Market News & Analysis

The EUR/USD earlier climbed to its best level since 2015. The world’s most heavily-traded currency pair briefly climbed above 1.17 before paring its gains amid profit-taking.

Following last week’s relatively heavy losses, crude prices rallied yesterday and both oil contracts were sharply higher again today with Brent trading around $49.50 and WTI almost at $48.20 at the time of this writing.

Alphabet Q2 earnings out last night didn't put to sleep valuation concerns that have weighed on its shares for weeks.

Despite the EUR/USD’s lack of response to the PMI data, some of the euro crosses such as EUR/GBP, EUR/JPY and EUR/AUD weakened. The EUR/GBP’s move lower supported the GBP/USD.

Ryanair has confirmed that the price war being waged by large European airlines ultimately aimed at seeing off small short-haul competitors still has some way to run.

Mainland European stock indices, led by the German DAX, have been hit hard this week. From its high on Thursday, the DAX has fallen some 375 points. Since hitting a record high in June, it has dropped more than 750 points, losing 5.8 per cent in the process. In contrast, the UK’s FTSE was off only 150 points or 2% from its all-time high at the time ...

Organic service revenue growth of 2.2% year-on-year is the satisfactory outcome from Vodafone’s first quarter

While the euro surged against the dollar, its gains were relatively mild against other stronger major currencies. One such currency is the Canadian dollar, which has been on a tear ever since the Bank of Canada first turned hawkish before raising interest rates.

Uncertain succession plans and an admission of continuing vulnerability in pricing dragged EasyJet shares harder than upgraded profit guidance could lift them on Thursday

Latterly, it’s been a rare quarter indeed that Unilever has failed “against the strategic objectives set out for 2020”, and this isn’t one of them.

Draghi and the ECB may have been dovish at today’s meeting, however that hasn’t stopped the euro from rallying to key resistance levels.

There was nothing noteworthy or new about the ECB’s statement today, which means that antitipation for the Draghi press conference is building. The key takeaway from the press conference for us will be how Draghi justifies his “hawkish” talk in Sintra late last month when he mentioned the word “reflation” and euro bulls ran with it. Considering ther...