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It Cuts Both Ways

Commercial considerations should drive Brexit negotiations. The other day I was at a meeting of “experts” in several fields where we were discussing Brexit “what...

The Dollar Beat Down Party

Hi Everybody, Earlier this week, we commented on a controversial situation that is currently playing out in Poland. Indeed, since eToro has opened our platform...

GBP/USD Tests 1.2900 After Weak PMI Data

The drop in PMI services for June was not related to the Eurozone alone. According to the data released after 10:30 am, the UK...

Europe’s Unemployment Lowest Since 2009. EUR down?

After very good data of EU industrial PMI, Eurostat shortly after 11:00 published results of May Labor Market Report. Unemployment in euro area remained...

European Industrial Production Up. EUR Reaction

At 11:00 Eurostat published latest April data on changes in industrial production in the euro area. Did positive data help EUR on the market? In...

European PMI Better Than Forecast. Euro Reaction

At 9:00 GMT we got to know Markit's latest data about PMI in the Eurozone. Five minutes before this publication identical data were published...

Brexit Triggered – Exiting Roadmap

After 9 months, the UK is now officially leaving Europe. The process of Brexit has begun on 29 March 2017. The United Kingdom began...

European Inflation is Approaching 2%. Core CPI Still Weak

At 11:00 markets got to know the final readings of the February consumer inflation for eurozone. The results comply with preliminary readings in terms...

Currency Commentary- Market Lives Along With Politics

Looking at the current political situation through the prism of the currency market, it is fair to say that the euro zone may be...

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