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Where is the Anxiety Ahead European Political Risk on March 4?

Leave a Comment / Expert Analysis / By admin

Among the biggest political risk of the year is at hand. The results of the SPD vote on whether to join another grand coalition and the national election of Italy are due Sunday. The market is unusually calm about it. The euro is trading sideways, a couple cents below the multi-year high set two weeks …

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Markets Becalmed Ahead of US data and Weekend

Leave a Comment / Expert Analysis / By admin

The foreign exchange market is becalmed, and the major currencies are little changed. The US dollar is mixed, but mostly a little lower. Sterling is the weakest of the majors, off 0.3%, near $1.2850, having been rebuffed by offers in front of $1.30 several times. It has not recovered from the quarterly inflation report and Carney’s …

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