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UK Data Near 30 Year Lows

The pound was flat this morning before the release of preliminary UK PMI data for April, which was expected to show a sharp decline in economic activity as the coronavirus […]

Market Update

The pound fell to its lowest in two weeks against both the dollar and the euro as investors sought safe haven currencies following a crash in oil prices. U.S. oil […]

Market Update

Currency markets were a lot calmer this past week, which is a welcome change after the Covid-related convulsions of the past two months. As some countries start to ease up […]

Market Update

Sterling remained steady this morning, it only fell slightly against the broad-based stronger dollar, after the UK said it would extend its coronavirus lockdown for at least three more weeks. […]

Market Update

The pound has steadied off this morning, slipping slightly against the dollar but holding recent gains against the euro, ahead of an expected announcement about an extension of Britain’s lockdown […]

Market Update

The pound slipped this morning, falling back from its monthly highs against the dollar and euro, after a dire global economic forecast from the International Monetary Fund diminished risk appetite […]

Market Update

Sterling rose to one-month highs versus the dollar and euro today, as hopes lockdowns may be slowing the spread of the coronavirus pandemic strengthened currencies seen as riskier bets. The […]

Market Update

The pound moved closer towards a one-week high, buoyed by a weak dollar despite data showing that Britain’s economy stagnated in the three months to February before the coronavirus crisis […]

Market Update

British Prime Minister Boris Johnson spent a second night in intensive care and was in a stable condition after receiving oxygen support for COVID-19 complications while his foreign minister directs […]

Market Update

Sterling rallied with a broad rebound in risk markets encouraging some selling of the dollar, while traders awaited news on British Prime Minister Boris Johnson, who is fighting worsening coronavirus […]

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