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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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GBP gains extended on reports of Irish agreement, NZD tumbles

30/11/2017 | OzForex

After Turnaround Tuesday and Wonderful Wednesday for the British Pound, Thursday is shaping up for more positive alliteration as the GBP again opens higher against every major currency
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GBP surges on EU Divorce Deal: USD lifted by fresh stock market highs

29/11/2017 | OzForex

The pound had a quite remarkable Tuesday, falling sharply against every major currency for 18 hours then regaining all its losses and more in the space of just 20-30 minutes on headlines that “Britain and EU Agree Divorce Bill”.
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GBP weighed down by fresh Brexit row

28/11/2017 | OzForex

In a generally quiet Asian session, the GBP traded pretty much sideways against most currencies, falling a little against the AUD and a bit more against the NZD.
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GBP slips as Irish Question dominates Brexit talks

27/11/2017 | OzForex

England’s cricketers didn’t last until lunch on the fifth day of the first Ashes test and the GBP has followed their downward trajectory: its’ positive momentum of last Thursday now fading under the relentless pressure of the Brexit timetable.
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GBP losing support after further examination of Budget

24/11/2017 | OzForex

A sequence of 1.4, 1.3, 1.3, 1.5 and 1.6 would be a pretty dire set of marks in ice-skating or gymnastics. As a set of GDP forecasts, it is equally grim.
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USD dumps after Fed Minutes; can GBP hold its gains?

23/11/2017 | OzForex

The pound had a pretty mixed day on Wednesday – up against the USD and AUD but down slightly against the EUR, CAD and NZD – after UK Chancellor Philip Hammond delivered his annual Budget speech to the House of Commons.
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