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GBP/USD lifts to new high on the week above 1.2410
Since the EUR/USD rose above 1.07 earlier this afternoon, that helped to drag the GBP/USD higher with it. However, the pound was lagging in dollar terms, but not anymore. The GBP/USD has now managed to punch its way above the 1.2410 high seen yesterday. The move has extended to as high as 1.2420 as I write this update. The rise in the GBP/USD also seems part of a wider relapse in the dollar index, with focus on the European currencies just now
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Volatility spikes as Trump spouts his latest demands- Brent falls back again
The US President has made a number of announcements all of which have sparked a raft of fresh volatility across the markets. The EUR/USD dived and...
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EUR/USD slips to fresh session lows after repeated attempts to rebound fail
In the past few minutes the EUR/USD has seemingly given up all attempts to rebound and for the whole session so far any rebound it has undertaken has...
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The next update on USD/JPY will come early tomorrow morning after the BOJ policy decision
The USD/JPY is off its lows but clearly still tracking below the high seen earlier. The actual range today has been covered today by 156.11 and 156.75...
