t Hold the Pound Back

  • 8 June 2020

After a relatively slow week for the Pound, it gathered some momentum on Friday, finishing the day strong against both the Euro and the US Dollar with foreign exchange rates of 1.1217 and 1.2666 respectively. While the currency was held…

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