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FX Desk

Morgan Stanley bets against pound ahead of U.K. budget

Global Banking & Finance Review® is an online platform providing news, analysis, interviews, opinions, press releases, market information and other content relating to banking, finance, insurance, in…

EUR/USD: French Risk Keeps Harming ECB Hawks

Alongside a direct – albeit so far relatively contained – build-up of fiscal premium, the euro continues to suffer from an unwinding of ECB rate hike expectations due to French bond turbulence. Risks …

WTI falls to near $88.50 on G7 reserve release

West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $88.60 during the early Asian trading hours on Tuesday. WTI faces some selling pressure as rising Middle East crude exports…

Dollar Index hits an 18-month high on French debt fears

France's government owes close to 120% of what its economy produces in a year. The gap between what France and Germany pay to borrow for 10 years reached about 1.5 percentage points on Friday, the wid…