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  • Article / 09 November 2017 at 12:15 GMT

    Mid-session Europe: Politics to the fore

    Saxo Markets
    Denmark
    Mid-session Europe: Politics to the fore
    The possibility that president Trump's grand taxation reform will be delayed is hurting the dollar and boxing key FX pairs into tight ranges. In Britain, the departure of two ministers from Theresa May's scandal-tainted cabinet is raising doubts about her ability to negotiate Brexit, thereby hurting sterling. The euro is enjoying more benign times and has edged higher on a new more conciliatory tone from the EU.
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