Central Bank Watch December 2020: Part 2 0 (0)

Central Bank Latest
Brexit, Covid-19, and a slowing economy all continuing to weigh on the GBP. The BoE kept interest rates unchanged at0.10%. The November meeting took place amid the US election drama so it was easy to overlook. The meeting took account all of the recent lockdown restrictions announced by the UK Gov’t top to

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Forexlive Americas FX news wrap: Dollar slumps in post-Turkey day hangover. Gold below $1800 0 (0)

Forex news for North American trading on October 27, 2020
The dollar slumped marginally in post-Turkey day hangover trading.   There was no economic data, but stocks did rise with both the S&P and Nasdaq index closing higher and a record levels (flow out of the safety of the greenback?).  Hopes for Covid vaccines may also help

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Cable falls to session lows as sellers wrestle back near-term control 0 (0)

The pound loses some ground as the Brexit narrative continues to hint that both sides are still nowhere close to a deal
Pound buyers are running into some headwinds ahead of the weekend, with Brexit talks still seemingly leading nowhere despite the fact that Michel Barnier will be headed to London this evening to continue negotiations.

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Brexit: Gaps on level playing field, governance, fisheries remain large, says EU diplomat 0 (0)

Daily Express Brussels correspondent, Joe Barnes, tweets
EU diplomat says: ‚The gaps on level playing field, governance and fisheries remain large. Michel Barnier wasn’t able to to say at this stage whether a deal would be possible. Without London taking the necessary decisions quickly, reaching a deal will be all but impossible.‘
This reads more like finger-pointing,

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