Monthly archive December, 2019

German business sentiment strengthened to a six-month high at the end of the year, survey data from the ifo institute showed on Wednesday. The business climate index rose to 96.3 in December from 95.1 in November. This was the highest Read More →

The U.S. dollar saw modest strength during trading on Tuesday, with the greenback showing a notable advance versus the British pound amid concerns about a no-deal Brexit.Original Article Read More →

Bank of England Governor Mark Carney said the possibility of a no-deal Brexit has decreased after Boris Johnson won the general election. "The worst case scenario is effectively a no-deal disorderly Brexit," Carney told reporters after the release of Financial Read More →

The U.S. dollar came off early lows, and after staying positive for a while around mid afternoon, faltered and remained weak later on in the session on Thursday, as traders weighed the prospects for a potential trade agreement between the Read More →

The UK economy stagnated in October as Brexit uncertainties and upcoming election weighed on most of the sectors, data from the Office for National Statistics showed Tuesday. Gross domestic product remained unchanged in October from September, when it was down Read More →

The U.S. dollar was weak against most major currencies on Tuesday ahead of the deadline for additional U.S. tariffs on Chinese imports and on continued uncertainty about a 'phase one' trade deal between the U.S. and China.Original Article Read More →