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Foreign Exchange Analysis Headlines

Euro steady as ECB ends bond purchases, pound gains

The euro held steady against the dollar on Thursday after the European Central Bank, as expected, halted new bond purchases and promised to maintain policy support for the euro zone due to risks from trade tensions, Brexit and budget woes in Italy and France.

After dire 2018, chastened funds tout emerging FX again

Emerging market currencies have had one of their worst years in a decade, but bruised investors tempted by what they see as cheap valuations are hoping the U.S. dollar's eight-month resurgence will end and the world won't tip into recession.

Sterling jumps as UK PM survives confidence vote; euro gains

The pound rallied on Wednesday, rebounding from a 20-month low, as British Prime Minister Theresa May survived a no-confidence vote on her leadership that will allow her to press ahead with an attempt to salvage her deal for Britain to exit the European Union.

Pound tumbles to 20-month low after May aborts Brexit vote

Sterling tumbled to its weakest since April 2017 on Monday after Prime Minister Theresa May pulled a parliamentary vote on her Brexit deal with the European Union, panicking investors about deepening political uncertainty in Britain.

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U.S. Senate hands Trump historic rebuke on Saudi Arabia

The U.S. Senate delivered a rare double rebuke to President Donald Trump on Saudi Arabia on Thursday, voting to end U.S. military support for the war in Yemen and blame the Saudi crown prince for the murder of journalist Jamal Khashoggi.