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GBPEUR could fall tomorrow if they declare independence in Scotland, GBPEUR at 1.27

A Yes vote could cause sterling to plunge for an extended time as nobody really knows how it would pan out, this would be a case of major uncertainty something the markets don’t like! This is likely to cause a panic sell off…
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GBP/EUR Rises Ahead of Scottish Referendum Results (Matthew Vassallo)

GBP/EUR rates have risen during Thursday’s trading ahead of the Scottish referendum results, which are expected by early tomorrow. It’s been a volatile week for the currency pair, with various polls indicating a tight race between the Yes & No…
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UK Unemployment Drops Again But Scottish Vote Still Dominating Exchange Rates (Colm Gilhooly)

The Bank of England Minutes showed no surprises, and UK unemployment has dropped again however everything seems to be on hold until Scotland decides whether to remain part of the UK or not.  The expectation is that Scotland will vote…
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Scottish independence vote still dominating the market as the Bank of England minutes show no surprises (Mike Vaughan)

This mornings Bank of England minutes showed a 7-2 split in favour of holding interest rates at 0.5% as expected. This came as unemployment figures fell from 6.3% to 6.2% Sterling has had an extremely volatile start to the month…
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Sterling slightly up as the Scottish referendum gets ever so closer. (Ben Amrany)

We are hearing the No campaign is slightly ahead in the polls after last week the No’s were slightly ahead. This has given the pound a rise from, last weeks lows of 1.2394 and is pushing the 1.2550 level. Today CPI…
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Sterling recovers after its biggest one day loss this year. (Ben Amrany)

The pound has recovered from one of the worst one day losses for sterling exchange rates this year as concerns regarding the Scottish referendum made the stock market and pound crash yesterday. The uncertainty regarding will the yes or no…
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GBP/EUR Rates Float Around 1.26 (Matthew Vassallo)

GBP/EUR rates have remained fairly flat during Friday’s trading, which is in stark contrast to yesterday’s aggressive move. GBP gained over a cent against the single currency, as the European Central Bank (ECB) cut its base interest rate to 0.05%….
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Did you see you what happened today? Exchange rates should never be taken too much for granted

GBPEUR climbed higher today as the ECB unexpectedly announced further interest rate cuts and a future round of Quantitative Easing. This caused the Euro to weaken from 1.25 up to and over 1.26 in a very short space of time…
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Sterling Still Sliding Despite Strong Services PMI Data For The UK (Colm Gilhooly)

The pound has continued to drop today despite news from Europe being weak, and UK Services PMI coming out much better than expected.  The trend suggest the markets are now very nervous about what the outcome of the Scottish referendum…
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GBP/EUR Drops Following Scottish Independence Poll (Mathhew Vassallo)

GBP/EUR rates have dipped during Tuesday mornings trading, despite UK Construction data coming our better than expected. This data would usually help to support GBP strength but Sterling fell back below 1.26 at today’s low, losing over half a cent…
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EU Inflation Data Weak But Better Than Feared- Will The ECB Act Next Week? (Colm Gilhooly)

EU inflation data this morning has come out slightly better than expected but still very much lower than the ECB will be comfortable with.  However it is possible it is just about high enough to stave off immediate action at the…
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A Quiet Week for GBP/EUR (Matthew Vassallo)

GBP/EUR rates have remained fairly flat this week, with a small improvement for Sterling pushing it back through 1.25 on the exchange. The EUR has threatened to realign itself recently but every time it has spiked, the Pound has found…
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