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The Euro continued to surge upwards on Tuesday following on from the French Presidential Election, while the Yen fell sharply on renewed risk appetite.
Yesterday’s awaited press conference from the president-elect kept markets on their feet last night. Some of the currencies affected were MXN, EUR and GBP.
The languid summer trading of the past two weeks suddenly perked up on Friday afternoon, as the long-awaited speech by Fed Chair Janet Yellen hit the wires.
Sterling tanked 1.2% yesterday, falling to its weakest position in 31 years against the US Dollar after Mark Carney claimed that Brexit risks were ‘beginning to crystallise’.
