Forex News
Sterling rose against the euro on Wednesday and could be set for further gains if a survey on the UK's heavyweight services sector dampens fears of a UK recession and highlights a contrast between an improving British economy and a struggling eu
The U.S. dollar jumped over 1 percent against the Japanese yen to hit a global session high on Tuesday. The dollar reached a high of 82.96 yen and last traded at 82.96, up 1.1 percent, according to Reuters data.
The dollar touched a session high against the yen while the euro plumbed a session low against the greenback after minutes from the Federal Reserve's March meeting showed policymakers appear less keen to launch a fresh round of monetary stimulus
United States Dollar: The USD was broadly unchanged for the majority of the day on Tuesday, that is until the FOMC minutes were released and the greenback surged against the majori...
Sterling slipped away from four-month highs versus the dollar on Tuesday on sovereign sales but it remained underpinned by upbeat manufacturing and construction data which tempered concerns over a lack of growth in Britain's economy.
Sterling stayed close to four-month highs versus the dollar on Tuesday as upbeat manufacturing and construction data tempered some concerns over a lack of growth in Britain's economy, while sovereign-related selling of the pound prevented fresh
Sterling inched up against the dollar on Tuesday and stayed close to four month highs as upbeat manufacturing data tempered concerns about a recession in Britain.
Sterling hit a 4-1/2 month high against the dollar on Monday, and scaled a 13-month peak versus a trade-weighted basket of currencies, after surprisingly upbeat manufacturing data suggested the UK could avoid slipping into recession.
United States Dollar: A stronger than expected UK manufacturing PMI number for March sent sterling higher against the greenback on Monday, with cable touching 1.6062, its highest l...
Sterling hit a 4-1/2 month high against the dollar on Monday, and scaled a 13-month peak versus a trade-weighted basket of currencies, after surprisingly upbeat manufacturing data suggested the UK could avoid slipping into recession.
Dealers' desk forex news is provided by OzForex Pty Ltd.
