Pound Lower After Labor Data Surprise - 21 February 2018

21 February 2018 | 3:49 pm

The Pound Sterling fell to a 1-week trough versus the US Dollar after the latest economic data surprised markets.

Dollar Maintains Support as Traders Eye Fed - 21 February 2018

21 February 2018 | 11:06 am

The dollar was higher against its primary trading partners on Wednesday as traders prepared themselves for announcements coming from the Federal Reserve’s latest policy meeting which took place near the end of January.

Profit Taking Shakes Oil Prices

20 February 2018 | 7:24 pm

Oil prices were lower on Tuesday afternoon, weighed by profit taking and a marginally stronger dollar.

Pound Loses Momentum

20 February 2018 | 2:29 pm

The Pound Sterling came under pressure after a US Dollar bounce, and because FX traders are waiting for a read on wage data which is due out on Wednesday.

Stocks Retreat as Dollar Firms

20 February 2018 | 10:37 am

The dollar was higher against its primary trading partners on Tuesday morning as stocks indexes paused their wining streaks.

Dollar Steadies on Data Despite Political Tension

19 February 2018 | 3:38 pm

The U.S. dollar remained steady on Monday morning in London, supported by Friday’s reports that U.S. homebuilding surpassed a one-year high in January and that building permits hit levels not seen since 2007.

Oil Follows Asian Stocks Higher

19 February 2018 | 11:15 am

Oil prices hovered near two-week highs on Monday, buoyed by advances in Asian equity markets, though bears still expect pressure from the low dollar and increased U.S. production to weigh on prices in the coming days.

Stock Market Advances Continue to Surprise

18 February 2018 | 12:27 pm

The S&P 500 closed last week with the strongest gains in five years, even as markets wavered after Special Counsel Robert Mueller issued an indictment for 13 Russian nationals and three Russian companies that are believed to have participated in a scheme to interfere with the results of last year’s U.S. presidential election on behalf of Donald Trump.

Weekly Economic & Political Timeline

18 February 2018 | 11:46 am

This week will see a very light news agenda, with little major central bank input, and a few data items of importance concerning primarily the U.K.

Dollar Headed for Another Weekly Loss

16 February 2018 | 11:06 am

The US Dollar Index held near to a 3-year trough during Asian trading on Friday and is set to record the largest 1-week loss since May.

Pound Higher Ahead of Data

15 February 2018 | 3:59 pm

The Pound Sterling edged higher against the US Dollar and cemented recent gains as FX traders await next week’s earnings data to provide some fresh momentum.

Oil Prices Rise on Saudi Comments

15 February 2018 | 3:54 pm

Saudi Arabian Energy Minister Khalid al-Falih said on Wednesday that OPEC countries will be better served to keep the oil market tight than to abandon its production cuts.

U.S. Dollar Extends Losses as Stocks Gain

15 February 2018 | 10:37 am

Asian stocks headed higher on Thursday, after Wall Street’s surge on Wednesday despite inflation data that indicated more interest rate hikes are looming.

Pound Struggles Ahead of Johnson Speech

14 February 2018 | 1:51 pm

The Pound Sterling struck a 5-week trough versus the common currency Euro as investors wait to hear what the British Foreign Secretary will have to say about the Brexit Process.

Dollar Slides as Yen Hits 15-Month Highs

14 February 2018 | 10:40 am

Investor concerns reared their heads once again on Wednesday in advance of U.S. inflation reports that will either contain the panic or fan the flames later today.

Oil Prices Scale Back on Supply Forecasts

13 February 2018 | 3:56 pm

Oil prices retreated slightly on Tuesday, erasing gains made yesterday after fresh forecasts predicted that supply could surpass demand in 2018 despite OPEC’s best efforts to keep supply contained.

Euro Strengthens After Dollar Sell Off

13 February 2018 | 2:50 pm

The Euro made some gains in Tuesday trading after improvement in the world’s equity markets compelled FX traders to move back to riskier investments.

Global Stocks Continue Rebound

13 February 2018 | 9:50 am

Asian stocks were notably higher on Tuesday, taking cues from Wall Street which had another day of solid gains on Monday.

Increased Risk Appetite Helps Euro

12 February 2018 | 2:48 pm

The common currency Euro moved higher against the US Dollar after some recovery in risk averse sentiment had FX traders reversing Dollar bets.

Stock Markets Seek Stability after Selloff

12 February 2018 | 10:38 am

Asian stock indexes were broadly higher on Monday as markets sought stability after last week’s unexpected volatility.

Weekly Economic & Political Timeline

11 February 2018 | 12:11 pm

This week will see a very light news agenda, with no major central bank input, and a few data items of importance concerning primarily the U.S.A.

Dollar Climbs Despite Equities Rout

8 February 2018 | 4:12 pm

The US Dollar Index struck a 2-week peak as FX traders seek out the Dollar’s relative safety while European equities are in distress.

Pound’s Outlook Dims According to Pollsters

8 February 2018 | 10:47 am

According to the latest polls, the ongoing rally for the Pound Sterling is likely drawing to a close as mounting worries over the Brexit negotiations weigh more heavily.

Stock Markets Stop the Bleeding

7 February 2018 | 3:40 pm

Following Monday’s record-breaking fall by the U.S. stock market, which triggered a broader global sell-off, yesterday saw the market recover considerably

Cautious Investors Seek Safe Haven Yen

7 February 2018 | 1:43 pm

The US Dollar continued to slide against the Japanese Yen, seen by investors as among the safest currencies to buy in times of economic turmoil.

Dollar Sought as Safe Haven After Equities Tumble

6 February 2018 | 2:50 pm

The US Dollar was broadly higher on Tuesday after the fall in global equities had investors looking to lower their risk exposure and seek out the greenback’s relative safety.

Global Stock Selloff Continues

6 February 2018 | 1:45 pm

U.S. stocks were under fire on Monday with the Dow Jones Industrial Average falling nearly 1,600 points at one point and all three major stock indexes erasing all of 2018’s gains thus far.

Dollar Momentum Eases

5 February 2018 | 3:37 pm

The US Dollar couldn’t maintain the momentum after last Friday’s upbeat labor report provided the greenback with a solid lift.

Markets Struggle with Choppy Start to Week

5 February 2018 | 10:07 am

Asian shares were broadly lower on Monday as inflation fears fueled projections that global central banks may tighten monetary policy more aggressively in the near term.

Weekly Economic & Political Timeline

4 February 2018 | 1:09 pm

This week will see a reasonably full news agenda, with the key items of central bank input all concerning the U.K., Australia, and New Zealand.