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Currency news

Weekly Roundup: Sharp downturn in UK manufacturing ...

As the UK manufacturing PMI saw a surprise fall into contraction the mood towards the pound continued to sour as Brexit-based uncertainty continues to

Pound retreats as political jitters mount

The pound’s sell-off accelerated on Friday, with the rising political uncertainty in the UK weighing heavily on GBP exchange rates.

Pound nears 2019 low as political jitters ...

The pound came dangerously close to a new 2019 low against the US dollar yesterday as Sterling continue to be mired in political uncertainty.

Pound stalls as Brexit risks rise

The pound remained rangebound yesterday, with the UK currency struggling to find momentum as it was undermined by concerns over who will replace There

Pound paralysed by political angst as no-deal ...

Yesterday’s better-than-expected UK mortgage data did little to dispel the cloud of pessimism that is hanging over Sterling, with markets reacting wea

Weekly Roundup: Resilient export volumes ...

Although the New Zealand trade surplus narrowed in April the New Zealand dollar reacted positively to news that export volumes had bettered forecast.

Weekly Roundup: Underwhelming goods orders ...

US durable goods orders disappointed forecasts with a contraction of -2.1% in April, suggesting that consumers are taking a more cautious outlook and

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