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GBP has another mixed day as EUR again struggles to find support.

15/12/2017 | OzForex

:: Majors: Data Releases: ...
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USD falls sharply after FOMC. GBP mixed after last night’s Govt defeat. BoE and ECB meetings at lunchtime today.

14/12/2017 | OzForex

As Wednesday drew to a close, a quick look at the GBP/USD exchange rate would suggest it had been a good day for the British Pound.
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USD rallies as stock markets reach fresh all-time highs. GBP awaits CPI figures for direction, NZD extends gains to 4-week high

12/12/2017 | OzForex

It is a rare day when Brexit doesn’t make the lead story on the front page of the major UK newspapers but that’s the situation this morning and one which will doubtless bring some relief in Downing Street.
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USD breaks its 5-day winning streak

11/12/2017 | OzForex

Monday 11 December British Pound (GBP) As a new week begins, let’s remind ourselves about Friday’s moves in the GBP. We’ll look at GBP/USD but it was a similar story against all the major currencies we track here. Having ...
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UK and EU agree “sufficient progress” has been made to move onto next phase of Brexit talks; GBP extends rally

08/12/2017 | OzForex

The British Pound began the latest leg of its move higher around 11.30am London time on Thursday and from its low of USD1.3333 it rallied almost two cents to an overnight high of 1.3512; not quite matching last Friday’s high of 1.3542.
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GBP fortunes still depend on Irish border news, AUD and NZD both lower

07/12/2017 | OzForex

The pound is again lower this morning. In a Press Conference yesterday, Irish Prime Minister Leo Varadkar said that Theresa May had told him she would come back with fresh proposals late on Wednesday or Thursday.
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GBP ponders the Irish question, AUD softer after GDP figures, Bank of Canada meets today

06/12/2017 | OzForex

It is tempting to wonder whether England’s performance on last day of the second Ashes test might be a metaphor for this week’s Brexit negotiations; acres of newsprint taken up with the possibility of a victory then a sudden and dramatic collapse leaving
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GBP lower as Prime Minister May struggles to find answer Irish question

05/12/2017 | OzForex

The pound opens this morning down at USD1.3433, having on Monday traded as high as 1.3548 before news that Theresa May was unable to offer an agreement on the Irish border issue to European Commission President Jean-Claude Juncker
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GBP lower as Prime Minister May heads to Brussels for key Brexit meeting

04/12/2017 | OzForex

The pound opens lower this morning after its wild ride last week; falling to USD1.3230 on Tuesday afternoon then jumping over three cents to a best level on Friday of 1.3540.
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GBP steady ahead of manufacturing PMI data and Irish Brexit news

01/12/2017 | OzForex

It is certainly unusual not to begin the London comment by noting how much the pound has gone up overnight.
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