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DAX slips further after Merz fails to get first time approval
In the past few minutes it has emerged that the German Chancellor in waiting has failed to get approval in the Bundestag first vote for his taking up that post. Merz failed to win enough votes in the first round and that news has stalled the EUR/USD ahead of 1.1350 and it has also sent the DAX down to fresh session lows. The index has fallen below 23,150 since this news broke. The DAX is right now at 23,125
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Dollar continues to weaken leading into the 4pm London Fix- EUR/USD straddles 1.1150
The dollar has continue to weaken this afternoon. The GBP/USD is still battling to overcome 1.3250 and the USD/JPY has so far rejected any lasting... -
US stocks mixed in early trading- Dow Jones still in the red
The US stock markets have been open for around 20 minutes now and so far it has been an early session of mixed fortunes. The Dow Jones is still in the... -
GBP/USD making some progress now towards 1.3250
Following on from the previous update looking at the price action in the EUR/USD we see the GBP/USD has charted a slightly steadier route higher...
