European Session – Euro see-saws on Deutsche Bank rumours; Dollar unfazed by Fed, data
Posted on September 28, 2016 at 3:05 pm GMTThe euro was under focus for much of today’s European session as uncertainty over the fate of Germany’s largest lender caused the currency to fluctuate. Meanwhile, the dollar held steady against the yen as traders awaited Fed Chair Janet Yellen’s semi-annual testimony in Congress. The future of Deutsche Bank was the main theme in European markets on Wednesday amid rumours that the German government is preparing a rescue plan for the troubled bank, which has been hit by a mega-large [..]