EURO

Manacor overwhelmed by downpour « Euro Weekly News

Floodwaters drag everything out to sea in Manacor. Credit: Miquel Marquez Pons, X Emergency services have attended over a hundred incidents in and around the port of Manacor in Mallorca due to flash flooding. Seasonal heavy rains have been dumping heavy amounts of water all across the Iberian peninsula, but the Balearic Islands are being particularly badly hit. In the…

Pound sterling

GBP/USD holds below 1.3000 as traders brace for US GDP, employment data

GBP/USD posts modest losses around 1.2970 in Tuesday’s early Asian session.  The uncertainty surrounding the US presidential election and geopolitical risks might support the USD.  The expectation that the BoE would cut rates this year weighs on the GBP.  The GBP/USD pair trades with mild losses near 1.2970 on Tuesday during the early Asian session. The US Dollar Index (DXY)…

EURO

Unprecedented Volkswagen closures and layoffs « Euro Weekly News

Massive amounts of layoffs in Germany as Volkswagen announces unprecedented closures of at least three of its factories. Tens of thousands of workers will be laid off, and the remaining staff will be forced to take a ten percent pay cut as the German car manufacturer’s bet on electric vehicles fails to pay off. As well as closing three plants,…

Euro

EURO

Manacor overwhelmed by downpour « Euro Weekly News

Floodwaters drag everything out to sea in Manacor. Credit: Miquel Marquez Pons,…

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Selina Mackenzie’s spooky Halloween Quiz « Euro Weekly News

The spookiest night of the year is almost upon us, and in…

Pound sterling

GBP/USD Elliott Wave technical analysis [Video]

GBP/USD Elliott Wave technical analysis The ongoing Elliott Wave analysis for GBPUSD on…

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