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When the European Central Bank president attended the European Parliament's economic affairs committee Mario Draghi's observations were in line with what could have been expected. The ECB is not,...

This last week was not the highlight of sterling's long and chequered career. The pound lost one and a quarter euro cents and even contrived to give away a third of a cent to the US dollar. The...

Neither the British nor the Euroland statisticians had much to say for themselves. The monthly round of provisional purchasing managers' indices, in which the UK does not participate, indicated...

With the Greek pensioners' bonus and the Italian banks' temporary liquidity discomfort quietly put to bed the euro went into the New Year looking steady, if uninspired. It ambled through the...

The European Commission said on Thursday that it would approve the Italian government's cash injection for the troubled lender Monte Paschi di Siena. It is not a bailout (for that would be...

Much of the talk last week surrounded the Italian referendum and although the referendum result had been fairly widely anticipated, there had been doubts that Prime Minister Renzi would carry...

The initial effect of Donald Trump's election to the White House seems to have run its course. While investors still expect his policies for tax cuts and infrastructure spending to be positive...

If politics was the main driver for currencies at the end of last week, then it most certainly was again throughout the past five days. Wherever you were this week everyone had one eye on the US...

Last week ended on an average note for the euro, it was unchanged against the other dozen most actively-traded currencies. Over the last month the strongest performer had been sterling and by a...

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