Pound falls to fresh lows for the day, Brexit agreement remains elusive

GBP/USD closes in on 1.3500 in European morning trade For bank trade ideas, check out eFX Plus The quid is hitting fresh lows on the day now with cable easing back towards 1.3500 and testing the 23.6 retracement level of the recent swing higher @ 1.3509. A Brexit agreement remains elusive and it doesn’t look […]

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Australia pins hopes on elusive gas panacea for climate, economy woes

© Reuters. FILE PHOTO: Santos-operated Moomba gas plant is seen outside Moomba By Sonali Paul MELBOURNE (Reuters) – Australia is working on plans for a gas-driven recovery from COVID-19 that will help the country adapt to a low-carbon future, with the conservative government tiptoeing away from its vocal support for coal. Prime Minister Scott Morrison, […]

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