Euro consolidates as the Pound, Yen and Aussie weaken further
Mike Paterson’s Daily Forex Brief The last 24 hours has seen another volatile day echoing the trend of recent weeks with the Euro consolidating gains and pressure mounting further on the Pound, Yen and...
View ArticleRelative calm as traders await BOE & ECB decisions
Mike Paterson’s Daily Forex Brief It’s been a quiet 24 hours as markets await today’s latest decisions on interest rates and QE from the BOE and ECB, but we can expect it all to kick off again soon...
View ArticleEuro falls after Draghi comments – Pound and Yen strengthen
Mike Paterson’s Daily Forex Brief Yesterday the BOE and ECB left interest rates and QE on hold as expected, but in the ECB press conference Draghi appeared not to rule out further monetary easing and...
View ArticleEuro slides again after US Trade Balance despite EU Budget agreement
Mike Paterson’s Daily Forex Brief I normally refer to the last day of the week as Frantic Friday and the last one didn’t let us down with some highly volatile trading and the Euro continuing to fall....
View ArticlePound under attack again ahead of inflation data
Mike Paterson’s Daily Forex Brief Yesterday I suggested that the Pound was due for another potential slap after GBPUSD had failed to hold above 1.5800 and so it’s proved after a brief respite from its...
View ArticleMarkets undergo a 'Trumpectomy'
By Michael Hewson, Chief Market Analyst at CMC Markets UK, comments: Financial markets will take a while to absorb today’s shock win by Donald Trump as he looks to succeed Barack Obama as the 45th...
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