The pound surged to its highest in over a month against the dollar on speculation this week’s Brexit talks might start to yield a hint of progress.
READ MOREThe dollar was down on Tuesday morning in Asia, reacting to the U.S. Federal Reserve’s announcement on Monday that it would start purchasing a more diverse range of investment grade U.S. corporate bonds.
READ MOREEmerging market currencies will likely give back recent gains if a resurgence of the coronavirus pandemic continues in the second half of the year, driving foreign exchange flows to the safer U.S. dollar, a Reuters poll of market strategists showed.
READ MOREThe dollar was on the defensive against more growth-sensitive currencies on Thursday, following upbeat U.S. and European economic data but renewed worries about the coronavirus blunted more aggressive risk taking.
READ MOREProgress toward both a coronavirus vaccine and a fiscal rescue package in Europe put the dollar under pressure and supported commodity currencies and the euro on Tuesday.
READ MOREMost central European currencies will firm over the next 12 months, a Reuters poll showed, buoyed by improved risk sentiment as investors shrug off worries about a rise in coronavirus cases and focus on hopes of economic recovery.
READ MOREAlaska Republican Senator Lisa Murkowski said she still hasn’t decided how she’ll vote on President Donald Trump’s nomination of Judy Shelton’s to the Federal Reserve Board of Governors, leaving in doubt whether she has enough support to clear the Senate.
READ MORESterling, which was approaching a five-month high on Wednesday, is expected to lose some of those gains this year amid Brexit and coronavirus fears before recovering in 2021, a Reuters poll found.
READ MOREInvestors pulled $994 million out of U.S.-based stock funds in the week that ended Wednesday, according to Lipper data released on Thursday, adding another layer of selling during what is shaping up to be a rocky September in the stock market.
READ MOREUBS Global Wealth Management said it expects the British pound to weaken to $1.25 and domestic banking stocks to slump 15-20% if the UK fails to strike a trade deal with the European Union.
READ MOREOil prices extended losses on Wednesday on worries that rising coronavirus cases heading into the northern winter would lead to further restrictions on activity and curb demand for fuel.
READ MOREOil prices will stay near current levels this year as rising novel coronavirus cases threaten to slow the pace of demand recovery and counter output curbs by top producers, a Reuters poll showed on Wednesday.
READ MOREThe pound surged to its highest in over a month against the dollar on speculation this week’s Brexit talks might start to yield a hint of progress.
READ MOREThe dollar was down on Tuesday morning in Asia, reacting to the U.S. Federal Reserve’s announcement on Monday that it would start purchasing a more diverse range of investment grade U.S. corporate bonds.
READ MOREEmerging market currencies will likely give back recent gains if a resurgence of the coronavirus pandemic continues in the second half of the year, driving foreign exchange flows to the safer U.S. dollar, a Reuters poll of market strategists showed.
READ MOREThe dollar was on the defensive against more growth-sensitive currencies on Thursday, following upbeat U.S. and European economic data but renewed worries about the coronavirus blunted more aggressive risk taking.
READ MOREProgress toward both a coronavirus vaccine and a fiscal rescue package in Europe put the dollar under pressure and supported commodity currencies and the euro on Tuesday.
READ MOREMost central European currencies will firm over the next 12 months, a Reuters poll showed, buoyed by improved risk sentiment as investors shrug off worries about a rise in coronavirus cases and focus on hopes of economic recovery.
READ MOREAlaska Republican Senator Lisa Murkowski said she still hasn’t decided how she’ll vote on President Donald Trump’s nomination of Judy Shelton’s to the Federal Reserve Board of Governors, leaving in doubt whether she has enough support to clear the Senate.
READ MORESterling, which was approaching a five-month high on Wednesday, is expected to lose some of those gains this year amid Brexit and coronavirus fears before recovering in 2021, a Reuters poll found.
READ MOREInvestors pulled $994 million out of U.S.-based stock funds in the week that ended Wednesday, according to Lipper data released on Thursday, adding another layer of selling during what is shaping up to be a rocky September in the stock market.
READ MOREUBS Global Wealth Management said it expects the British pound to weaken to $1.25 and domestic banking stocks to slump 15-20% if the UK fails to strike a trade deal with the European Union.
READ MOREOil prices extended losses on Wednesday on worries that rising coronavirus cases heading into the northern winter would lead to further restrictions on activity and curb demand for fuel.
READ MOREOil prices will stay near current levels this year as rising novel coronavirus cases threaten to slow the pace of demand recovery and counter output curbs by top producers, a Reuters poll showed on Wednesday.
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