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European Commission downgraded its forecast for euro zone economic growth..

  Good Morning,   – The US dollar rose to a fresh seven-year high against the Japanese yen on Wednesday after a victory by Republicans in the United States’ mid-term elections raised hopes for an end in political gridlock in US, boosting risk sentiment. The dollar rose to as high as 114.51 yen, its highest […]

The U.S. dollar headed for its biggest monthly slide since September…

  Good Morning,   – The U.S. dollar headed for its biggest monthly slide since September against a basket of its major peers. The Euro was little changed at $1.3740 level, still trade in a very narrow range above 1.37. – Japan’s Nikkei -0.54%, Hong Kong’s Hang Seng 0.54%, Korea’s Kospi 0.30%, Australia’s ASX 200 […]

Market Recap – Facebook Pay

A widely anticipated decision from the USA is due today, on whether they will impose tariffs on the European automobile industry or not. Yesterday’s remarks on the EU were limited at President Trump’s speech towards the New York Economic Club. Given the extension of these remarks, combined with the recent price action of the stocks […]