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sterling

sterling

By
July 16, 2019
sterling
BANKING & FINANCE NEWSLETTER
The British sterling fell back towards six-month lows against the dollar and the euro on Monday, with traders still nervous about a loss of momentum in the UK ...
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By
July 11, 2019
Sterling
BANKING & FINANCE NEWSLETTER
Britain’s economic gloom and a fast-approaching Brexit deadline kept sterling near two-year lows on Wednesday, while diplomatic spats with the United States and China highlighted the country’s troubled ...
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By
July 10, 2019
Sterling
BANKING & FINANCE NEWSLETTER
The British 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 ...
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By
July 6, 2019
Sterling
BANKING & FINANCE NEWSLETTER
The British sterling hit a six-month low on Friday, having lost more than 1% over the week against the dollar after poor economic data and a rise in ...
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By
July 5, 2019
Dollar
BANKING & FINANCE NEWSLETTER
The euro was stuck near two-week lows on Thursday and the dollar drifted away from recent highs as sliding government bond yields pressured both currencies. The global bond ...
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By
July 5, 2019
Sterling
BANKING & FINANCE NEWSLETTER
Sterling held near two-week lows on Thursday after weak economic data and a global drop in government bond yields raised expectations that the Bank of England’s next policy ...
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By
July 4, 2019
Sterling
BANKING & FINANCE NEWSLETTER
Sterling and gilt yields fell on Wednesday as economic data reinforced money markets’ view that the Bank of England would join its central bank counterparts in cutting interest ...
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By
June 27, 2019
Pound
BANKING & FINANCE NEWSLETTER
Sterling edged back towards five-month lows on Wednesday after the top contender to replace Prime Minister Theresa May reaffirmed his desire to take Britain out of the European ...
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By
June 26, 2019
Pound
BANKING & FINANCE NEWSLETTER
Dollar weakness allowed the pound to briefly scale a one-month high on Tuesday, though the risk of no-deal Brexit stemming from the Conservative Party leadership contest kept the ...
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By
June 25, 2019
Sterling
BANKING & FINANCE NEWSLETTER
Sterling pulled back from a one-month high on Monday hit largely on the back of a selloff in the dollar, with traders reluctant to take big positions on ...
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By
June 22, 2019
Sterling
BANKING & FINANCE NEWSLETTER
Sterling on Friday slipped to a whisker off recent five-month lows against the euro after Brexiteer Boris Johnson moved closer to becoming British prime minister, worrying investors that ...
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By
June 21, 2019
Sterling
BANKING & FINANCE NEWSLETTER
Sterling gave up some of its gains versus the dollar and dropped against the euro on Thursday after the Bank of England slashed its second-quarter growth forecast and ...
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By
June 20, 2019
Pound
BANKING & FINANCE NEWSLETTER
The pound edged higher for a second day on Wednesday, breaking a six-week losing streak, as investors trimmed some large short bets against the British currency built up ...
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By
June 19, 2019
Pound
BANKING & FINANCE NEWSLETTER
Signs that arch-Brexiteer Boris Johnson may be a step closer to becoming Britain’s next prime minister sent the pound tumbling to a five-month low versus the euro on ...
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By
June 18, 2019
Pound
BANKING & FINANCE NEWSLETTER
The pound dived to a near six-month low against the dollar on Monday as concerns grew that arch-Brexiteer Boris Johnson will replace Theresa May as prime minister as ...
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By
June 11, 2019
Pound
BANKING & FINANCE NEWSLETTER
The pound was on track for its biggest daily slide in a month on Monday after data showed the British economy slowed sharply in April with the manufacturing ...
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By
June 8, 2019
Sterling
BANKING & FINANCE NEWSLETTER
Sterling rose to a two-week high on Friday after weak U.S. jobs data weighed on the dollar and bolstered the case for a Federal Reserve interest rate cut. ...
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By
June 7, 2019
Sterling
BANKING & FINANCE NEWSLETTER
The British currency remained firmly within recent ranges on Thursday – a trading slumber analysts say shows little sign of abating until a contest to take over from ...
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By
June 4, 2019
sterling
BANKING & FINANCE NEWSLETTER
Hedge funds stepped up their negative bets on sterling as U.S. President Donald Trump backed hardline British politicians Boris Johnson and Nigel Farage ahead of Britain’s planned withdrawal ...
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By
June 1, 2019
Pound
BANKING & FINANCE NEWSLETTER
The pound was on track for its biggest monthly loss against the euro in two years on Friday, also losing ground against the dollar as currency markets were ...
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