US Open Preview – Euro slightly up before Italy’s budget deadline; Oil in the red
Posted on November 13, 2018 at 12:36 pm GMTHere are the latest developments in global markets: FOREX: Three-month average earnings including bonuses grew by 3.0% y/y in September in the UK, while the ex-bonus measure jumped by 3.2% y/y versus 3.1% expected. The pound, though, showed little reaction to the data as the unemployment rate inched up by 0.1 percentage points to 4.1%. Still, pound/dollar managed to spike to 1.2961 before a pullback to 1.2944 (+0.86%) after government sources supported that a Brexit deal is closer now than [..]