25th April 2017
The Greenback settled near its lowest level vs. a basket of major currencies after Emmanuel Macron won the first round of the French presidential election.
24th April 2017
The euro popped higher against its peers with EURUSD hitting a 5-month high over the weekend as the first round of French elections left Macron and Le Pen going head to head in the next round in May.
21st April 2017
All eyes are on the primary round of the French election this Sunday. There are really three key scenarios that can occur in this Sunday’s French election. These scenarios could really shape the performance of markets like EUR/USD (and EUR crosses) and more indirect markets, such as the FTSE 100 and gold.
20th April 2017
UK PM Theresa May received the House of Commons’ backing for her 8 June election call yesterday, leaving GBP/USD trading just off the 1.28 mark. These highs are levels not seen since October last year, with UK stocks suffering as a result.
19th April 2017
The financial markets reacted to Theresa May’s announcement that there will be a snap general election on 8th June, ahead of the upcoming negotiations with the European Union. Consequently, the Pound Sterling surged to six-month high and hit $1.2903 before settling to $1.2774.