Dovish ECB depresses euro
The euro retreated after the European Central Bank sounded a dovish note on Thursday.
Euro takes a beating from dovish ECB
Mario Draghi set a dovish tone yesterday as the ECB reviewed growth and inflation forecasts lower.
Construction industry builds up Sterling
Yesterday August’s index figures were released and they pointed to an expansion in the UK construction industry – a healthy showing of 57.3 against July’s reading of 57.1.
CD South Africa: Is the rand a little oversold?
The good news is that a slightly oversold rand could leave room for small gains today.
Unsettled equities disturb foreign exchange markets
Continued equity market volatility is causing unrest on the currency markets, though not all currencies are complaining.
Pound starts the month behind dollar, euro
Sterling had a rough ride over 24 – 28 August, as wild stock market movements sent investors fleeing to safe havens.
US dollar survives a tough August
US stock markets have closed an August to forget, recording their worst month in three years – and this is despite the US dollar consistently making gains against its major counterparts.