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  • $EURUSD has strengthened today amidst weakness from the US Dollar, rising back above the 1.2200 level for the first time since early January. $EUR $USD https://t.co/pQg3qOA4dM
  • $USD is weak, so is $Gold continued bearish move from that resistance inflection earlier this week. making another move towards the key support zone 1763-1766 (img 2) $GC $GLD https://t.co/MW8A7cf8Wh https://t.co/1cwWumk1jh
  • $USDCAD crushed through that 1.2500 handle, but selling seems to be slowing below the psych level. could be an item of resistance for bearish trend plays in the pair https://t.co/PYNl1F4kqG https://t.co/g1xGtf28LM
  • Fed's Bostic: - Economy is currently in a rough patch, recovery has been very uneven - GDP rebound has happened faster than employment rebound - Optimistic that vaccinations will drive faster job growth - Fed's mandate focuses on employment, not GDP #Fed $USD
  • Yields on the US 10y Treasury tightened slightly following strong durable goods orders and lower than expected jobless claims prints, falling from 1.46% to 1.44%. $USD $GOVT https://t.co/rNYUqJe7AE
  • GBP/CNH approaching an interesting area of longer-term resistance... #yuan #sterling #gbpcnh @DailyFX Prices via @IGcom https://t.co/mCVu8Op8JW
  • 🇺🇸 GDP Price Index QoQ 2nd Est (Q4) Actual: 1.8% Expected: 2% Previous: 3.3% https://www.dailyfx.com/economic-calendar#2021-02-25
  • 🇺🇸 Initial Jobless Claims (20/FEB) Actual: 730K Expected: 838K Previous: 841K https://www.dailyfx.com/economic-calendar#2021-02-25
  • 🇺🇸 Jobless Claims 4-week Average (FEB/20) Actual: 807.75K Previous: 828.25K https://www.dailyfx.com/economic-calendar#2021-02-25
  • 🇺🇸 GDP Growth Rate QoQ 2nd Est (Q4) Actual: 4.1% Expected: 4.2% Previous: 33.4% https://www.dailyfx.com/economic-calendar#2021-02-25
Webinar: UK Election Recap & Outlook for GBP in Short- and Medium-Term

Webinar: UK Election Recap & Outlook for GBP in Short- and Medium-Term

Christopher Vecchio, CFA, Senior Strategist

In this webinar I review the results of the 2017 UK General Election, what the implications for Brexit are, and the outlook in the short- and medium-term for the British Pound after a surprising outcome in the UK.

Topics covered include:

- Why did the election results lead to a sharp British Pound selloff?

- Will Theresa May be able to remain on as prime minister in a coalition government?

- How have hung parliaments impacted the British Pound in the past, and what does that mean going forward?

Read more: British Pound Slides After Inconclusive UK Election Results

--- Written by Christopher Vecchio, Senior Currency Strategist

To contact Christopher Vecchio, e-mail cvecchio@dailyfx.com

Follow him on Twitter at @CVecchioFX

To be added to Christopher's e-mail distribution list, please fill out this form

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