Articles Archive for September 2019
Budget, Currencies, French News »
The pound (GBP) failed to cling onto its monthly high as hopes for a potential Brexit extension dwindled. Although the European Central Bank (ECB) delivered a fresh volley of monetary loosening, the euro (EUR) soon bounced back from its initial decline. Support for the US dollar (USD) proved limited as the US economy offered mixed [...]
Currencies, French News, sterling »
A better-than-expected UK gross domestic product report helped keep the pound on a positive footing as fears for a potential UK recession eased.
Brexit, Currencies, French News »
The pound had a rocky ride last week as the Queen accepted government’s request to suspend Parliament. The US dollar, meanwhile, fluctuated in response to US-China trade developments, and the euro was pressured lower by disappointing inflation data. Markets are bracing for volatility this week as Parliament reconvenes for four days on Tuesday. The pound [...]