Simon Mugo

Spread & Containment14 hours ago
Euro Rallies Despite Dovish ECB Comments and Italy Political Crisis
The euro rallied against the dollar despite a deluge of mostly negative comments and events from across the eurozone that could have derailed its rise. The EUR/USD currency pair rose buoyed by the risk-on market...
Government17 hours ago
Pound Falls Then Rallies on Upbeat UK Jobs Data and Risk-On Mood
The Sterling pound initially fell against the dollar due to the prevailing risk-off market sentiment but later rallied on upbeat UK jobs data and a shifting mood. The GBP/USD currency pair later recouped all...
Spread & Containment5 days ago
Pound Falls on Weak UK Retail Sales, PMI Data, and PM Johnson Speech
The Sterling pound today fell against the dollar amid a deluge of disappointing UK macro reports that painted a discouraging picture of the country’s economy. The GBP/USD currency pair was also weighed down by the prospect...
Government6 days ago
Euro Rallies on ECB Rate Decision Despite Dovish Comments by Lagarde
The euro rallied against the dollar today buoyed by the elevated risk appetite that saw the greenback sidelined in favor of riskier assets such as the single currency. The EUR/USD currency pair hit its daily highs...
Spread & Containment1 week ago
Pound Falls on Risk-Off Mood, Later Rallies on COVID-19 Vaccine Progress
The Sterling pound today fell against the dollar amid slow trading conditions occasioned by the lack of major releases from the UK and US dockets. The GBP/USD currency pair later recovered most of its losses...
Economics2 weeks ago
Euro Plunges Against Dollar on Weak Eurozone Trade Balance Data
The euro today fell against the resurgent dollar following yesterday’s speech by Jerome Powell saying that it was too early to consider tapering of the Fed’s bond-buying program. The EUR/USD currency pair’s decline...
Economics2 weeks ago
British Pound Falls on Weak UK Macro Reports, Despite Upbeat GDP Data
The Sterling pound today fell against the dollar despite the release of the upbeat UK GDP growth monthly estimate as other key macro indicators missed expectations. The GBP/USD currency pair fell as the dollar inched...
Economics2 weeks ago
Euro Falls to 4-Week Lows Against Dollar, Later Recovers To Post Gains
The euro today fell to new 4-week lows against the dollar as investor sentiment towards the single currency remained bearish extending yesterday’s losses. The EUR/USD currency pair’s decline was also fueled by the dovish...
Spread & Containment2 weeks ago
Euro Edges Higher Against Dollar Reversing 3-Day Slump on Upbeat Mood
The euro today inched higher against the US dollar reversing a 3-day downtrend fueled by the positive investor sentiment but posted meagre gains. The EUR/USD currency pair ended up trading largely sideways...
Government3 weeks ago
Pound Falls Against Dollar As UK Lockdown Seen Lasting Up to Easter
The Sterling pound today fell against the dollar after initially inching higher when it became clear that the UK coronavirus lockdown could stretch up to Easter. The GBP/USD currency pair fell...

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Simon Mugo

Stories By Simon Mugo

Euro Rallies Despite Dovish ECB Comments and Italy Political Crisis

Pound Falls Then Rallies on Upbeat UK Jobs Data and Risk-On Mood

Pound Falls on Weak UK Retail Sales, PMI Data, and PM Johnson Speech

Euro Rallies on ECB Rate Decision Despite Dovish Comments by Lagarde

Pound Falls on Risk-Off Mood, Later Rallies on COVID-19 Vaccine Progress

Euro Plunges Against Dollar on Weak Eurozone Trade Balance Data

British Pound Falls on Weak UK Macro Reports, Despite Upbeat GDP Data

Euro Falls to 4-Week Lows Against Dollar, Later Recovers To Post Gains

Euro Edges Higher Against Dollar Reversing 3-Day Slump on Upbeat Mood

Pound Falls Against Dollar As UK Lockdown Seen Lasting Up to Easter

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