British Pound: USD/GBP (GBP=X) downside may be limited

British Pound: USD/GBP (GBP=X) downside may be limited Fundamental Forecast for EUR/USD: Neutral – Both Italian politicians and European policymakers in Brussels remain entrenched in their respective negotiating positions, and now the European Commission is ready to punish Italy. – EUR/USD downside may be somewhat limited, particularly after the US Dollar’s fundamental backdrop eroded last…

The Trump Administration Approves Seismic Surveys for Atlantic Oil Drilling

The Trump Administration Approves Seismic Surveys for Atlantic Oil Drilling he Trump administration is authorizing use of seismic air guns to find oil and gas formations deep underneath the Atlantic Ocean floor, prompting outrage from critics who say the practice can disturb or injure whales, sea turtles and other marine life. The National Marine Fisheries…