Sterling sticks to $1.27 after dipping to a 17-month low. The loonie receives a quick one-two to the face from Donald Trump and the crude oil market, and the euro is under pressure from further threats to the auto sector.https://t.co/KLJ4NWCl61…mays-armour-show/
— Monex Europe (@monexeurope) December 5, 2018
EZ flash PMI's send EURUSD packing for warmer climates south this morning as sterling clings to yesterday's gains ahead of May's Brexit meetings this weekend.
Also, a big day for the loonie as the future of BoC monetary policy rests on the CPI release. https://t.co/lOkeymD840
— Monex Europe (@monexeurope) November 23, 2018
"The pound fell the most, open to close, this year due to yesterday’s political turmoil. Since, there has been little material change but sterling remains twitchy as market participants sit eagerly on the edge of their seat for the next Brexit headline."https://t.co/FCjdbhCGjt
— Monex Europe (@monexeurope) November 16, 2018
Ranko BerichRanko Berich is Head of Market Analysis at Monex Europe. He is a respected macroeconomic commentator, combining incisive market insight with a deep understanding of global economic and political events.
Ranko leads our team of analysts, providing commentary and insight on the markets as news breaks.