FXMM - Europe

Russian rouble firms vs dollar to strongest level since early March

Russian rouble firms vs dollar to strongest level since early March

Oil prices rose on Thursday, erasing earlier losses, on signs US gasoline demand is rising despite a big surprise build in crude inventories and...

Euro creeps higher on EU recovery fund optimism

Euro creeps higher on EU recovery fund optimism

Under the proposal, the EU Commission will disburse two-thirds of the funds in grants and the rest in loans to cushion the unprecedented slump...

Rouble steady as central bank support offsets low oil prices

Rouble steady as central bank support offsets low oil prices

The rouble was nearly flat against the dollar at 71.06 and had lost 0.1pc to trade at 78.22 versus the euro. The rouble has...

Rouble dragged down by lower oil prices

Rouble dragged down by lower oil prices

The rouble was 0.6pc weaker against the dollar at 71.22 and had lost 0.7pc to trade at 78.29 versus the euro. Oil prices fell...

Sterling falls as concerns persist over negative rates, Brexit

Sterling falls as concerns persist over negative rates, Brexit

The pound was last down 0.7pc at $1.2253, losing nearly all Tuesday's gains. It dropped 0.7pc versus the euro to 89.72 pence, a six-day...

Euro rallies on EU recovery fund proposals, yuan falls

Euro rallies on EU recovery fund proposals, yuan falls

The euro rose as high as $1.1031 before falling to $1.1017, still up 0.3pc. The dollar, previously higher against a basket of currencies was...

Dollar gains and yuan hits 9-month low as US-China tensions return

Dollar gains and yuan hits 9-month low as US-China tensions return

The US currency had fallen sharply on Tuesday as strong risk appetite encouraged investors into riskier currencies, but that sentiment was much less buoyant...

Rouble slips on risk-off sentiment, bond auctions in focus

Rouble slips on risk-off sentiment, bond auctions in focus

The rouble was 0.5pc weaker against the dollar at 71.16 and had lost 0.3pc to trade at 78.03 versus the euro. The rouble also...

Sterling retreats as concern over negative rates lingers

Sterling retreats as concern over negative rates lingers

Bank of England Chief Economist Andy Haldane on Tuesday played down the prospect of imminently taking rates into negative territory. The pound was last...

Russian rouble firms on rise in oil and risk sentiment

Russian rouble firms on rise in oil and risk sentiment

The rouble was 0.8pc stronger against the dollar at 71.08 and had gained 0.5pc to trade at 77.72 versus the euro. Brent crude oil,...

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