The euro jumped to the highest level since Wednesday after European union officials made a deal on immigration. In a meeting in Brussels, the European Union leaders agreed to take a tougher stance on immigration. Countries like Italy had...
Economic data will drive headlines on Thursday, with key figures from both sides of the Atlantic scheduled for release. Action begins at 06:00 GMT with a report on German consumer confidence courtesy of GfK. Germany’s leading index of consumer...
The dollar rose in the morning session after yesterday’s hawkish statement by Jerome Powell. In a statement from Portugal, he reiterated that there was room for more interest rate hikes. He based this on the recent pace of economic...
Today, global financial markets fell as traders grew increasingly concerned that the two biggest economies were marching towards a full trade war. Yesterday, after China retaliated against Donald Trump’s tariffs, his administration announced that it would put tariffs on...
A combination of economic data and monetary policy will drive headlines on Thursday, with the European Central Bank (ECB) scheduled to deliver a pivotal rate announcement. Action begins at 06:00 GMT when the German government releases final CPI numbers...
The global financial markets were little changed today after the ‘successful’ meeting between the US and North Korea in Singapore. This was the first meeting between the leaders of the two countries. The meeting ended with the signing of...
NOK and GBP are the top FX (G10) gainers today, up +0.34% and +0.21%(vs USD) while JPY and CAD are the top losers down -0.11% and -0.12% (vs USD), respectively. The Trump press brief post-summit with North Korea leader...
The United Kingdom’s Office for National Statistics will dominate the headlines on Monday with reports on factory output and trade. Currency traders will also be on high alert for geopolitics after US President Donald Trump and North Korea’s Kim...
In opinion of Karen Jones, Head of FICC Technical Analysis at Commerzbank, Cable could still visit the 1.35/1.36 band. Key Quotes “GBP/USD continues to correct higher near term. The Elliott wave count is pointing to a corrective rebound into the...
EUR is the top FX G10 gainer today, up +0.15% (vs USD) while JPY and CAD are the top losers down -0.41% and -0.36%(vs USD), respectively. In the equities space, the Asian markets have risen today with the Nikkei...
