Bank of England Cuts Interest Rates Ahead of Fed Meeting; Pound Strengthens — Nov 7th, 2024

The Bank of England is the first major central bank to cut rates since Donald Trump's election as U.S. president scrambled the global outlook. The pound rose against the dollar, while U.K. bond yields edged lower. Continue reading View comments...

Dollar Poised for Biggest Gain in Eight Years After Trump Win — Nov 6th, 2024

The prospect of a Donald Trump presidency roiled foreign-exchange markets, giving the dollar a huge boost and hammering other currencies like the euro, yen, Mexican peso and Chinese yuan. The Mexican peso sank to its weakest level against the dollar this year, before paring some losses. Tr...

Pound, gold and oil prices in focus: commodity and currency check, 22 October — Oct 22nd, 2024

Pound (GBPUSD=X) Sterling edged 0.2% higher against the dollar to $1.3007 on Tuesday as traders awaited crucial guidance on the trajectory of UK interest rates from Bank of England (BoE) governor Andrew Bailey, who is scheduled to deliver a speech later on Monday. However, further gains ...

Pound, gold and oil prices in focus: commodity and currency check, 22 October — Oct 22nd, 2024

Pound (GBPUSD=X) Sterling edged 0.2% higher against the dollar to $1.3007 on Tuesday as traders awaited crucial guidance on the trajectory of UK interest rates from Bank of England (BoE) governor Andrew Bailey, who is scheduled to deliver a speech later on Monday. However, further gains ...

FTSE 100, Europe and US markets lower as earnings take centre stage — Oct 21st, 2024

The FTSE 100, European markets and US stock indexes were in the red on Monday, as attention turned to megacap earnings reports. Earlier this morning, the mood was sunnier for commodity stocks as the People's Bank of China cut lending rates. The FTSE 100 (^FTSE) was 0.4% lower by the end o...

Further Losses for the Euro After the ECB Cuts Rates as Expected — Oct 21st, 2024

The euro made losses in most of its pairs in the aftermath of the cut from the European Central Bank (‘the ECB’) as it seemed clear from comments at the subsequent press conference that cuts will continue at least into the second quarter of next year. By comparison, the Federal Reserve...

Dollar Poised for Biggest Gain in Eight Years After Trump Win — Nov 6th, 2024

The prospect of a Donald Trump presidency roiled foreign-exchange markets, giving the dollar a huge boost and hammering other currencies like the euro, yen, Mexican peso and Chinese yuan. The Mexican peso sank to its weakest level against the dollar this year, before paring some losses. Tr...

Bank of England Cuts Interest Rates Ahead of Fed Meeting; Pound Strengthens — Nov 7th, 2024

The Bank of England is the first major central bank to cut rates since Donald Trump's election as U.S. president scrambled the global outlook. The pound rose against the dollar, while U.K. bond yields edged lower. Continue reading View comments...

Dollar Poised for Biggest Gain in Eight Years After Trump Win — Nov 6th, 2024

The prospect of a Donald Trump presidency roiled foreign-exchange markets, giving the dollar a huge boost and hammering other currencies like the euro, yen, Mexican peso and Chinese yuan. The Mexican peso sank to its weakest level against the dollar this year, before paring some losses. Tr...

Bank of England Cuts Interest Rates Ahead of Fed Meeting; Pound Strengthens — Nov 7th, 2024

The Bank of England is the first major central bank to cut rates since Donald Trump's election as U.S. president scrambled the global outlook. The pound rose against the dollar, while U.K. bond yields edged lower. Continue reading View comments...

Bank of England Cuts Interest Rates Ahead of Fed Meeting; Pound Strengthens — Nov 7th, 2024

The Bank of England is the first major central bank to cut rates since Donald Trump's election as U.S. president scrambled the global outlook. The pound rose against the dollar, while U.K. bond yields edged lower. Continue reading View comments...

Dollar Poised for Biggest Gain in Eight Years After Trump Win — Nov 6th, 2024

The prospect of a Donald Trump presidency roiled foreign-exchange markets, giving the dollar a huge boost and hammering other currencies like the euro, yen, Mexican peso and Chinese yuan. The Mexican peso sank to its weakest level against the dollar this year, before paring some losses. Tr...

Pound, gold and oil prices in focus: commodity and currency check, 22 October — Oct 22nd, 2024

Pound (GBPUSD=X) Sterling edged 0.2% higher against the dollar to $1.3007 on Tuesday as traders awaited crucial guidance on the trajectory of UK interest rates from Bank of England (BoE) governor Andrew Bailey, who is scheduled to deliver a speech later on Monday. However, further gains ...

Pound, gold and oil prices in focus: commodity and currency check, 22 October — Oct 22nd, 2024

Pound (GBPUSD=X) Sterling edged 0.2% higher against the dollar to $1.3007 on Tuesday as traders awaited crucial guidance on the trajectory of UK interest rates from Bank of England (BoE) governor Andrew Bailey, who is scheduled to deliver a speech later on Monday. However, further gains ...

Bank of England Cuts Interest Rates Ahead of Fed Meeting; Pound Strengthens — Nov 7th, 2024

The Bank of England is the first major central bank to cut rates since Donald Trump's election as U.S. president scrambled the global outlook. The pound rose against the dollar, while U.K. bond yields edged lower. Continue reading View comments...

Further Losses for the Euro After the ECB Cuts Rates as Expected — Oct 21st, 2024

The euro made losses in most of its pairs in the aftermath of the cut from the European Central Bank (‘the ECB’) as it seemed clear from comments at the subsequent press conference that cuts will continue at least into the second quarter of next year. By comparison, the Federal Reserve...

Bank of England Cuts Interest Rates Ahead of Fed Meeting; Pound Strengthens — Nov 7th, 2024

The Bank of England is the first major central bank to cut rates since Donald Trump's election as U.S. president scrambled the global outlook. The pound rose against the dollar, while U.K. bond yields edged lower. Continue reading View comments...

Pound, gold and oil prices in focus: commodity and currency check, 22 October — Oct 22nd, 2024

Pound (GBPUSD=X) Sterling edged 0.2% higher against the dollar to $1.3007 on Tuesday as traders awaited crucial guidance on the trajectory of UK interest rates from Bank of England (BoE) governor Andrew Bailey, who is scheduled to deliver a speech later on Monday. However, further gains ...

Bank of England Cuts Interest Rates Ahead of Fed Meeting; Pound Strengthens — Nov 7th, 2024

The Bank of England is the first major central bank to cut rates since Donald Trump's election as U.S. president scrambled the global outlook. The pound rose against the dollar, while U.K. bond yields edged lower. Continue reading View comments...

Dollar Poised for Biggest Gain in Eight Years After Trump Win — Nov 6th, 2024

The prospect of a Donald Trump presidency roiled foreign-exchange markets, giving the dollar a huge boost and hammering other currencies like the euro, yen, Mexican peso and Chinese yuan. The Mexican peso sank to its weakest level against the dollar this year, before paring some losses. Tr...

Bank of England Cuts Interest Rates Ahead of Fed Meeting; Pound Strengthens — Nov 7th, 2024

The Bank of England is the first major central bank to cut rates since Donald Trump's election as U.S. president scrambled the global outlook. The pound rose against the dollar, while U.K. bond yields edged lower. Continue reading View comments...

Bank of England Cuts Interest Rates Ahead of Fed Meeting; Pound Strengthens — Nov 7th, 2024

The Bank of England is the first major central bank to cut rates since Donald Trump's election as U.S. president scrambled the global outlook. The pound rose against the dollar, while U.K. bond yields edged lower. Continue reading View comments...

Bank of England Cuts Interest Rates Ahead of Fed Meeting; Pound Strengthens — Nov 7th, 2024

The Bank of England is the first major central bank to cut rates since Donald Trump's election as U.S. president scrambled the global outlook. The pound rose against the dollar, while U.K. bond yields edged lower. Continue reading View comments...

Bank of England Cuts Interest Rates Ahead of Fed Meeting; Pound Strengthens — Nov 7th, 2024

The Bank of England is the first major central bank to cut rates since Donald Trump's election as U.S. president scrambled the global outlook. The pound rose against the dollar, while U.K. bond yields edged lower. Continue reading View comments...

Dollar Poised for Biggest Gain in Eight Years After Trump Win — Nov 6th, 2024

The prospect of a Donald Trump presidency roiled foreign-exchange markets, giving the dollar a huge boost and hammering other currencies like the euro, yen, Mexican peso and Chinese yuan. The Mexican peso sank to its weakest level against the dollar this year, before paring some losses. Tr...

Pound, gold and oil prices in focus: commodity and currency check, 22 October — Oct 22nd, 2024

Pound (GBPUSD=X) Sterling edged 0.2% higher against the dollar to $1.3007 on Tuesday as traders awaited crucial guidance on the trajectory of UK interest rates from Bank of England (BoE) governor Andrew Bailey, who is scheduled to deliver a speech later on Monday. However, further gains ...

Dollar Poised for Biggest Gain in Eight Years After Trump Win — Nov 6th, 2024

The prospect of a Donald Trump presidency roiled foreign-exchange markets, giving the dollar a huge boost and hammering other currencies like the euro, yen, Mexican peso and Chinese yuan. The Mexican peso sank to its weakest level against the dollar this year, before paring some losses. Tr...

Bank of England Cuts Interest Rates Ahead of Fed Meeting; Pound Strengthens — Nov 7th, 2024

The Bank of England is the first major central bank to cut rates since Donald Trump's election as U.S. president scrambled the global outlook. The pound rose against the dollar, while U.K. bond yields edged lower. Continue reading View comments...

FTSE 100, Europe and US markets lower as earnings take centre stage — Oct 21st, 2024

The FTSE 100, European markets and US stock indexes were in the red on Monday, as attention turned to megacap earnings reports. Earlier this morning, the mood was sunnier for commodity stocks as the People's Bank of China cut lending rates. The FTSE 100 (^FTSE) was 0.4% lower by the end o...

Dollar Poised for Biggest Gain in Eight Years After Trump Win — Nov 6th, 2024

The prospect of a Donald Trump presidency roiled foreign-exchange markets, giving the dollar a huge boost and hammering other currencies like the euro, yen, Mexican peso and Chinese yuan. The Mexican peso sank to its weakest level against the dollar this year, before paring some losses. Tr...

Pound, gold and oil prices in focus: commodity and currency check, 22 October — Oct 22nd, 2024

Pound (GBPUSD=X) Sterling edged 0.2% higher against the dollar to $1.3007 on Tuesday as traders awaited crucial guidance on the trajectory of UK interest rates from Bank of England (BoE) governor Andrew Bailey, who is scheduled to deliver a speech later on Monday. However, further gains ...

Pound, gold and oil prices in focus: commodity and currency check, 21 October — Oct 21st, 2024

Pound (GBPUSD=X) Sterling was lower against the dollar, slipping 0.2% to $1.3025 in early European trading, after tumbling to a near two-month low against the greenback last week, following weaker-than-expected UK inflation data. Sterling initially showed resilience, buoyed by positive d...

Dollar Poised for Biggest Gain in Eight Years After Trump Win — Nov 6th, 2024

The prospect of a Donald Trump presidency roiled foreign-exchange markets, giving the dollar a huge boost and hammering other currencies like the euro, yen, Mexican peso and Chinese yuan. The Mexican peso sank to its weakest level against the dollar this year, before paring some losses. Tr...

Further Losses for the Euro After the ECB Cuts Rates as Expected — Oct 21st, 2024

The euro made losses in most of its pairs in the aftermath of the cut from the European Central Bank (‘the ECB’) as it seemed clear from comments at the subsequent press conference that cuts will continue at least into the second quarter of next year. By comparison, the Federal Reserve...

Pound, gold and oil prices in focus: commodity and currency check, 22 October — Oct 22nd, 2024

Pound (GBPUSD=X) Sterling edged 0.2% higher against the dollar to $1.3007 on Tuesday as traders awaited crucial guidance on the trajectory of UK interest rates from Bank of England (BoE) governor Andrew Bailey, who is scheduled to deliver a speech later on Monday. However, further gains ...

Pound, gold and oil prices in focus: commodity and currency check, 22 October — Oct 22nd, 2024

Pound (GBPUSD=X) Sterling edged 0.2% higher against the dollar to $1.3007 on Tuesday as traders awaited crucial guidance on the trajectory of UK interest rates from Bank of England (BoE) governor Andrew Bailey, who is scheduled to deliver a speech later on Monday. However, further gains ...

Pound, gold and oil prices in focus: commodity and currency check, 21 October — Oct 21st, 2024

Pound (GBPUSD=X) Sterling was lower against the dollar, slipping 0.2% to $1.3025 in early European trading, after tumbling to a near two-month low against the greenback last week, following weaker-than-expected UK inflation data. Sterling initially showed resilience, buoyed by positive d...

Further Losses for the Euro After the ECB Cuts Rates as Expected — Oct 21st, 2024

The euro made losses in most of its pairs in the aftermath of the cut from the European Central Bank (‘the ECB’) as it seemed clear from comments at the subsequent press conference that cuts will continue at least into the second quarter of next year. By comparison, the Federal Reserve...

Dollar Poised for Biggest Gain in Eight Years After Trump Win — Nov 6th, 2024

The prospect of a Donald Trump presidency roiled foreign-exchange markets, giving the dollar a huge boost and hammering other currencies like the euro, yen, Mexican peso and Chinese yuan. The Mexican peso sank to its weakest level against the dollar this year, before paring some losses. Tr...

Bank of England Cuts Interest Rates Ahead of Fed Meeting; Pound Strengthens — Nov 7th, 2024

The Bank of England is the first major central bank to cut rates since Donald Trump's election as U.S. president scrambled the global outlook. The pound rose against the dollar, while U.K. bond yields edged lower. Continue reading View comments...

Pound, gold and oil prices in focus: commodity and currency check, 22 October — Oct 22nd, 2024

Pound (GBPUSD=X) Sterling edged 0.2% higher against the dollar to $1.3007 on Tuesday as traders awaited crucial guidance on the trajectory of UK interest rates from Bank of England (BoE) governor Andrew Bailey, who is scheduled to deliver a speech later on Monday. However, further gains ...

Pound, gold and oil prices in focus: commodity and currency check, 21 October — Oct 21st, 2024

Pound (GBPUSD=X) Sterling was lower against the dollar, slipping 0.2% to $1.3025 in early European trading, after tumbling to a near two-month low against the greenback last week, following weaker-than-expected UK inflation data. Sterling initially showed resilience, buoyed by positive d...

Pound, gold and oil prices in focus: commodity and currency check, 22 October — Oct 22nd, 2024

Pound (GBPUSD=X) Sterling edged 0.2% higher against the dollar to $1.3007 on Tuesday as traders awaited crucial guidance on the trajectory of UK interest rates from Bank of England (BoE) governor Andrew Bailey, who is scheduled to deliver a speech later on Monday. However, further gains ...

Pound, gold and oil prices in focus: commodity and currency check, 22 October — Oct 22nd, 2024

Pound (GBPUSD=X) Sterling edged 0.2% higher against the dollar to $1.3007 on Tuesday as traders awaited crucial guidance on the trajectory of UK interest rates from Bank of England (BoE) governor Andrew Bailey, who is scheduled to deliver a speech later on Monday. However, further gains ...

Dollar Poised for Biggest Gain in Eight Years After Trump Win — Nov 6th, 2024

The prospect of a Donald Trump presidency roiled foreign-exchange markets, giving the dollar a huge boost and hammering other currencies like the euro, yen, Mexican peso and Chinese yuan. The Mexican peso sank to its weakest level against the dollar this year, before paring some losses. Tr...

Dollar Poised for Biggest Gain in Eight Years After Trump Win — Nov 6th, 2024

The prospect of a Donald Trump presidency roiled foreign-exchange markets, giving the dollar a huge boost and hammering other currencies like the euro, yen, Mexican peso and Chinese yuan. The Mexican peso sank to its weakest level against the dollar this year, before paring some losses. Tr...

Bank of England Cuts Interest Rates Ahead of Fed Meeting; Pound Strengthens — Nov 7th, 2024

The Bank of England is the first major central bank to cut rates since Donald Trump's election as U.S. president scrambled the global outlook. The pound rose against the dollar, while U.K. bond yields edged lower. Continue reading View comments...

Dollar Poised for Biggest Gain in Eight Years After Trump Win — Nov 6th, 2024

The prospect of a Donald Trump presidency roiled foreign-exchange markets, giving the dollar a huge boost and hammering other currencies like the euro, yen, Mexican peso and Chinese yuan. The Mexican peso sank to its weakest level against the dollar this year, before paring some losses. Tr...

Pound, gold and oil prices in focus: commodity and currency check, 22 October — Oct 22nd, 2024

Pound (GBPUSD=X) Sterling edged 0.2% higher against the dollar to $1.3007 on Tuesday as traders awaited crucial guidance on the trajectory of UK interest rates from Bank of England (BoE) governor Andrew Bailey, who is scheduled to deliver a speech later on Monday. However, further gains ...

Dollar Poised for Biggest Gain in Eight Years After Trump Win — Nov 6th, 2024

The prospect of a Donald Trump presidency roiled foreign-exchange markets, giving the dollar a huge boost and hammering other currencies like the euro, yen, Mexican peso and Chinese yuan. The Mexican peso sank to its weakest level against the dollar this year, before paring some losses. Tr...