Factory orders decline weighs on US dollar
With the Bank of England (BoE) appearing less likely to cut interest rates imminently, in spite of cuts from other central banks, the mood towards the
Weekly Roundup: Surprise Fed interest rate ...
The Federal Reserve’s decision to cut interest rates in an emergency move left the US dollar on a generally weaker footing, having caught markets by s
US dollar falls as Fed shocks markets with an ...
The US dollar weakened on Tuesday in response to the Federal Reserve’s surprise announcement that it would be implementing an emergency rate cut to he
Rising UK retail sales could spur pound gains
Fresh worries over the risk of the Brexit transition period ending without a trade agreement between the UK and EU dragged on the pound yesterday.
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
Pound rallies on unexpected UK manufacturing ...
February’s flash UK manufacturing PMI surprised investors by delivering a solid uptick from 50 to 51.9, avoiding the expected drop into contraction te
GBP refreshes 2020 high
Sterling reversed its losses on Tuesday after new UK Chancellor Rishi Sunak said he would unveil the annual budget on 11 March as previously planned.
