US Dollar

Since Donald Trump was elected as the new US President on the 8th of November, the dollar has surged against a basket of currencies.

Trump’s acceptance speech also went a long way to reassuring markets. He was far more conciliatory than expected. He reached out to opponents striking a more moderate tone.

Trump’s acceptance speech also went a long way to reassuring markets. He was far more conciliatory than expected. He reached out to opponents striking a more moderate tone.

British High Court will rule today on whether the government can begin the formal process of leaving the European Union without a vote in parliament.

The statistic released yesterday covers the first full quarter since the referendum on the BREXIT.

Mario Draghi said an abrupt ending to bond purchases is unlikely; quashing hints that the ECB would start tapering.

The result of this election could create a great deal of uncertainty. In such times, you’d usually see a flight to quality. There are a couple of things that investors are worried about.

The US Dollar is at its highest level since February 2016. The higher investor expectations are for a rate hike, the more it strengthens.

As with the first Friday of each month, the Bureau of Labor Statistics (BLS) of the Department of US Labor will release tomorrow its report on the employment situation in the US for the month of June. Job creation is expected to have increased by 174,000, with an unemployment rate at 4.8%.

The BoE also said it was ready to take additional measures if needed. The decline of the currency is certainly beneficial for exports from the United Kingdom, though it penalizes consumption of imported products.