UK covid cases hit another record at 122,186 0 (0)

I don’t think the market cares about covid numbers anymore so long as the number of people in hospital don’t skyrocket. There were 137 new deaths within 28 days of a positive covid test, down from 147 on Thursday.One estimate today said 1 in 10 people in London had contracted covid since Dec 16.

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The GBPUSD traded in a narrow trading range for 2021, with key support holding in December 0 (0)

GBPUSD on the weekly chart

The GBPUSD closed the 2020 year at 1.3662, and spent the first 37 trading days working its way to the upside. A swing high was reached on  February 24 at 1.4240 (578 pip from the year end close), before correcting down to 1.3668 at the end of March and early

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ForexLive European FX news wrap: Xmas Eve edition 0 (0)

Headlines:China to extend tariff exemption for 124 US import items until 30 June next yearVaccine booster effectiveness seen waning after one month, latest study showsChina’s ‚two sessions‘ to begin on 4 March 2022, state media reportsIt’s all quiet as we wind down to the festive period. FX is relat

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Cable climbs to 1.3400 for the first time in a month 5 (1)

Cable has been acting a lot more like a commodity currency pair these days and today is just exactly that. It is now trading back to 1.3400 for the first time since 23 November, as the dollar stays more tepid on the day.

The post-BOE gain last week faltered and the pair went down to retest suppo

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Australia’s NSW reintroduces mask mandate, density limits as omicron spreads 0 (0)

This comes as 5,715  COVID-19 cases were reported today, with almost 70% coming from the Sydney metropolitan area. NSW chief health officer, Dr Kerry Chant, said that about 80% of new infections in the state were the omicron variant.
Meanwhile, state premier, Dominic Perrottet, said that the „key in

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Three doses of Sinovac vaccine ineffective in dealing with omicron 0 (0)

A laboratory study is reported to have found that two doses and a booster of Sinovac’s COVID-19 vaccine did not produce sufficient levels of neutralising antibodies to protect against the omicron variant.As such, the research suggests people who have been vaccinated with Sinovac’s doses to seek out

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