[adrotate group=”3″] The EURGBP was lower by 0.40% in early trading on Thursday as the U.K. and European Union looked ready to announce a formal Brexit agreement. The U.K.’s media are expecting Boris Johson to announce the terms of the deal later this morning at Downing Street. The outline of […]
[adrotate group=”3″] The Dax index was higher by 1.25% in early trading on Thursday after the U.K. and European Union appeared to have come to an agreement on Brexit. The U.K. Prime Minister is expected to announce a formal agreement this morning and this would put four and a half […]
[adrotate group=”3″] The USDZAR is down 0.50% on Wednesday as the South African Rand bounces back from an early-week dollar rally. The greenback bounced as fears of further lockdowns came to the fore. The talk of a new virus variation in the U.K. saw 40 countries banning travel to the […]
[adrotate group=”3″] The EURGBP was trading lower on Wednesday as sterling gains on hopes of a Brexit deal. An agreement is still not looking likely but traders are acting with caution incase there is a sharp move. Despite the small range trading over the past months, there is still the […]
[adrotate group=”3″] Crude oil was pointing lower for a second day after the commodity looked set to test the $50.00 price level. Oil prices saw their biggest drop in six weeks as the vaccine enthusiasm gave way to fears over new lockdowns in the U.K. which could lead to lower […]
[adrotate group=”3″] GBPAUD was higher on Tuesday despite the U.K. currency facing a multitude of risks. Traders are likely pricing in the good news for the Aussie after a recent rally and are now positioning for a potential Brexit trade deal. The Pound has managed to shake off yesterday’s drama, […]
The gold price was higher by $13 (0.7%) on Monday as further virus fears compounded the long-awaited U.S. stimulus deal. The stimulus deal has weighed on the U.S. dollar but the greenback is seeing some strength from safe-haven demand over the rise of a new strain of virus in the U.K.
The EURGBP rate was 1.55% higher after further drama over the virus saw London and the rest of the U.K. move into strict lockdown. The situation worsened as European countries banned travel between Britain and a Brexit deal is still not agreed.
The Dax index is 0.34% higher on the day as stock indices see continued momentum. The German blue-chip index is trading at 13,712 with the February pre-virus highs at 13,800.
GBPAUD was pointing lower for a second day as the pair’s rally on hopes of a Brexit deal starts to fade once more. U.K. negotiators have criticized the EU for making unreasonable demands over fishing rights in British waters.
