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Euro falls on ECB stimulus extension

The euro made the biggest headlines this week, rising on the news that the European Central Bank (ECB) would reduce the amount of money involved in quantitative easing, but then fell when it was announced the programme would be extended.

ECB Quantitative easing programme to be extended until end of 2017

The European Central Bank has announced yesterday its commitment to extend its quantitative easing programme to the end of 2017 and longer if needed.

Manufacturing data impacted Sterling's upwards move

The UK suffered a slump in figures for October’s manufacturing sector, which surprised the markets as investors were expecting a continual rise.

Market focus shifts to ECB

Volatility following the Italian referendum has already calmed, although political uncertainty within Italy and Europe will continue to be a theme.