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The euro made losses in most of its pairs in the aftermath of the cut from the European Central Bank (‘the ECB’) as it seemed clear from comments at the subsequent press conference that cuts will continue at least into the second quarter of next year. By comparison, the Federal Reserve (‘the F...
Pound (GBPUSD=X) Sterling was lower against the dollar, slipping 0.2% to $1.3025 in early European trading, after tumbling to a near two-month low against the greenback last week, following weaker-than-expected UK inflation data. Sterling initially showed resilience, buoyed by positive domestic jo...
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