In what has been a rather dull trading session, Sterling’s rally today has stood out. British Prime Minister Theresa May and European Commission President Jean-Claude Juncker today announced that they…
With little data or new news for markets to sink their teeth in, the Dollar’s recovery extended today after having weakened by almost 1% between 12th and 18th November. The market seemingly…
The data calendar is light this week with the focus likely to be on preliminary November data for Eurozone PMIs. However, markets will get more colour on monetary policy in…
The Dollar weakened slightly last week but it was Sterling which was in markets’ sights, depreciating 1.7% on Brexit-related concerns. An under-pressure Euro managed to push 0.3% higher while the…
All the focus has been on Brexit in the past 48 hours but Sterling today found its footing, with Prime Minister May having seemingly secured her position at least for…
British politics have thrown up more than their fare share of surprises in the past few years but the past 48 hours have been particularly eventful for the UK…and Sterling….
The under-pressure Sterling and Euro recovered in today’s session, seemingly ignoring mixed macro data, while the Dollar was broadly unchanged in trade-weighted terms at a 22-month high thanks to emerging…
The data calendar is heavy for the UK and US, with both countries releasing October CPI-inflation data (Wednesday) and retail sales figures (Thursday). The US will also publish actual and…
Dollar The Dollar had a bit of a wobble following Tuesday’s mid-term elections but swiftly recovered to end the week 0.6% stronger. The Federal Reserve, at its policy meeting on…
The US mid-term elections now seem like old news, with the US Dollar – which weakened in the aftermath of the Democrats regaining control of the House of Representatives –…
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