Currency Updates

Dollar gains on better-than-expected US retail sales

D

ollar gains on better-than-expected US retail sales. Minutes from the ECB meeting strike an optimistic tone, but go under the radar.

Written by

Matthew Ryan

LATEST

US and China finally sign off on ‘phase 1’ trade deal
US and China finally sign off on ‘phase 1’ trade deal. Disappointing UK inflation data puts pressure on the BoE to cut rates at the end of this month.
Matthew Ryan● 16 Jan 2020


Pound reverses losses ahead of UK inflation data
Pound reverses losses ahead of UK inflation data. US and China to sign phase 1 trade deal at around 16:30 UK time this afternoon.
Matthew Ryan● 15 Jan 2020


Will the Bank of England cut interest rates this month?
Will the Bank of England cut interest rates this month? US and China set to sign a ‘phase 1’ trade deal at the White House tomorrow.
Matthew Ryan● 14 Jan 2020


Emerging market currencies rally as Iran tensions cool
Emerging market currencies rally as Iran tensions cool. Data out of the Eurozone has taken a turn for the better, but negative rates weigh heavily.
Enrique Díaz-Álvarez● 13 Jan 2020


Sterling falters as BoE’s Carney hints at interest rate cut
Sterling falters as BoE’s Carney hints at interest rate cut. Comments from Fed Reserve members hint that interest rates will remain on hold in 2020.
Matthew Ryan● 10 Jan 2020


US-Iran tensions ease as Trump foregoes military action
US-Iran tensions ease as Trump foregoes military action. Investors are now fully pricing in that the UK will not be leaving with a no deal.
Matthew Ryan● 9 Jan 2020


Iran attack on US troops triggers wave of risk aversion
Iran attack on US troops triggers wave of risk aversion. Boris Johnson’s Brexit deal has returned to the House of Commons.
Matthew Ryan● 8 Jan 2020


Euro rises above 1.12 level on higher services PMI
Euro rises above 1.12 level on higher services PMI. UK PMI data also gets revised sharply higher, leading to a rally against US dollar.
Matthew Ryan● 7 Jan 2020


What to expect in the currency markets in 2020
2019 was another eventful year in the currency markets. Ongoing trade tensions between the US and China dominated much of the headlines.
Matthew Ryan● 6 Jan 2020


Dollar trades lower as geopolitical risks rise
Dollar trades lower as geopolitical risks rise. Boris Johnson has until the end of June to ask for an extension to the transition period.
Enrique Díaz-Álvarez● 6 Jan 2020


Sterling enters the New Year on the front foot
Sterling enters 2020 on the front foot. The euro has been supported by increased global optimism, investors now looked for improved data out of the EU.
Matthew Ryan● 2 Jan 2020


UK parliament set to vote in favour of PM’s Brexit deal
UK parliament set to vote in favour of PM’s Brexit deal. Chief Executive of the FCA, Andrew Bailey, has been announced as Mark Carney’s successor.
Matthew Ryan● 20 Dec 2019


Trump impeached: Why the lack of dollar reaction?
Trump impeached: Why the lack of dollar reaction? The Bank of England will release the minutes from their latest meeting this afternoon.
Matthew Ryan● 19 Dec 2019


Sterling gives up election gains on fresh Brexit concerns
Sterling gives up election gains on fresh Brexit concerns. A strong data out of Germany has raised hopes of a pick up in activity in the Eurozone.
Matthew Ryan● 18 Dec 2019


Pound slumps one percent on renewed Brexit concerns
Pound slumps one percent on renewed Brexit concerns. A US-China trade truce has been agreed, but we are still far from a deal.
Matthew Ryan● 17 Dec 2019