{{ storiesRelated.title }}

boris johnson jeremy hunt brexit reino unido
Pound tumbles on heightened Brexit fears

The pound took a hammering on Tuesday, falling to fresh lows against the dollar and euro on renewed fears that the UK will crash out of the European Union without a deal this autumn.

09 Jul
FX round-up: Pound hits two-year low after House speaker passes over Grieve amendment

An already weak pound was further undermined mid-morning after the speaker of the House of Commons did not choose the Grieve amendment among those to be voted on later in the day, with John Bercow's decision serving to send Sterling to a two-year low.

08 Jul
FX round-up: Pound little changed as traders mull 'no-deal' downside

Sterling was little changed at the start of the week, as Conservative party members began voting on 6 June to choose between Boris Johnson and Jeremy Hunt as their next leader.

05 Jul
brexit-royaume-uni-union-europeenne-commission-bruxelles-parlement-drapeau 20171017173232
FX round-up: Pound knocked lower by strong US jobs report for June

Cable was knocked lower at the end of the week following the release of a stronger than expected US jobs report for June that saw some economists either trim or push back their forecasts for interest rate cuts by the Federal Reserve at its next meeting on 30-31 July.

04 Jul
brexit-royaume-uni-union-europeenne-commission-bruxelles-parlement-drapeau 20171017173232
FX round-up: Some analysts eye pound strength ahead, anticipate second Brexit delay

It was a quiet day of trading in foreign exchange markets on Thursday, with many traders in the City mimicking their counterparts in the US, who were for the most part absent from their desks on account of the 4 July holiday.

04 Jul
Bank of Russia flags possible interest rate cut in July

Bank of Russia may cut its official interest rates again at the end of the month, perhaps even by as much as 50 basis points.

01 Jul
Chinese manufacturing sector shrinks unexpectedly in June

Activity in China's manufacturing sector cooled further last month, prompting some analysts to anticipate slower economic growth overall and additional monetary easing from the People's Bank of China.

27 Jun
ep bitcoin 20190220104303
Bitcoin volatility returns with price falling $1,800 in ten minutes

Bitcoin fell by over $1,800 in price in just a 10 minute time span on Wednesday as the 39% jump in prices seen since the start of the week that sent the crypto-currency as high as $13,852 triggered finally buckled.

26 Jun
ep bitcoin 20190220104303
Bitcoin hits $12,900 as analysts spy all-time highs

Bitcoin’s price reached $12,900 for the first time since January 2018 on Wednesday following a furious 14% which has left speculators chomping at the bit in hopes of a further rally up to its 2017 highs or even further.

24 Jun
FX round-up: Cable dips alongside US dollar

Sterling was on the back foot at the start of the week, with all eyes on whether the front-runner to become the next Prime Minister, Boris Johnson, would participate would join a planned debate on Sky on Tuesday.

21 Jun
FX round-up: Euro extends bounce as Draghi broaches need for fiscal stimulus, Fed doves cry

Sterling was on the back foot at the end of the week, especially against the European single currency, as European Central Bank chief Mario Draghi warned a meeting of European Union leaders that in case of a deterioration in the outlook, fiscal policy would need to become much more expansionary than currently projected in 2020.

18 Jun
FX round-up: Euro dips as ECB sounds very dovish note

Sterling was slightly higher on Tuesday, as voting got under way in the second round of voting to choose the next Tory leader and European Central Bank chief Mario Draghi said rate-setters in the Eurozone were not resigned to simply accepting low inflation.

18 Jun
libra facebook
Facebook unveils Calibra, the new digital wallet for its crypto Libra

Facebook announced on Tuesday that it will open a new digital wallet called Calibra to allow users to trade its new cryptocurrency Libra by 2020.

18 Jun
pound coin 3005870 640
FX round-up: Traders look past BoE, Fed and push pound lower

Sterling continued drifting lower at the start of the week, even as traders waited on the result of policy meetings at the Bank of England, US Federal Reserve and Bank of Japan scheduled for over the coming week.

29 May
steven-mnuchin 20171015141818
US refrains from labeling China a currency manipulator

The US Treasury Department passed on the chance of labeling China a currency manipulator on Tuesday.

28 May
FX round-up: US dollar gains on US-China trade rhetoric, pound 'shorts' pile up

The pound traded on a mixed note on Tuesday, as traders digested the results of the elections to the European Parliament at the weekend and continued hawkish rhetoric on trade out of the US and China.