British pound
Pound slides on Bank of England rate cut as investors fret about ‘stagflation’
INVESTORS grappled with a gloomy set of Bank of England forecasts on Thursday that complicate the outlook for UK assets, with sterling set for its biggest one-day fall in four weeks even as bond yield...
Euro tiptoes higher, France turmoil keeps investors on edge
THE euro rose on Tuesday (Dec 3), regaining some poise after political turmoil in France sent traders scrambling for hedging protection against further price swings, while the yuan hit a 13-month low ...
Euro falls against strengthening US dollar amid French political uncertainty
THE euro fell on Monday (Dec 2) versus a strengthening US dollar on growing concerns about a possible government collapse in France, which would stall plans to curb a burgeoning budget deficit.
Euro’s bruising leaves global investors on edge
Europe’s single currency has slumped by around 3.8% against the US dollar in November and now teetering towards the key US$1 mark
US dollar rises against yen on BOJ caution; euro sell-off pauses
THE US dollar climbed against the yen on Monday (Nov 18) after Japan’s top central banker flagged further monetary policy tightening ahead but left open the question of timing, while the euro steadied...
US dollar marches on, Trump trade momentum undimmed
THE US dollar continued its relentless march higher on Thursday (Nov 14), trading at a one-year high against major peers and headed for a fifth straight daily gain fuelled by higher yields and Donald ...
US dollar pulls back from six-month peak after US inflation data
THE US dollar pulled back from a 6½-month high against major currencies on Wednesday (Nov 13) after data showed US inflation for October increased in line with expectations, suggesting the Federal Res...
US dollar set for biggest one-day jump since 2020, Bitcoin hits record as Trump secures White House
THE US dollar was set for its biggest one-day rise since March 2020 against major peers on Wednesday (Nov 6) and Bitcoin jumped to an all-time high after Donald Trump was re-elected president, with th...
US dollar profits from Japan political uncertainty, pound awaits UK budget
THE US dollar hit three-month highs against the yen on Tuesday (Oct 29) as the loss of a parliamentary majority for Japan’s ruling coalition in weekend elections muddied the political and monetary pic...
Yen tumbles after Japan election; US dollar set for biggest monthly rise since 2022
THE yen hit three-month lows on Monday (Oct 28) as investors figured the loss of a parliamentary majority for Japan’s ruling coalition in weekend elections would slow interest rate rises, while the do...
