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Currency news

Pound cheered by Boris Johnson’s return to Downing ...

The pound came out on top on Monday as markets were relieved to hear the UK government finally had clear leadership again with the return of Boris Joh

Weekly Roundup: Imminent relaxation of NZ ...

As markets braced for New Zealand to relax some of its lockdown restrictions, having apparently succeeded in limiting the spread of Covid-19, the mood

Weekly Roundup: Rising jobless claims ...

The US jobless rate continued climbing towards a record high last week, limiting the US dollar’s ability to gain ground against its rivals.

Weekly Roundup: Underwhelming Eurozone PMIs ...

The latest signs of slowdown in the Eurozone economy limited the appeal of the euro ahead of the weekend even as a number of countries moved towards e

Weekly Roundup: Record low UK services PMI ...

Confidence in the underlying health of the UK economy received a serious blow as April’s services PMI plunged to an unprecedented low, leaving the pou

Record plunge in retail sales sidelines ...

The release of some worrying retail sales figures left the pound mostly directionless at the end of last week’s session.

Abysmal PMI figures highlight economic pain ...

The release of April’s preliminary PMI figures hung over currency markets yesterday as record drops in activity stoked concerns over the economic dama

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