Keyword: Currencies

  • Sterling falls amid lingering Brexit worries
    Sterling falls amid lingering Brexit worries
    1/18

    The British pound traded with losses on Friday amid uncertainties surrounding the country's departure from the European Union. Following the defeat of Prime Minister Theresa May's withdrawal agreement in the House of Commons, Lab...

  • Pound hits two-month high on cross-party Brexit talks
    Pound hits two-month high on cross-party Brexit talks
    1/17

    The joint currency of 19 European states declined 0.84% to £0.87705 on Thursday at 7:51 pm CET and the pound rallied 0.77% to £1.298, both levels unseen since November 15. Traders were upbeat about the prospects for sterling ...

  • Carney: Pound points to date extension, deal hopes
    Carney: Pound points to date extension, deal hopes
    1/16

    Mark Carney, governor of the Bank of England, told lawmakers in London on Wednesday that it is clear their rejection of the arrangement reached by the government and the European Union about the country's withdrawal affects the marke...

  • Pound reverses losses after Brexit deal defeat
    Pound reverses losses after Brexit deal defeat
    1/15

    The sterling pared losses from earlier in the session to trade with slight gains against the American dollar, while it increased around 0.50% against the euro, after British Prime Minister Theresa May's Brexit deal got rejected...

  • Pound falls after May's Parliament address
    Pound falls after May's Parliament address
    1/15

    The British pound fell over 1% on Tuesday following the address by the Prime Minister Theresa May before Parliament's vote on her Brexit deal. She stated that unless MPs vote ...

  • Euro slips against dollar, pound on German data
    Euro slips against dollar, pound on German data
    1/15

    The joint currency of 19 European nations touched session lows on Tuesday after statistics showed Germany, the largest economy of the Eurozone, grew at the weakest pace in five years. The 1.5% rate of increase in gross domestic product c...

  • Pound falls ahead of crucial Brexit vote
    Pound falls ahead of crucial Brexit vote
    1/14

    The British pound fell on Monday ahead of tomorrow's vote in the United Kingdom House of Commons on the Brexit withdrawal agreement. UK Prime Minister Theresa May is expected ...

  • China lifts foreign investment quota by 100%
    China lifts foreign investment quota by 100%
    1/14

    The State Administration of Foreign Exchange (SAFE) in Beijing said on Monday that the Qualified Foreign Institutional Investors program is being doubled to $300 billion. The scheme enables overseas funds access to China's financial ...

  • Pound rises on Brexit delay report
    Pound rises on Brexit delay report
    1/11

    The pound traded higher on Friday against a range of world currencies following a report which claimed that the United Kingdom is increasingly likely to postpone the day it exits ...

  • Yuan hits highest since July on progress in talks
    Yuan hits highest since July on progress in talks
    1/10

    China's currency surged on Thursday after more details were leaked from the trade negotiations with the United States. The yuan continued with appreciation for the second day, reaching 6.7842 per dollar, the strongest point since Jul...

  • Yuan rises on rumor of statement from trade talks
    Yuan rises on rumor of statement from trade talks
    1/9

    China's currency hit a four-month high in terms of the official exchange rate against the dollar on Wednesday on alleged progress in trade talks with the United States. Hu Xijin, editor-in-chief of the Global Times, said he learned t...

  • Japan's cabinet, BoJ vow to maintain market stability
    Japan's cabinet, BoJ vow to maintain market stability
    1/4

    Following a so-called flash crash in the currency markets, led by the Japanese yen's rise to the highest level versus the dollar since March, Masatsugu Asakawa‌ expressed determination on Friday to conduct appropriate measures i...

  • Pound falls on resurfacing Brexit worries
    Pound falls on resurfacing Brexit worries
    1/3

    The British pound traded in the red compared to other major currencies on Thursday as Brexit related worries resurfaced. Prime Minister Theresa May's cabinet met yesterday after the Christmas break to discuss options in case of a pot...

  • Sterling sinks on fresh Brexit concerns
    Sterling sinks on fresh Brexit concerns
    1/2

    The British pound fell on Wednesday on renewed Brexit related worries as Prime Minister Theresa May's cabinet reconvenes today after the Christmas break to discuss a potential...

  • Yen soars on safe haven demand as stocks fall
    Yen soars on safe haven demand as stocks fall
    1/2

    Japan's currency outperformed all major peers on Wednesday and reached 124.4035 per euro, the strongest level since June 23, 2017. Traders were trying to avoid risk and switch to more stable assets amid indications of a global econom...

  • Dollar trades lower parallel to drop in Asian stocks
    Dollar trades lower parallel to drop in Asian stocks
    1/2

    The United States dollar posted moderate losses against most of its biggest peers on Wednesday and markets showed caution on continued worries about the global economy, the Brexit unknowns and the Federal Reserve's strategy to keep r...

  • Dollar weakens as Wall Street suffers losses
    Dollar weakens as Wall Street suffers losses
    12/27/2018

    As stocks in the United States touched session losses on Thursday later in the session, the dollar extended the decline against its most significant peers. Still, the pound was little changed and the Canadian currency even dropped parall...

  • Dollar rallies amid relief about Mnuchin, Powell
    Dollar rallies amid relief about Mnuchin, Powell
    12/26/2018

    Sentiment in the markets in the United States showed a powerful shift toward risk appetite on Wednesday, as stocks more than offset the losses from the catastrophic Christmas Eve session and oil jumped the most in relative terms in more ...

  • Dollar eyes two-month low versus euro
    Dollar eyes two-month low versus euro
    12/20/2018

    Disturbance hit the markets with more strength on Thursday after yesterday's meeting of the United States Federal Reserve. The dollar weakened substantially across the board as the central bank downgraded its outlook on economic grow...

  • Euro falls after PMI data disappoints
    Euro falls after PMI data disappoints
    12/14/2018

    The euro fell to the lowest level against the dollar in over two weeks following the release of worse-than-expected PMI data from the European Union.

    Earlier, IHS Markit's preliminary report showed that the growth in the pri...