Sausage war rages on the fields of G7 summit
The trade conflict between the European Union and the United Kingdom (UK) over Northern Ireland’s border controls has rekindled. Prime minister Boris Johnson wants the EU to agree…
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The bulls are tired: pound fell against the dollar on the back of a weak euro
The euro and the pound fell against the dollar (GBP/USD) as investors are confident that interest rates in Europe will stay low for longer. The dollar’s rise came…
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Six months after Brexit, a shadow of the trade war cast over G7 meeting
Prime Minister Boris Johnson threatens to suspend part of the Brexit protocol if the European Union does not agree to a compromise in the conflict over compliance with…
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Theresa May is in a mood for travel
While the British Prime Minister is hosting the G7 summit in Cornwall, his predecessor accuses him of isolating the UK from the rest of the world. By keeping…
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Bearish setup is forming in GBP/USD rate structure
The British Pound seems to be technically entering a downward looking channel. According to our expectation it will reach 1.4 USD per GBP on a foreign currency exchange…
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Oil is back: demand will go to the pre-COVID levels in 2022
The demand for crude oil will return to pre-coronavirus levels by the end of next year, but the low vaccination rate in emerging economies means that the crisis…
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Pound to Dollar exchange rate GBP/USD affected by EU/UK trade issues
The exchange rate of the pound against the dollar continues to show a negative trend. GBP fell to a one-month low against the dollar on Thursday after Britain…
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