• The dollar's performance varied ahead of US inflation data

    7 Feb 2022 04:10 PM |

    The dollar's performance varied at the beginning of the week against the major currencies in the markets after the release of US jobs data.

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  • Currencies under the spotlight amid trade woes

    5 Sep 2018 11:56 AM |

    While the outlook is brighter for the US dollar, it is less rosy for the British pound

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  • Daily wrap up – 5 October

    5 Oct 2017 09:59 PM |

    The US dollar rose today to its highest level in seven weeks as the dollar index reached 93.81 in the light of the continued positive data from the US economy and remains waiting for employment data tomorrow which affected by the recent hurricanes. Today's data showed that the trade deficit shrank for August as exports rose to a two-and-a-half year high.

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  • Daily wrap up – 2 October

    2 Oct 2017 10:54 PM |

    The beginning of the first week of the last quarter of 2017 was very inflammatory. Catalonia held a referendum on secession from Spain and the approval rate reached 90%, but the Spanish government rejected that referendum and considered it illegal. The European Commission supported that view, calling on all parties to sit at the dialogue table.

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  • Daily wrap up – 27 September

    27 Sep 2017 11:33 PM |

    US President Donald Trump on Wednesday offered proposals for tax adjustments that would be the largest in US history, and told reporters at the White House that they would be something special for Americans. The dollar rose over the course of today's trading, as the dollar index rose from a daily low at 92.79 to reach its highest level since August 23 at 93.40.

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  • British unemployment is falling to its lowest levels and fails to spur wages to rise

    13 Sep 2017 11:58 AM |

    British unemployment fell to lowest level is 42 years of 4.3% in the three-month to July, it is the lowest reading since 1975, from a previous 4.4%. Employment levels rose by 181,000 jobs in the last three months to 32.1 million, the strongest since the last quarter of 2015, with employment rate rising to new record highs of 75.3%.

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  • UK house prices rise more than expected in August

    7 Sep 2017 12:30 PM |

    UK house prices rose in August, according to data from Halifax, with prices up by 1.1% versus expectations of a 0.2% rise. Over the course of a year, prices rose by 2.6%.

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  • Daily wrap up – 5 September

    5 Sep 2017 07:33 PM |

    Financial markets are still cautiously following the North Korea's most powerful nuclear test at the end of last week amid news of its intention to launch another missile. US stock markets opened lower after closing yesterday to celebrate the Labor Day.

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  • Saunders, Bank of England member calls for higher interest rates to curb inflation

    31 Aug 2017 11:58 AM |

    Michael Saunders, an external member of the Bank of England's Monetary Policy Committee, said in a speech this morning that explaining his vote to raise interest rates. He said there was a need for a modest rate hike so that high inflation would now return to its target of 2% sustainably.

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