British companies are planning to increase pay by 2.5% this year
This year, UK private-sector employers are planning to give staff a basic annual pay leap of 2…
Italian Parliamentary Election
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Italian election represents a significant risk for the euro. The problem is that coalition parties have difficulties in agreeing on whether Italy should be in the European Union or not. If the opposition gets the majority in the parliament, it will shake the stability of the EU and the EUR. On the other hand, if pro-European parties win, the euro will revive with new force. So, let’s see what happens and trade on the outcome. |
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The UK’s key inflation rate rallied in February, although stayed close to January's two-year minimum, assisting customers to preserve their spending power even as Brexit was still uncertain…
The Bank of England may support the GBP
The Monetary policy committee of the Bank of England will vote on the level of interest rate and release its monetary policy summary on March 21, at 14:00 MT time.
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Safe havens such as gold and Japanese yen declined as investors sentiment was boosted by eased geopolitical tensions…
Common currency ascends ahead of euro zone data
On Tuesday, the euro tacked on because market participants waited for reports on inflation and growth in the euro zone, while the Japanese yen went down after Japan’s major bank told it would be more flexible in its huge stimulus program…
Greenback edges down
On Tuesday, the evergreen buck dived because the common currency bounced off and the UK pound managed to ascend to the day’s maximums reacting to reports that British Prime Minister Theresa May is going to take control of Brexit talks…
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