Pound Feeling Pressure Ahead of Summit - 15 October 2018

15 October 2018 | 2:51 pm

The Pound Sterling traded close to a 1-week trough as negotiators for the Brexit deal have hit a stumbling block.

Major Traders Control the Future of Bitcoin - 15 October 2018

15 October 2018 | 10:42 am

A study conducted by an observatory of the digital currency market shows that the largest Bitcoin holders are a variety group that can contribute to price stability instead of destabilizing the market.

Weekly Economic and Political Timeline

14 October 2018 | 11:32 am

This week is likely to be more active, as there is significantly more important data scheduled for release this week compared to last week.

Global Equity Rout Hits Dollar

12 October 2018 | 9:53 am

The two day rout in global equities is taking its toll on the US Dollar Index which was trading close to a 2-week low during Asian trade on Friday.

Pound Higher Despite Market Worries

11 October 2018 | 2:06 pm

Though encouraging signs have crept into the negotiations between the European Union and the British government, FX traders are still wary that the trade issue surrounding the Irish borders will continue to be a sticking point that could derail the process.

Stock Prices Plummet Worldwide as Fears Continue

11 October 2018 | 8:20 am

As selloff on Wall Street on Wednesday sparked fears of contagion worldwide, sending Asian markets broadly lower and positioning European markets for an expected triple-digit loss on the open today.

Optimism Offers Support to Pound

10 October 2018 | 2:45 pm

Before it retreated, investor optimism had helped to push the Pound Sterling to a 3½ month peak versus the Euro as the news media reported that a Brexit deal will likely be struck soon.

Dollar Slips from Seven-Week Highs

10 October 2018 | 9:51 am

The U.S. dollar traded modestly lower on Wednesday morning in Asia while the British pound headed higher on hopes that a Brexit deal may be forthcoming.

Euro Lower on Italy Budget Woes

9 October 2018 | 2:17 pm

The common currency Euro remained close to a 7-week trough as worries about the Italian budget persisted which raised new concerns within the European Union.

Stock Markets Down on Global Worries

9 October 2018 | 9:30 am

Asian stocks hit 17-month lows on Tuesday as investor concerns about the state of the global economy continued to pressure markets.

Pound Lower Despite Brexit Hopes

8 October 2018 | 1:59 pm

The Pound Sterling lost momentum on Monday despite word that the British government is close to having a deal in place by next month.

Oil Drops on Sanction Reconsiderations

8 October 2018 | 9:47 am

Oil prices declined on Monday morning after Washington weighed the possibility of waiving some of the sanctions it plans to bring upon Iran next month.

Weekly Economic and Political Timeline

7 October 2018 | 11:34 am

This week is likely to be dull, as there is very little important data scheduled for release compared to a typical agenda.

Wall Street Ends Week on Sour Note

7 October 2018 | 10:50 am

All three major Wall Street indexes closed lower on Friday with the S&P 500 falling nearly 1 percent for the week, its worst weekly performance in nearly a month.

Dollar Broadly Higher on Treasury Yields

5 October 2018 | 9:59 am

The US Dollar was broadly higher as FX traders assessed the effects of a rout in global sovereign bonds that helped to boost yields on US Treasury instruments.

Pound Higher on Irish Border Hopes

4 October 2018 | 3:01 pm

The British Pound edged higher and moved away from the recently struck 4-week trough after it was reported that Ireland intends to support the Prime Minister's proposal with the European Union.

Oil Prices Recede from Four-Year Highs

4 October 2018 | 9:18 am

Oil prices were lower during Thursday’s Asian trading session after hitting four-year highs on Wednesday.

Pound Higher Ahead of May Speech

3 October 2018 | 1:40 pm

The British Pound moved away from a 3-week trough as FX traders await the Prime Minister's speech which could help revive sentiment for the beleaguered currency.

Italy Woes Threaten Euro

3 October 2018 | 9:20 am

The dollar traded near one-month highs early in Wednesday’s Asian session after comments out of Italy shook the currency markets on Tuesday and the fear crept into Wednesday’s Asian trading session.

Euro Lower on Italian Noise

2 October 2018 | 1:44 pm

The Euro earlier struck a 6-week trough after an Italian official claimed that the resolution to Italy's problems would be to abandon the Euro.

Markets Remained Plagued by U.S.-Sino Trade Tensions

2 October 2018 | 9:36 am

Asian stock markets remained mostly in the red on Tuesday afternoon as traders remained apprehensive about the trade war that appears to be heating up between the U.S. and China.

Pound Higher Despite Wary Trade

1 October 2018 | 1:37 pm

The Pound Sterling got a boost against the US Dollar

Loonie Higher on NAFTA Hopes

1 October 2018 | 11:36 am

The US Dollar edged lower versus the Canadian Dollar during Monday trade in Asia as investors await the upcoming NAFTA deadline.

Weekly Economic and Political Timeline

30 September 2018 | 11:16 am

This week is likely to be active, as although there is less important data scheduled compared to last week, we will get the U.S. Dollar-related Non-Farm Payrolls data at the end of the week.

Nikkei Hits 27-Year High

28 September 2018 | 10:18 am

Japan’s Nikkei soared to a 27-year high on Friday, boosted by a stronger dollar and Wall Street’s gains on Thursday.

Italy Budget News Weighs on Euro

27 September 2018 | 1:28 pm

As the third largest economy in the Eurozone, the news that there will likely be a postponement of Italy's budget meeting resulted in nervous investors.

Fed Raises Rates – and Starts a Trend?

27 September 2018 | 8:58 am

Federal Reserve raised interest rates a quarter point on Wednesday and remained committed to gradually tightening monetary policy in light of its expectation for economic growth this year and next.

Caution Sends Pound Lower

26 September 2018 | 1:59 pm

While cautious optimism has managed to provide the Pound Sterling with some support, the doubting factions have capped momentum and pushed the Pound lower during Wednesday trade in London.

Dollar, Stock Indexes Steady Before Fed

26 September 2018 | 9:14 am

The dollar traded in a tight range on Wednesday.

Sterling Still Gaining

25 September 2018 | 2:30 pm

Sterling continues to move higher with a general improvement in investors' risk appetite as hopes continue to rise that the UK government will be able to secure a Brexit deal.