The dollar is looking mixed this morning due to developments in US-China trade talks. Over the weekend, there were reports that the US were going to restrict investment in Chinese companies.
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The euro ended the week under pressure from poor data releases, with business confidence unexpectedly coming in at -0.22, instead of the expected 0.11. Industrial sentiment also declined more than forecast, in a sign of the worries besetting…
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The pound was in a weak position on Friday, as Bank of England policymaker, Michael Saunders, suggested that a rate cut is on its way. However, sterling is looking strong against both the euro and the dollar this…
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The pound is strong ahead of a busy political week, as the slim hopes of a forthcoming Brexit deal seem to be becoming even slimmer, and Parliament remains deeply divided. Sterling came under pressure last week after the…
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The dollar was strong against the euro and the pound yesterday, as a whistleblower complaint was released against the President. The newly released complaint came as US lawmakers on the House of Representatives intelligence committee started to question…
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Euro is choppy ahead of a wide range of data releases this morning, including business and consumer confidence and economic, industrial and services sentiment. The ECB’s bulletin yesterday highlighted the continuing risks to the wider economy, from trade…
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Michael Saunders, a 'hawkish' Bank of England policymaker, has said this morning that an interest rate cut may be needed if Brexit uncertainty continues. This comes after the Bank of England's comments last week explaining that slowing global…
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Sterling has fallen this morning as Bank of England policymaker, Michael Saunders, has said that a cut to interest rates may be needed. It was a mixed day for the pound yesterday, as the government lost its seventh…
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