Euro Bulls Suffer as Italy Stokes Political Uncertainty
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Euro Bulls Suffer as Italy Stokes Political Uncertainty – Reuters
The euro was flat after initially weakening as an inconclusive election in Italy pointed to prolonged political uncertainty after a stronger-than-anticipated showing by right-wing eurosceptic parties. Read More
Yen Stands Tall as Trade War Concerns Grip Markets
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Yen Stands Tall as Trade War Concerns Grip Markets – Reuters
The Japanese yen jumped half a percent against the dollar and is set to score significant gains against the euro as prospects of a trade war gripped markets after US President Donald Trump announced hefty new tariffs on steel and aluminium imports.
Sterling Falls as Traders Eye Brexit Talks
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Sterling Falls as Traders Eye Brexit Talks – Reuters
Sterling fell against the dollar as nervous investors sold the pound ahead of more talks between Britain and the European Union over the terms of Brexit, and Prime Minister Theresa May’s highly awaited speech on Friday.