In a continuation of last week’s troubles, the US dollar has been weakened by worries that the US-China trade spat could soon escalate. The ball is currently in the US’s… Read more »
This improvement in the pound US dollar exchange rate is mainly down to US economic uncertainty, which has made the pound the more appealing currency of the two. US dollar… Read more »
The rise follows a statement from European Commission President Jean-Claude Juncker. He said: “We respect the British decision to leave our union. But we also ask the British government to… Read more »
The GDP reading was accompanied by growth rate stats for the three months to the end of July – on average, the pace of UK economic growth rose from 0.4… Read more »
The pound continues to tear higher against the US dollar, with the pairing now striking a one-month high. Initial gains this morning are largely a result of lingering Brexit optimism… Read more »
Speaking to the Wall Street Journal, US President Donald Trump spoke of America’s long-standing good relationship with Japan. He said: “That will end as soon as I tell them how… Read more »
The pound has recovered around half of its weekly losses since the report came out yesterday and this has continued to support the pound today. The claims, made by an… Read more »
The US dollar has easily capitalised on fresh Brexit jitters, against general higher market demand for ‘safe haven’ currencies. On top of a broadly stronger US dollar, the primary reason… Read more »
The latest PMI reading revealed a dip from 54 points to 52.8; economists had been expecting a smaller decline to 53.8 points. IHS Markit complies UK manufacturing PMI data and… Read more »
With the likelihood of a deal between the UK and EU looking more likely after Michel Barnier’s statement, as well as there being stronger demand for “safe haven” currencies, the… Read more »
