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. 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. 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? 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. 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. 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. 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. 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. UK PMI data also gets revised sharply higher, leading to a rally against US dollar.
Matthew Ryan 7 Jan 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. 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 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. 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? 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. 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. A US-China trade truce has been agreed, but we are still far from a deal.
Matthew Ryan 17 Dec 2019