Euro Rallies as Italy Crisis Concerns Take Back Seat
Top Headlines
Euro Rallies as Italy Crisis Concerns Take Back Seat – Reuters
The euro rallied further as Italian parties made last-ditch efforts to form a government and avert elections, going some way towards easing concerns about the impact of a political crisis there.
FXPA Webinar: “FX Global Code: One Year Anniversary – Where are We?”
Top Headlines
FXPA Webinar: “FX Global Code: One Year Anniversary – Where are We?” – Profit & Loss
Join members of the Foreign Exchange Professionals Association (FXPA) today for a webinar on the “FX Global Code: One Year Anniversary – Where are We?” at 10am (Eastern US)/3pm (UK)/10pm (Singapore). Read More
Euro Falls Below $1.16 for First Time Since Late 2017
Top Headlines
Euro Falls Below $1.16 for First Time Since Late 2017 – Financial Times (subscription)
The euro slipped below the $1.16 level for the first time since November 2017 after a sell-off in the Italian debt market ricocheted into forex trade.
Sterling Stuck Near 2018 Low After Stagnant Growth Data
Top Headlines
Sterling Stuck Near 2018 Low After Stagnant Growth Data – Reuters
The pound traded near a five-month low of $1.33, hindered by worries over Brexit and further signs of sustained weakness in Britain’s economy. Read More
US Launches Criminal Probe into Bitcoin Price Manipulation
Top Headlines
US Launches Criminal Probe into Bitcoin Price Manipulation – Bloomberg
The Justice Department has opened a criminal probe into whether traders are manipulating the price of bitcoin and other digital currencies, dramatically ratcheting up US scrutiny of red-hot markets that critics say are rife with misconduct, according to four people familiar with the matter.
Banerjee Wins Unfair Dismissal Claim
Top Headlines
Banerjee Wins Unfair Dismissal Claim – Profit & Loss
Profit & Loss understands that John Bannerjee, who claimed unfair dismissal against former employer Royal Bank of Canada, has won his case. Read More
Dollar Slips as Rally Loses Momentum
Top Headlines
Dollar Slips as Rally Loses Momentum – Reuters
The dollar fell from a five-month high, losing momentum after a broad rally prompted by rising US bond yields and relief at an easing in US-China trade tensions.
FXPA Webinar: “FX Global Code: One Year Anniversary – Where are We?”
Top Headlines
FXPA Webinar: “FX Global Code: One Year Anniversary – Where are We?” – Profit & Loss
Join members of the Foreign Exchange Professionals Association (FXPA) on Wednesday, May 30, for a webinar on the “FX Global Code: One Year Anniversary – Where are We?” at 10am (Eastern US)/3pm (UK)/10pm (Singapore). Read More
Dollar Hits Four-Month High vs Yen
|
Euro Hampered by Italian Political Risk
|