Forex

Brexit: Deal or No Deal? Investors wait with bated breath Last Thursday, market rejoiced after the Irish Taoiseach and the UK PM spotted a ‘pathway’ to a Brexit deal. In the following 48 hours after […]

Five-Point Summary (source) Bank of England voted unanimously to hold the policy rate unchanged at 0.75%; bond purchases stay at £435 billion MPC notes the rising risk from the Sino-US trade war, noting that the ‘trade […]

Whenever investors run scared, they either turn to gold, bonds or, the Japanese Yen. All these so-called haven assets appreciate mightily during bouts of market stress. Hence, the Japanese Yen experienced a four-month winning streak […]

Two important events are taking place this week: UK is due a new Prime Minister – probably Boris Johnson ECB Meeting – with a potential rate trim The latest conservative PM selection is extraordinary. Intense […]

One of the growing trends of late is the strength of the US Dollar. Against the Euro, prices have shifted one notch lower. At the time of writing, prices are changing hands near its multi-month […]

The past few weeks saw the Euro struggle to overturn its bearish trend. The currency is slapped down by consistently weak macro data, e.g., weak German manufacturing data yesterday. Against the USD, the rate has […]

While UK is rocked by Brexit, EU appears to enjoy a calmer political atmosphere. Still, its currency, the Euro, remains in a persistent downtrend. Anemic economic growth is largely behind the Euro’s weakness. Against the […]

This week will be a crunch week for the UK gov as Brexit negotiations enter the final phase. A new vote on the gov deal is scheduled this week (Tuesday March 12). Pound Sterling has […]

In 2017, the Eurozone economy surged to a high point. But just a few months later, the region’s economy struggled. Adding to its woes was the end of QE. But the latest Eurozone IHS Markit purchasing managers’ […]