Netherlands Antilles Guilder

We’ve already discussed at length how the Brexit could affect the U.K. economy and GBP pairs so this time let’s take a look at the other party in this breakup: the EU and the euro.

Why is the euro having trouble gaining ground against its major counterparts? Let’s explore four factors that could negatively affect the euro in the next couple of months.

The Greenback seems to be warming up for the FOMC announcement this week, as it edged slightly higher against its peers on upbeat inflation data.

Today was another relatively subdued morning London session, probably because forex traders are bracing themselves for the upcoming FOMC statement. The pound was clearly on the move, though, apparently because of the disappointing jobs report.