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Pound US Dollar Exchange Rate Tilts Lower, Will A Hawkish BoE Lift Sterling?

Pound US Dollar Exchange Rate Tilts Lower, Will a Hawkish BoE Lift Sterling? ....

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Euro US Dollar Exchange Rate Tests Best Levels All Month amid ECB

Euro US Dollar Exchange Rate Strengthens despite ECB’s Cautious Tone
Despite taking a cautious tone about the uncertainty of the Eurozone outlook, the European Central Bank (ECB) policy decision was well-received today and the Euro US Dollar (EUR/USD) exchange rate strengthened.
Since opening at the level of 1.1983 this week, EUR/USD has trended with a largely upside bias as the Euro (EUR) benefits from US Dollar (USD) weakness.
Earlier in the week, EUR/USD touched on a high of 1.2076. This was the pair’s best level in about a month and a half, and the pair has been trending closely to that high since. ....

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Euro US Dollar Exchange Rate Slips from Fortnight Best as USD Steadies

Euro US Dollar Exchange Rate on Track for Big Gains This Week
Despite the recent strength of the US Dollar (USD) and its advance attempts today, the Euro US Dollar (EUR/USD) exchange rate is on track for big gains this week. The Euro (EUR) was able to capitalise on US Dollar losses.
Since opening this week at the level of 1.1764, EUR/USD has seen a surge in demand and has regained much of the losses seen over the past month.
Last night, EUR/USD touched on a high of 1.1924 – the best level for the pair since late-March. While EUR/USD was not able to hold this best level, the pair still trends high in the region of 1.1892 at the time of writing on Friday. ....

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GBP/AUD Forecast: Pound to Australian Dollar Exchange Rate Rebounds from Yesterday's Tumble

April 7, 2021 - Written by Toni Johnson
Despite the Pound being sold from its best levels in profit-taking this week, the British Pound to Australian Dollar (GBP/AUD) exchange rate continues to trend relatively closely to its best levels in months. The Australian Dollar’s strength is limited due to mixed demand for risk and trade-correlated currencies, as global economic hopes are weighed by fears of a potential ‘third wave’ of coronavirus infections.
Last week was yet another volatile week for GBP/AUD. The pair opened the week at the level of 1.8070 and spent the week climbing, ultimately closing the week at the level of 1.8173. ....

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GBP to CAD Exchange Rate Falls Back from Highs but Outlook Remains Strong

February 19, 2021 - Written by John Cameron
Investors sold the British Pound to Canadian Dollar (GBP/CAD) exchange rate slightly from its best levels today. Markets digested some unexpected signs of weakness in Britain’s latest data, and the Canadian Dollar has been benefitting from weakness in rival currencies. Despite this though, expectations for Britain to begin looking to lockdown being eased are keeping the Pound appealing overall, so there may be more gains ahead for the pair going forward.
Since opening this week at the level of 1.7582, GBP/CAD has been trending with an upside bias.
Overnight, GBP/CAD touched on a high of 1.7743, which was the best level for the pair in 11 months since March 2020. ....

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