MARKET PULSE - CURRENCIES
23 Jun
FX round-up: Sterling gains on dollar thanks to UK policy hawks coming to fore
currencies euro dollar pound money cash sterling

Sterling managed Friday gains on the US dollar thanks to UK monetary policy hawks coming to the fore in recent days, but was otherwise down against a raft of commodity currencies.

Read full story
22 Jun
FX round-up: Sterling mixed, prone to volatility as PM May heads Brussels
Theresa May

Sterling had a mixed Thursday as PM Theresa May went to Brussels to unveil to European leaders her allegedly more generous plans for the rights of EU citizens in the UK.

Read full story
22 Jun
Prudent to wait until December to hike again, Fed's Harker says
cbpatrickharker

In an interview with the Financial Times, the president of the Federal Reserve bank of Philadelphia, Patrick Harker, said it would be "prudent" for the US central bank to defer its next interest rate hike until December, instead of tightening at its September meeting.

Read full story
21 Jun
FX round-up: Sterling ahead as BoE's Haldane hawkish on UK rates

Sterling put in an unfamiliar positive performance on most key crosses Wednesday thanks to a hawkish jawbone on UK interest rates by Bank of England chief economist Andy Haldane.

Read full story
20 Jun
FX round-up: Loveless sterling southbound as Carney jawbones on rates
carney boe bank

Sterling resumed its ride lower again on Tuesday after Bank of England governor Mark Carney said now was not the time to raise UK interest rates.

Read full story
19 Jun
FX round-up: Sterling mixed as UK begins negotiations for so-called Brexit 'wonderland'
Brexit

Sterling was mixed on major crosses as the UK at last disappeared down the burrow of Brexit negotiations in hopes it will emerge in a non-EU wonderland further down the track.

Read full story
19 Jun
Japanese seasonally adjusted trade surplus slips in May
BoJ

Japanese exports and imports failed to rebound in May, suggesting that foreign demand acted as a drag on the broader economy during the second quarter, but some economists were nevertheless optimistic.

Read full story
16 Jun
FX round-up: Sterling drifts through Friday, uncertain of the path forward
money pennys coins

Sterling drifted through mildly choppy Friday trade, uncertain of where to go next as the market continues to assess the more hawkish Bank of England and US Federal Reserve.

Read full story
15 Jun
FX round-up: More hawkish BoE sees sterling shoved higher
Gherkin, City of London and EU flag by Descrier

Sterling got a firm shove higher thanks to a more-hawkish-than expected leaning by Bank of England's policy makers in holding the benchmark rate and QE unchanged.

Read full story
15 Jun
Reliance Industries, BP progress on developing gas fields offshore India
india

BP and Reliance Industries announced they were taking the next step to develop the massive natural gas fields offshore eastern India.

Read full story
14 Jun
FX round-up: Sterling gains on limp dollar ahead of expected Fed rate hike
cbyellen

Sterling managed gains against a limp US dollar but was otherwise lower on key crosses, with global markets now on 'Fed Watch' ahead of the US interest-rate call tonight.

Read full story
13 Jun
FX round-up: Sterling gets a CPI boost as dollar steady ahead of Fed rate call
federal reserve

Sterling put in a plucky performance on major crosses Tuesday as a surprise rise in UK consumer inflation gave the British unit a boot higher.

Read full story
12 Jun
FX round-up: Sterling thrashed on political worries, ahead of Brexit talks
Gherkin, City of London and EU flag by Descrier

Sterling was soundly thrashed on Monday as faithless traders sold the British unit on political worries and ahead of Brexit talks beginning next week and central-bank rate calls by the US and UK on Wednesday and Thursday.

Read full story
12 Jun
Pound sinks amid political jitters, Moody's election warning

Sterling slipped back below $1. 27 on Monday amid UK political instability as Theresa May met with Conservative party MPs to argue for her future as the Prime Minister, while doubts were cast over the country's credit rating.

Read full story
09 Jun
FX round-up: Sterling a ballot-box victim for second time in 12 months
libra 630 inglaterra uk pound

The polls suggested a hung parliament was a real possibility and PM Theresa May's snap election made it a reality. The ballot box victim -- for a second time in a little less than 12 months -- was sterling, as widely expected.

Read full story
09 Jun
China CPI gains in May but underlying pressures limited
0cb869

Consumer price gains in China accelerated during the month of May but economists warned that the underlying pressures were pointing in the opposite direction.

Read full story
08 Jun
FX round-up: Sterling endures mixed election day amid market caution
mapa londres big ben

Sterling had something of a mixed 'blockbuster' Thursday as the UK public turned out to vote in PM Theresa May's snap general election, which has seen caution blanket the market.

Read full story
07 Jun
FX round-up: Sterling up as markets await outcome of UK election
vote

Sterling checked out of Wednesday on an overall positive note, but its performance over the rest of the week remains inherently linked to the outcome of the UK general election.

Read full story
07 Jun
ECB set to lower euro area inflation forecasts, report says
0cb1089

The single currency weakened after Bloomberg reported that the European Central Bank might be set to lower its short and medium-term forecasts for inflation in the Eurozone.

Read full story