Currency Updates

Trade jitters, Trump impeachment inquiry sends dollar lower

T

rade jitters, Trump impeachment inquiry sends dollar lower. Investors eye UK opinion polls ahead of the 12th December election.

Written by

Matthew Ryan

LATEST

Powell rebuffs calls for more US interest rate cuts. UK inflation slumps to 3 year lows, well below the Bank of England’s 2% target.
Matthew Ryan 14 Nov 2019



Trump claims trade deal ‘close’, but offers no new details. Johnson extends his lead in the polls, UK inflation numbers out this morning.
Matthew Ryan 13 Nov 2019



Pound retreats from new highs after Farage election announcement. Investors keep a close eye on Trump’s feelings towards the US-China trade war.
Matthew Ryan 12 Nov 2019



Dollar bounces back on economic optimism, higher yields. The Bank of England delivered a dovish surprise, with 2 dissenters to keeping the rate steady.
Enrique Díaz-Álvarez 11 Nov 2019



Optimism surrounding the striking of a possible US-China trade deal swept through financial markets on Thursday, lifting risk assets and triggering a reversal in recent safe-haven flows.
Matthew Ryan 8 Nov 2019



Safe-havens gained, while emerging market currencies sold-off on Wednesday on expectations that the yet to be ratified ‘phase one’ trade agreement between the US and China may have to wait until December before signed off.
Matthew Ryan 7 Nov 2019



Hopes that US President Trump could be ready to roll back some of the tariffs he imposed on China as part of the ‘phase one’ trade deal helped boost the dollar against the safe-haven currencies on Tuesday, as did an increase in US Treasury yields.
Matthew Ryan 6 Nov 2019



Markets take a breath after frantic few days of news. Investors attention turns to the Bank of England quarterly Inflation Report on Thursday.
Matthew Ryan 5 Nov 2019



US Dollar sells off amid improved global sentiment. The UK has set the date for a general election in the hopes of reaching a Brexit solution.
Enrique Díaz-Álvarez 4 Nov 2019



Santander invests £350 million in Ebury, a best in-class trade and FX facilitator for SMEs, to strengthen its Global Trade Services offer
Eleanor Stevenson 4 Nov 2019



Is the Federal Reserve done cutting interest rates? Boris Johnson’s party are well ahead in current polls for the 12th December election.
Matthew Ryan 31 Oct 2019



Federal Reserve set to cut rates for a third time this year. UK politicians agree to a general election on the 12th December.
Matthew Ryan 30 Oct 2019



Join our Key Account Director, Qi Yan, as she talks through the latest news in Sterling, US Dollar and Euro.
Eleanor Stevenson 29 Oct 2019



Johnson to try again with election push after MPs vote. Christine Lagarde has now stepped up as President of the European Central Bank.
Matthew Ryan 29 Oct 2019



Sterling pulls back as general election vote looms in UK. Perceived likelihood of a US-China trade deal sends equity markets to fresh highs.
Enrique Díaz-Álvarez 28 Oct 2019