14 December 2017 ECB Upgrades Eurozone Growth Forecasts but Euro Drops after Inflation Disappointment

The European central bank kept monetary policy unchanged but substantially revised up economic growth projections at its policy meeting on Thursday.

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14 December 2017 Pound Sterling Surges against Euro and Dollar after Showstopping Retail Sales

Retail sales surged in November. Focus: "Sufficient Progress", Bank of England and traders’ reactions to the “amendment 7” defeat of the government in parliament.

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13 December 2017 Pound Sterling Could Weaken Vs Euro but “Done Deal” on Brexit Means Downside is Limited Says Strategist

Economic data dominates the agenda for Sterling over Wednesday and Thursday while the European Council decision is the main event for Friday. 

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12 December 2017 Technical Analysis: Pound-to-Euro Rate Expected to Breakout Higher to 1.1650

Despite being trapped in a range between 1.1050 and 1.1510, the pair is forecast to eventually breakout higher as the uptrend resumes.

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12 December 2017 Pound at Risk VS Euro, Dollar as Bears Return Warning “Sufficient Progress” is Just the Beginning

The "breakthrough" related rally to higher levels has not materialised for the Pound and Sterling bears are now beginning to re-emerge.

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11 December 2017 British Pound Tipped for Gains Over Dollar, Euro in Weeks Ahead; Economic Data in Focus

November's inflation and wage data are now in focus, but the European Council and "sufficient progress" are still key too.

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11 December 2017 British Pound: Why “Peak Brexit Pessimism” Has Passed and 2018 Could be a Better Year

Volatility will remain a fact of life for foreign currency buyers in 2018 but the more positive direction of Brexit talks could support a continued recovery of the Pound.

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