Forex News
Sterling rose to its highest in 14 months against a trade-weighted basket of currencies on Wednesday, bolstered by improving UK data, while the pound held near a three-month high against the euro.
Sterling rose to its highest in 14 months against a trade-weighted basket of currencies on Wednesday, bolstered by improving UK data and with the pound pinned near a three-month high against the euro.
United States Dollar: The “risk off” start to the week meant that the USD was a standout performer on Tuesday, making gains against all of its major counterparts aside ...
United States Dollar: With Europe closed in observance of Easter Monday the FX markets were very quiet with no significant movements to speak of yesterday. In the wake of the poor ...
United States Dollar: The USD reacted negatively to the weaker than expected US jobs report on Friday. Non-farm payrolls only increased by 120,000 vs. expectations for an increase ...
Sterling hit a 2-1/2 month high against the euro on Thursday, with worries about the euro zone debt crisis and rising Spanish borrowing costs outweighing a drop in UK factory output.
United States Dollar: Unsurprisingly the Bank of England left the UK base rate on hold yesterday at 0.50% and made no change to QE. Its asset purchase facility remains at £32...
Sterling rose to its highest in two and a half months against a broadly weaker euro on Wednesday as a solid UK services sector survey eased UK recession fears and highlighted a contrast with a struggling euro zone economy.
United States Dollar: The greenback started Wednesday strongly as the Bernanke induced USD bullishness from the previous day spilled over into the next day’s trading and the ...
Sterling rose to a two-week high against the euro on Wednesday as an above-forecast UK services sector survey eased UK recession fears and highlighted a contrast with a struggling euro zone economy.
Dealers' desk forex news is provided by OzForex Pty Ltd.
