"A political vacuum could send Italian spreads above 250bp without help by the ECB, and add pressure to the euro"
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Pound under pressure as Nordstream 1 gas pipeline closes for maintenance and fears are elevated that it might not reopen.
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The Pound to Euro exchange rate has recovered the 1.18 level with the help of a spiralling Euro and ousting of another Prime Minister from the Banana Republic of Westminster but the risk is that al…
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The gains would suggest the currency had been carrying a degree of political risk premium that looks to have now been covered to a certain extent.
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GBP/EUR has appreciated this week as EUR/USD falls faster than GBP/USD. But any corrective EUR/USD rally to pressure GBP/EUR.
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The Pound to Euro exchange rate shifted higher during the opening half of the week owing to large and widespread declines by the Euro, and the single currency is again likely to be instrumental in …
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The euro has lost its latest deep-pocketed buyer says Alex Kuptsikevich, FxPro senior market analyst.
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