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Euro Faces Uncertainty Amidst Inflation and Growth Concerns

Euro Falls Against Dollar on Friday Following Positive Economic Data from the US

The euro (EUR) continued on its weak trajectory against the dollar (USD) on Friday, following the release of stronger-than-expected Unemployment data and Nonfarm Payrolls. Apart from this, worrisome data from Germany also exerted additional pressure on the European currency. Europe’s superpower economy is showing weaker economic activity after industrial production showed worse-than-expected outcomes. Reports show […]

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Pound Strengthens Amidst Surging UK House Prices

British Pound Cuts Losses Against the Dollar as BoE Announces Quantitative Easing Plans

The British pound (GBP) clawed its way back from its previous crash as relief at the Bank of England (BoE)’s intervention in the bond market eased away. Sterling recorded its highest jump since mid-June yesterday after the BoE announced plans of an emergency bond-buying plan to support the freefall suffered by the economy and the […]

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