European Session – Pound under pressure after cabinet resignation; oil see-saws again
Posted on March 21, 2016 at 3:39 pm GMTIt was a quiet start to the week with European equities slightly down from Friday’s close. The dollar was broadly higher but off earlier peaks. Both the dollar and the euro found support from remarks by ECB and Fed officials. The ECB’s Francois Villeroy de Galhau said at a Bank of France conference on Monday that the ECB does not have more unconventional measures on the agenda at this point, indicating the central bank is likely to adopt a wait-and-see [..]