15 November, 2018
The British pound weakens significantly, as Brexit optimism quickly turned into political turmoil. Euro and US dollar are also unsteady...
On currency markets, US dollar, Japanese yen and Swiss franc are the weakest ones. Australian dollar got boost from strong employment data. The British pound and euro rose after UK Prime Minister Theresa May got Cabinet support for her Brexit deal...
14 November, 2018
Euro remains steady and is trading as the third strongest, despite weak Germany and Eurozone data and Italy budget jitters. Eurozone GDP rose 0.2% qoq in Q3, unrevised from preliminary reading...
The British pound remains strong today, as the EU and UK finally agreed on the withdrawal agreement. It will now have to go through Prime Minister Theresa May’s Cabinet today...
13 November, 2018
Japanese yen and US dollar are trading as the weakest ones, as market sentiments stabilized and lifted. It is reported, that Chinese Vice Premier Liu He will travel to the US shortly, to work with Treasury Secretary Steven Mnuchin on preparing the summit between Trump and Xi at the G20 summit on November 30...
The financial markets reacted positively to reports of the planned visit of China Vice Premier Liu He to the United States. The visit of the Chinese official can ease the tension in the trade confrontation between the United States and China on the eve of the meeting of the leaders of the two countries, which should take place at the end of the month at the G20 summit...
12 November, 2018
The British pound continues to trade as the weakest one for today amid negative Brexit news. It’s reported that European Council President Donald Tusk has given UK Prime Minister Theresa May a deadline for an extra November summit. And enough progress has to be made by this Wednesday night...
The British pound fell notably, as it’s getting less and less likely to complete a Brexit deal within November. The pound stays the weakest one...
9 November, 2018
The British pound responded poorly to generally optimistic economic data from the UK. Britain’s Q3 GDP growth accelerated to 0.6% qoq, matched market expectations (the fastest rate since Q4 2016). On an annualized basis, the UK economy grew by 1.5% in Q3, compared with an annual growth rate of 1.2% in the three months to June...
The US dollar rose against major currencies, as the US Federal Reserve kept interest rates unchanged in the range of 2-2.25% and reiterated its position on tightening monetary policy...
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