Currencies News

Latest News

  • The dollar edged down and global shares slipped to a two-week low on Friday as investors turned cautious before a keynote speech by Federal Reserve Chair Janet Yellen that could map out a clearer path for U.S (Other OTC: UBGXF - news) . The MSCI All-Country World index was down 0.1 percent by 0817 GMT, after slipping …

  • Asia markets, dollar turn lower ahead of Yellen speech

    With an interest rate hike unlikely in the immediate future, the US dollar is struggling to gain traction in Asian trade

  • FOREX-Dollar dips in quiet market as Yellen dominates Reuters - UK Focus - 2 hours 2 minutes ago

    The dollar inched down on Friday to leave it little changed on the week, with investors focused on a speech later the day by the chair of the Federal Reserve that may provide clarity on whether U.S. interest ...

  • Sterling climbs towards three-week high, GDP data eyed Reuters - UK Focus - 2 hours 14 minutes ago

    Sterling hovered near a three-week high against the dollar on Friday, with traders awaiting the second reading of UK growth figures amid receding worries over the impact of Britain's shock vote to leave ...

  • The dollar slipped on Thursday as some investors squared positions before the annual global central bankers' gathering in Jackson Hole, Wyoming, where Federal Reserve Chair Janet Yellen may offer new guidance on U.S. monetary policy. Recent upbeat statements on the U.S. economy by Fed officials including Vice Chairman …

  • European, US equities slide awaiting Fed

    Oil prices sank again on data showing a surprise jump in US stockpiles last week, with West Texas Intermediate shedding 2.8% and Brent down 1.8% on August 24, 2016

  • Sterling edged down from a three-week high against the dollar on Thursday but traded just above $1.32, with worries over the economic impact of Britain's vote to leave the European Union having eased a touch after better-than-expected data. Sterling rose 1.2 percent last week after July inflation and retail sales numbers …

  • The dollar slipped on Thursday as some investors squared positions before the annual global central bankers' gathering in Jackson Hole, Wyoming, where Federal Reserve Chair Janet Yellen may offer new guidance ...

  • FX Focus: Pound on track to post weekly gains against euro and dollar despite slight decline

    Data released earlier in the day by the Confederation for British Industry showed British retailers enjoyed their strongest sales in six months in July. The economy, Razaqzada explained, works at a much slower pace than the markets and in the short-term the pound could suffer a sharp pullback in the pound/dollar exchange …

  • European, US equities slide awaiting Fed

    Oil prices sank again on data showing a surprise jump in US stockpiles last week, with West Texas Intermediate shedding 2.8% and Brent down 1.8% on August 24, 2016

  • European prompt electricity prices for day-ahead delivery were mixed on Thursday as a fall in wind and solar output lifted German prices, while an increased availability of nuclear power weighed in France. ...

  • The dollar eased on Thursday as some investors sold the currency before the annual global central bankers' gathering in Jackson Hole, Wyoming, where Federal Reserve Chair Janet Yellen may offer new pointers on U.S (Other OTC: UBGXF - news) . Recent hawkish statements by Fed officials including Vice Chairman Stanley Fischer …

  • European, US equities slide awaiting Fed

    Oil prices sank again on data showing a surprise jump in US stockpiles last week, with West Texas Intermediate shedding 2.8% and Brent down 1.8% on August 24, 2016

  • European shares pull back, weighed down by pharma, miners Reuters - UK Focus - Thu, Aug 25, 2016 09:56 BST

    European shares fell on Thursday, weighed down by losses among pharma and mining sector stocks, while firms such as Sunrise and Ahold were lifted by well received earning updates. The pan-European STOXX ...

  • Sterling near 3-week high as fears over impact of Brexit ease Reuters - UK Focus - Thu, Aug 25, 2016 09:33 BST
    File photograph shows an employee walking over a mosaic depicting pound sterling symbols on the floor of the front hall of the Bank of England in London

    Sterling traded close to a three-week high against the dollar on Thursday and was on track for its best week in six, with worries over the economic impact of Britain's vote to leave the European Union easing a little after recent better-than-expected data.

  • FOREX-Dollar rangebound as investors await Yellen's Jackson Hole speech Reuters - UK Focus - Thu, Aug 25, 2016 08:33 BST

    The dollar was steady on Thursday as investors stayed on the sidelines before the annual global central bankers' gathering in Jackson Hole, Wyoming, where Federal Reserve Chair Janet Yellen may offer new pointers on U.S (Other OTC: UBGXF - news) . Recent hawkish statements by Fed officials including Vice Chairman Stanley …

  • Asia markets mixed, dollar strength weighs on oil CNBC - Thu, Aug 25, 2016 00:23 BST

    Asia markets mostly fell across the board Thursday morning, as traders stayed on edge ahead of Janet Yellen's Friday speech.

  • EU and Portugal agree 5-bn-euro bailout for CGD bank

    The Portuguese government will inject up to 2.7 billion euros into CGD and convert 900 million euros of investments into capital, while the bank itself has promised to raise one billion of capital of subordinated ...

  • Weak petroleum, pharma hit US stocks AFP - Wed, Aug 24, 2016 23:21 BST
    Weak petroleum, pharma hit US stocks

    Petroleum-linked shares mostly fell, with Anadarko Petroleum losing 3.4 percent, Halliburton 1.4 percent and driller Nabors Industries 3.3 percent

  • FOREX-Dollar advances as traders look to Yellen for rate hike clues Reuters - UK Focus - Wed, Aug 24, 2016 21:06 BST

    The dollar rose on Wednesday in thin trading, helped by data the previous day showing a surge in U.S. new home sales, but gains were capped by uncertainty ahead of Federal Reserve Chair Janet Yellen's speech at a central bankers' conference on Friday. Investors expect her to provide guidance on the Fed's next rate hike. …

  • Euro area banks see net profit fall 20 pct in first quarter - ECB Reuters - UK Focus - Wed, Aug 24, 2016 17:58 BST

    Euro area banks saw their profits fall by a fifth in the first three months of this year as they made less money from trading and most other business areas, European Central Bank data showed on Wednesday. The ECB survey painted a gloomy picture, with all the main sources of profit for banks - lending, trading and fees …

  • Sterling hits 3-week high, buoyed by upbeat data post-Brexit Reuters - UK Focus - Wed, Aug 24, 2016 16:06 BST

    Sterling traded above $1.32 to touch a three-week high on Wednesday, as speculators further cut bets against the currency after data indicated the economy was holding up surprisingly well after the Brexit vote. Short positions on sterling had reached a record high of 94,238 contracts in the week to Aug. 16 and traders …

  • FOREX-Dollar gains as traders await Fed rate hike clues Reuters - UK Focus - Wed, Aug 24, 2016 15:54 BST

    Policymakers from across the globe will gather at the U.S. mountain resort of Jackson Hole at the end of the week, where the focus lies squarely on a speech by Federal Reserve Chair Janet Yellen. Investors expect Yellen to provide guidance as to next the interest rate hike from the Fed. The last rate increase was in December, …

  • FX Focus: Pound hits two-week high against the euro despite poor mortgage data International Business Times - Wed, Aug 24, 2016 14:28 BST

    The pound was on the front foot on Wednesday (24 August 2016), hitting a two-week high against the euro despite some disappointing mortgage data. The UK currency was also on the front foot against the dollar, gaining 0.26% against the greenback to $1.3225. The pound's gains even though data released by the British Bankers …

  • EUROPE POWER-Increased wind weighs on German prices in mixed spot Reuters - UK Focus - Wed, Aug 24, 2016 13:56 BST

    European spot power prices for day-ahead delivery were mixed on Wednesday as increased availability of wind power weighed on German prices while scorching weather, boosting use of air conditioning, lifted ...

Next >>