The European Central Bank (ECB) has decided to leave interest rates unchanged of the main refinancing operations, the marginal credit facility and the deposit facility at 0.00%, 0.25% and -0.50%, respectively, as expected. The ECB has further announced that decides to increase the endowment of the Pandemic Emergency Purchase Program (PEPP) in 500,000 million euros […]
Tag: Last minute
UK Government announces agreement in principle on all matters linked to UK-EU withdrawal agreement
British Cabinet Minister Michael Gove, has announced that they have reached an agreement in principle on all issues of the Joint Committee of the Withdrawal Agreement between the UK and the EU, according to Reuters. Regarding this development, European Commission Vice President Maros Sefcovic said the agreement will ensure that it is fully operational from […]
GBP / USD collapses below 1.33 as Johnson reportedly ready to drop Brexit talks
The Sun has reported that the Prime Minister of the United Kingdom, Boris Johnson is “ready to withdraw from Brexit negotiations in a few hours” in response to new EU demands. Earlier, both Brussels and London denied speculation that the two sides had reached an agreement on fisheries, one of three contentious issues. The other […]
GBP / USD rises above 1.35 to highest level since 2018 on hopes of a Brexit deal
The GBP/USD has shot higher, breaking the 1.35 level and reaching a maximum of 1.3539 at the time of writing. Is trading at the highest levels since May 2018, a maximum of 31 months. The hopes for a Brexit deal They have been driving the rise in the British pound. Hours earlier, an unidentified EU […]
EU official says Brexit deal is imminent and expected for the weekend
According to the latest news, citing an EU official, it is said that a trade deal with the UK is imminent and expected by the end of the weekend, barring a last minute break in talks. The comments have triggered a new wave of short hedging movement around the British pound and have pushed the […]
EUR / USD rises above 1.21 level amid vaccine optimism
EUR / USD has risen above 1.21, reaching the highest levels since April 2018. The currency pair broke the previous 2020 high at 1.2011 on Tuesday and, after a brief correction, is pushing higher. The common currency continues to benefit from optimism around a vaccine for COVID-19. The UK regulator has approved immunization of Pfizer […]
GBP / USD drops below 1.34 as Barnier says Brexit deal is at stake
The EU’s chief Brexit negotiator, Michel Barnier, has told EU envoys that talks are deadlocked around the top three issues: fisheries, governance and a level playing field. Barnier added that the deal is at stake and that there may still be a no-deal Brexit. The GBP / USD is trading around the 1.3370 level after […]
EU and UK could reach a deal by the end of the week, GBP / USD jumps above 1.3400
The pair GBP/USD subió after Times Radio reported that trade talks between the UK and the EU have entered “the mythical tunnel”. The Time Radio further noted that the EU’s main Brexit negotiator, Michel barnier, has halted internal reports to the EU after delivering the last one last Friday and that a deal could be […]
Bitcoin rises above the $ 19,000 level for the first time since December 2017
Bitcoin has broken through critical resistance at $ 19,000 for the first time in nearly three years. At the time of writing, the BTC / USD extends movement into the region of 19.080/90$, gaining about 3.85% on the day. The main cryptocurrencies are moving positive, except for the ETH / USD that loses about 0.25% […]
Risk appetite rally accelerates after Moderna announces the vaccine is 94.5% effective
Risk flows began to dominate financial markets on Monday after Moderna announced that the latest trial showed that its coronavirus vaccine candidate was 94.5% effective. In addition, the company said the vaccine is expected to remain stable at standard refrigerator temperatures of 2-8 ° C for 30 days, according to Reuters. The company further noted […]