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Currency news

Weekly Roundup: Disappointing service sector ...

While the Markit PMIs are afforded less attention than the more established ISM surveys the surprise decline in February’s services reading left the U

Weekly Roundup: Signs of Fed dovishness weigh ...

Fed Chair Jerome Powell prompted the US dollar to trend lower across the board last week as he sounded a note of caution over the economic outlook.

Weekly Roundup: US dollar benefits as ...

Underwhelming US production figures failed to drag the US dollar lower as the muted market reaction to the US-China trade agreement fuelled safe-haven

Weekly Roundup: Signs of manufacturing ...

While investors had anticipated a decline in December’s Philadelphia Fed manufacturing index the sharp drop from 10.4 to just 0.3 prompted USD exchang

Euro strengthens, markets optimistic about ...

The euro traded in a wide range on Thursday as the European Central Bank (ECB) unveiled fresh stimulus measures aimed at bolstering growth in the Euro

Pound US dollar exchange rates sinks as ...

The pound came under considerable pressure at the start of this week’s session as renewed Brexit uncertainty weighed on the markets.

Pound US dollar exchange rate buoyed as split ...

The pound continued to press higher against the US dollar yesterday, as the fallout from the US mid-terms left the ‘greenback’ on the defensive.

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