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ShareCast News - Foreign Exchange

FX round-up: Pound edges higher, talks between Labour and Government in focus

(Sharecast News) - Sterling edged up on Monday, following remarks from Foreign Secretary Jeremy Hunt, who said during a visit to Japan that talks with Labour - which are set to continue over the Easter recess - had been "more constructive than people thought".
[15 Apr '19 20:55]

China considers ban on bitcoin mining

(Sharecast News) - China's economic planning agency added "virtual currency mining activities" to the list of industries that face a ban in the country.
[9 Apr '19 13:19]

FX round-up: Pound gains versus US dollar, but dips against the euro

(Sharecast News) - The pound was weaker against the euro at the start of the week, as investors waited for a breakthrough on Brexit despite news that talks between the government and the Labour party had failed to yield any concrete results.
[8 Apr '19 22:27]

FX round-up: Traders still wary of accidental 'no deal' Brexit, rupee drops

(Sharecast News) - Sterling got whacked on Thursday after financial markets got wind of attempts by pro-Brexiters in the House of Lords to try and scupper the bill approved by MPs the day before requiring the Prime Minister to consult Parliament on the length of the extension to Article 50 that she would seek from Brussels.
[4 Apr '19 17:25]

FX round-up All eyes on Parliament as pound bounces back, Turkish lira finds a bid

(Sharecast News) - Sterling jumped back at the start of the week, even as investors waited on the results of Monday night's indicative votes in the House of Commons.
[1 Apr '19 15:28]

Pound trades higher as hopes for softer Brexit mount

(Sharecast News) - The pound edged higher on Monday, as the House of Commons geared up for another round of indicative votes on the UK's scheduled departure from the European Union.
[1 Apr '19 12:59]

FX round-up: Traders forced to cover shorts as May packs bags for Strasbourg

(Sharecast News) - News that the Prime Minister might be headed to Strasbourg for a last-ditch attempt to win concessions from Brussels saw skittish FX traders forced into pushing the pound higher.
[11 Mar '19 21:37]

FX round-up: Sterling little changed, Aussie and Loonie weaker

(Sharecast News) - Sterling finished the session flat against the other majors, with traders apparently choosing to stay on the sidelines ahead of the two main risk events of the week: the European Central Bank's policy meeting on Thursday and US non-farm payrolls figures on Friday.
[6 Mar '19 21:54]

FX round-up: Early gains in Sterling peter out, euro weakness in focus

(Sharecast News) - Sterling finished the session little changed as traders continued trying to anticipate what the end-game of the whole Bexit process would end up being.
[4 Mar '19 13:10]

FX round-up: Pound gains amid reports 'Malthouse Compromise' might be dead

(Sharecast News) - Sterling jumped on Tuesday, amid conflicting reports regarding the death of the so-called 'Malthouse Compromise' which called for the Irish backstop to be renegotiated or, failing that, for an orderly 'no deal' withdrawal.
[19 Feb '19 19:21]

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