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Good Morning, After the fears of violent disruption to President Biden’s inauguration proved to be unfounded, the market has returned its attention to COVID-19 and the proposed stimulus package. Sterling has so far been a beneficiary from the success of the vaccination programme’s roll-out, which is now seeing nearly 500,00 inoculated daily. However, after Boris […]

Good Afternoon, Please click the link below to access your free currency forecast. Kind Regards, The Synergy Team  

Good Morning, One event above all else will dominate the headlines this week, the inauguration of the 46th President of the United States, Joseph Robinette Biden Jnr. With large numbers of the National Guard deployed in possibly the tightest security ever witnessed for the event, we hope that the authority’s precautions deter the feared violent protests. […]

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Good Morning, The optimism that surrounded the start of the New Year quickly evaporated last week as the spread of COVID-19 worldwide started to concern the currency markets. In the UK records of the worst type were broken as hospitalisations and mortalities both hit new records. With another lockdown now enacted  London’s mayor, Sadiq Khan has […]

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Good Morning, First and foremost, we would like to wish all our readers a happy, peaceful, and prosperous New Year. After the most tumultuous year in living memory, the new year starts with two of the big clouds that hung over the markets gone as the US election and Brexit are now both finally resolved. […]

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Good morning, Last week volatility increased sharply in sterling related markets as once again Brexit dominated the headlines and airwaves. With this weekend’s talks spilling over into this week, a renewed sense of optimism returned. Sterling has bounced strongly off its lows as a no-deal outcome seemingly has receded slightly. After a week where a […]

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Good Morning, After weeks of the markets being dominated by three stories, President Trump, Brexit and COVID-19, it seems like we are at last reaching the end game in two of them. President Trump has all but conceded defeat to Joe Biden. The markets are now anticipating what a Biden presidency is going to be […]

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Good Afternoon, The end of last week saw the Thanksgiving holiday in the US, which brought about a quiet end of the week in FX markets. To us, this also marks the start of the festive season, with the new (and some might say unwelcome) tradition of Black Friday and Cyber Monday, as a precursor […]

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Good Morning, With apparently little substance or follow up to President Trump’s allegations of fraud and general dishonesty in the recent election, the markets turned their eyes back to the narratives of COVID-19 and Brexit and last week generally traded in a very narrow range. At present, there is a push/pull battle for risk sentiment with the […]

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Good Morning, Last week the markets switched their attention away from the recent US election and started reacting to COVID-19 derived headlines. Risk sentiment see-sawed during the week and will continue to be the primary driver of currency moves. Initially, the stock markets went to the moon on the news that Pfizer had developed a COVID-19 […]