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Euro Nears 2-Month High Versus Pound, as BoE Cuts UK Growth Outlook
Euro Nears 2-Month High Versus Pound, as BoE Cuts UK Growth Outlook

The common currency rises versus sterling! The euro to pound interbank exchange rate has hit 0.8830 today, very close to its highest in 2 months, or since March 13th. The euro has risen against the pound, because yesterday the Bank of England (BoE) held UK interest rates steady, while cutting its forecast for UK economic growth and inflation.

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Canadian Dollar Nears 14-Week High Versus Pound, as Oil Price Surges
Canadian Dollar Nears 14-Week High Versus Pound, as Oil Price Surges

The loonie jumps versus sterling! The Canadian dollar to pound interbank exchange rate has hit 0.5748 today, very close to its highest in 14 weeks, or since January 29th. The Canadian dollar has risen against the pound, because the price of oil, Canada's biggest export, has surged following US President Trump's decision to leave the Iran nuclear treaty.

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USD Hits 20-Week High Versus EUR, as Powell Points to Further Hikes
USD Hits 20-Week High Versus EUR, as Powell Points to Further Hikes

The greenback climbs higher versus the common currency! The US dollar to euro interbank exchange rate has touched 0.8453 today, its highest in 20 weeks. Moreover, the buck may fly further against the euro, as Federal Reserve chairman Jerome Powell said in Zurich yesterday that "markets should not be surprised by our actions."

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Pound Hits 1-Week High Versus Euro, as Bank of England May Be Upbeat
Pound Hits 1-Week High Versus Euro, as Bank of England May Be Upbeat

Sterling bounces back versus the common currency! The pound to euro interbank exchange rate has hit its highest in 1 week today, or since May 1st, at 1.1388. The pound has risen, because financial markets are hopeful that the Bank of England will be upbeat about the UK's economic outlook, at its interest rate decision this Thursday 10th May.

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USD Nears 19-Week High Versus EUR, as ECB's Praet Talks Down Hike
USD Nears 19-Week High Versus EUR, as ECB's Praet Talks Down Hike

The greenback jumps versus the common currency! The US dollar to euro interbank exchange rate has hit 0.8383 today, close to its highest in 19 weeks, or since December 27th. The US dollar has strengthened against the euro, because European Central Bank (ECB) chief economist Peter Praet has talked down the odds that the ECB will soon lift interest rates.

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Euro Hits 7-Week High Versus Pound, as UK Services Growth Disappoints
Euro Hits 7-Week High Versus Pound, as UK Services Growth Disappoints

The common currency jumps versus sterling! The euro to pound interbank exchange rate has hit 0.8839 today, its highest in 7 weeks, or since March 14th. The euro has strengthened against the pound, because the UK's dominant services sector grew less than forecast in April.

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Aussie Reaches 2-Week High Versus Pound, as AU Trade Surplus Booms
Aussie Reaches 2-Week High Versus Pound, as AU Trade Surplus Booms

The Aussie surges versus sterling! The Australian dollar to pound interbank exchange rate has hit 0.5534 today, its highest in 2 weeks, or since March 15th. The Australian dollar has strengthened against the pound, because Australia's trade surplus rocketed far more than forecast in March, said official statistics today.

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US Dollar Hits 16-Week High Versus Pound, as UK Manufacturing Softens
US Dollar Hits 16-Week High Versus Pound, as UK Manufacturing Softens

The greenback flies versus sterling! The US dollar to pound interbank exchange rate has hit 0.7359 today, its highest since January 11th, or 16 weeks. The US dollar has risen against the pound, because UK manufacturing activity expanded at the slowest pace in 17 months in April.

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US Dollar Hits 17-Week High Versus Euro, May Rise Higher in May 2018
US Dollar Hits 17-Week High Versus Euro, May Rise Higher in May 2018

The greenback jumps versus the common currency! The US dollar to euro interbank exchange rate has reached 0.8293 today, its strongest in 17 weeks, or since January 11th 2018. What's more, the US dollar may strengthen further, because America's economy expanded by +2.3% in Q1 2018.

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Euro Reaches 6-Week High Versus Pound, as UK Economy Slows in Q1 2018
Euro Reaches 6-Week High Versus Pound, as UK Economy Slows in Q1 2018

The common currency soars versus sterling! The euro to pound interbank exchange rate has reached its highest in 6 weeks today, or since March 15th 2018, at 0.8817. The euro is flying higher against the pound, because the UK economy slowed by more than forecast in early 2018, said official statistics last Friday.

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