FXMM - Europe

Dollar rebounds as ebbing trade deal optimism hurts risk appetite

Dollar rebounds as ebbing trade deal optimism hurts risk appetite

The dollar fell last week, and dropped sharply on Friday, as optimism that a trade deal could be reached. The euro fell 0.2pc to...

Rouble slides from two-week highs, Yandex shares pare losses

Rouble slides from two-week highs, Yandex shares pare losses

The rouble has more room to appreciate against the U.S. dollar. The rouble should get support given current financial market fundamentals and ongoing inflows...

Sterling slips as Brexit deal hangs in balance

Sterling slips as Brexit deal hangs in balance

The pound was down 0.6pc at a session low of $1.2568. Sterling rocketed higher at the end of last week, posting its biggest two-day...

Pound in mini-crash after rally, then bounces in Brexit headline-driven trade

Pound in mini-crash after rally, then bounces in Brexit headline-driven trade

The pound also dropped off a near a three-week high, sliding to 88.03 to 88.67 pence in less than a minute. The pound recovered...

Aussie dollar up on hopes of US-China trade deal, sterling holds gains

Aussie dollar up on hopes of US-China trade deal, sterling holds gains

"Investors are ready to celebrate any form of a U.S.-China trade deal, even a limited one" China's yuan was stable after hitting a three-week...

Dollar heads towards 1-week lows as trade U.S.-China talks get underway

Dollar heads towards 1-week lows as trade U.S.-China talks get underway

The Chinese currency in the offshore market gained for a second day, rising 0.3pc versus the greenback to 7.1145 yuan per dollar. "The (U.S.)...

Sterling dips to one-month low against the euro ahead of UK-Ireland talks

Sterling dips to one-month low against the euro ahead of UK-Ireland talks

The pound rose 0.3pc against a broadly weak dollar, last trading at $1.2238. The British currency has been driven by Brexit headlines again this...

Rouble strengthens ahead of U.S.-China trade talks, stocks down

Rouble strengthens ahead of U.S.-China trade talks, stocks down

The rouble was 0.1pc stronger against the dollar at 64.80 and had lost 0.2pc to trade at 71.36 versus the euro. The rouble-based MOEX...

Australian dollar rises, euro up after China says open for partial trade deal

Australian dollar rises, euro up after China says open for partial trade deal

China's yuan was up 0.5pc at 7.1308 against the dollar in the offshore trading. The Australian dollar, a global risk barometer, was last up...

Rouble edges ahead of OFZ auctions, stocks rise

Rouble edges ahead of OFZ auctions, stocks rise

"The rouble remains vulnerable due to uncertainty related to the outcome of trade talks," The rouble-based MOEX Russian index was 0.17pc higher at 2712.5...