US Dollar Could Strengthen This Week


US Dollar Could Strengthen This Week

The dollar fell against most currencies yesterday, slipping further from a 23-month high, as traders await more data to convince them whether to add to their bullish positions in the greenback. Most major currencies held in tight ranges on light trading volume as Japan began its extended Golden Week holiday. China will observe its Labor […]

READ MORE

Dollar Strength Set To Continue

Sterling, which has been hurt this week by dollar strength, also the negotiations between the conservative party and labour to reach a compromise on Brexit look to have stalled and it looks ever more likely that the UK will have to participate in the May EU elections. The euro hovered near 22-month lows this morning […]

READ MORE

UK Inflation Stays Unchanged

Sterling has continued to fall after a newspaper reported that Brexit talks between Prime Minister Theresa May’s government and the opposition Labour Party were stalling. The report was subsequently dismissed by a Labour Party spokesman, but the pound held near the lows despite robust jobs data yesterday morning. In currency derivative markets, expectations for volatility […]

READ MORE

UK Pay Growth Rises

British workers’ pay grew at its joint fastest pace in over a decade, fuelled by further job creation, adding to suggestions that Brexit uncertainty is prompting firms to hire workers rather than make longer-term investment in equipment. Total earnings, including bonuses, rose by an annual 3.5 percent in the three months to February, the Office […]

READ MORE

EU Will Grant Extension

The European Union will grant Prime Minister Theresa May a second delay to Brexit at an emergency summit today, but the EU leaders are likely to demand she accepts a longer extension with conditions. In a sign of just how far the Brexit crisis has sapped British power, May dashed to Berlin and Paris on […]

READ MORE

May Heads To Europe For Crunch Talks

The pound continued volatility for a second consecutive day as British Prime Minister Theresa May travels to Berlin and Paris to argue for a Brexit delay though gains were tiny before an emergency European Union summit on Wednesday. Sterling rose 0.1 percent to $1.3074 in quiet trading and is still more than 2 percent below […]

READ MORE

Pound Volatility Expected

Sterling held above $1.3 on this morning but nervousness in the market about key Brexit talks between Prime Minister Theresa May and the opposition Labour Party. Britain is due to leave the European Union on Friday, but May is seeking a compromise with Labour leader Jeremy Corbyn on the terms of the UK’s divorce ahead […]

READ MORE

Pound Stagnates

The pound remained stuck near a one-week low this morning with a lack of progress in Brexit talks prompting concern that a vote on Prime Minister Theresa May’s deal could be delayed. Talks between May’s top government lawyer and European Union negotiators to win concessions from the bloc on Brexit ended on Tuesday without agreement […]

READ MORE

Pound Gains

Sterling shot past $1.30 on hopes that Prime Minister Theresa May will make progress in seeking changes to her Brexit deal with the European Union, although some traders struggled to explain the size of the move. After edging higher for much of the day, the pound then jumped in late European trading – rising almost […]

READ MORE

UK Wage Data Strong

UK pay growth held at its fastest pace in a decade in late 2018 and job creation remained strong, official figures showed this morning, suggesting the labour market was staying buoyant ahead of Brexit. Total earnings, including bonuses, rose by an annual 3.4 percent in the three months to December, remaining at its fastest pace […]

READ MORE

What's Going On?

Currencies 4 You Ltd is a company registered in England and Wales (registered no. 06866898). Registered office: Regus House Victory Way Admirals Park, Crossway, Dartford, Kent, DA2 6QD. Currencies 4 You Ltd’s Payment and Foreign Currency Exchange Services are provided by Ebury Partners UK Limited. Currencies 4 You Ltd is partnered with Ebury Partners UK Limited as its Programme Manager. Ebury Partners UK Limited are authorised and regulated by the Financial Conduct Authority as an Electronic Money Institution. (Reference Number 900797). | Terms and Conditions | Privacy Statement | Careers