Dollar Strengthens As Sterling Drops Off


Dollar Strengthens As Sterling Drops Off

The dollar edged to a two-week high versus its rivals this morning after U.S. President Donald Trump and congressional leaders reached a deal on Monday on a two-year extension of the debt limit, dousing fears of a government default later this year. The dollar’s gains were capped in a broadly rangebound currency market as investors […]

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12/07/2019 – This Morning’s Exchange Rates

  • Posted by currencies in Rate Alerts
  • July 12, 2019
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Please see this morning’s exchange rates listed at the bottom of the article. The rates are there for indicational purposes only. For live accurate prices please contact us. The Pound continues to weaken against the Euro on a daily basis, we have never seen this type of losing trend for the currency pair since records […]

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Market Updates

The Pound continues to weaken against the Euro on a daily basis, we have never seen this type of losing trend for the currency pair since records began. We saw a brief recovery by the pound reaching 1.1162 yesterday afternoon, however that was short lived, and Sterling lost 0.3% by the end of the day. […]

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11/07/2019 – This Morning’s Exchange Rates

  • Posted by currencies in Rate Alerts
  • July 11, 2019
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Please see this morning’s exchange rates listed at the bottom of the article. The rates are there for indicational purposes only. For live accurate prices please contact us. The dollar fell to a five-day low this morning after Federal Reserve Chair Jerome Powell kept the door open for U.S. interest rate cuts, though investors were […]

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Dollar Weakens After Powell Comments

The dollar fell to a five-day low this morning after Federal Reserve Chair Jerome Powell kept the door open for U.S. interest rate cuts, though investors were wary of selling dollars aggressively until a policy review later this month. In testimony to Congress, Powell pointed to “broad” global weakness that was clouding the U.S. economic […]

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10/07/2019 – This Morning’s Exchange Rates

  • Posted by currencies in Rate Alerts
  • July 10, 2019
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Please see this morning’s exchange rates listed at the bottom of the article. The rates are there for indicational purposes only. For live accurate prices please contact us. Sterling fell towards its lowest levels in more than two years on Tuesday against the backdrop of a worsening economic outlook and rising fears about a no-deal […]

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Sterling Hits 2 Year Low

Sterling fell towards its lowest levels in more than two years on Tuesday against the backdrop of a worsening economic outlook and rising fears about a no-deal Brexit and a new Prime Minister. With a key US$1.25 level against the dollar giving way in early Asian trade, traders quickly pushed the British currency down half […]

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09/07/2019 – This Morning’s Exchange Rates

  • Posted by currencies in Rate Alerts
  • July 9, 2019
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Please see this morning’s exchange rates listed at the bottom of the article. The rates are there for indicational purposes only. For live accurate prices please contact us. The British pound fell further this morning amid worries about the threat of a no-deal Brexit under the next prime minister and a deteriorating UK economy. In […]

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Continuing Trend – Pound Drops Further

The British pound fell further this morning amid worries about the threat of a no-deal Brexit under the next prime minister and a deteriorating UK economy. In the latest sign of economic weakness, sales at British retailers rose at their slowest average pace on record over the past year, a survey from the British Retail […]

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05/07/2019 – This Morning’s Exchange Rates

  • Posted by currencies in Rate Alerts
  • July 5, 2019
  • No Comments

Please see this morning’s exchange rates listed at the bottom of the article. The rates are there for indicational purposes only. For live accurate prices please contact us. Sterling would rally substantially if Britain leaves the European Union with a deal but weaken further if no we leave without. After suffering its biggest loss against […]

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