ShareCast News - Foreign Exchange

FX round-up: Sterling hit by weak data, US dollar strength

(Sharecast News) - Sterling was under pressure on Monday, dragged lower by a spate of weak data out of the UK even as the US currency found a bid against the other majors ahead of a key week for US-China trade talks.
[11 Feb '19 22:20]

FX round-up: Risk aversion sweeps over market ahead of Brexit votes

(Sharecast News) - A succession of bad news out of China resulted in a wave of risk aversion at the start of the week, as investors waited on the results of a raft of key risk events, including trade talks between Washington and Beijing, a US central bank policy meeting, another key Brexit vote in the UK and key data releases on Friday.
[28 Jan '19 18:12]

FX round-up: Pound climbs as MPs push to take 'no deal' Brexit off the table

(Sharecast News) - Sterling is finding a bid in late afternoon trading after a cross-party motion was tabled in parliament in order to head-off the risk of a so-called 'hard Brexit'.
[22 Jan '19 15:00]

FX round-up: Sterling ekes out small gain as PM sets out 'Plan B'

(Sharecast News) - Sterling managed to eke out a small gain at the start of the week, even as the Prime Minister set out her 'Plan B' to Parliament, although the market reaction was very limited, partly due to light trading volumes, given the absence of US traders from their desks on Martin Luther King Jr. Day.
[21 Jan '19 15:20]

FX round-up: Traders cautious ahead of PM's announcement, analysts divided

(Sharecast News) - Sterling gave back a portion of its weekly gains as traders played it safe ahead of another potentially critical week in Britain's withdrawal process.
[19 Jan '19 18:08]

Pound offers 'sizeable' potential from softer Brexit

(Sharecast News) - The pound's reaction to Theresa May huge defeat in the meaningful vote on her Brexit deal was muted on Wednesday, with investors and analysts trying to decipher the political runes for the best way to make a buck.
[16 Jan '19 13:48]

FX round-up: Pound mixed, US dollar stages small bounce

(Sharecast News) - Sterling was mixed on Thursday, slipping against the US dollar but edging higher versus the European single currency.
[10 Jan '19 19:37]

FX round-up: Sterling sees profit-taking as investors wait for Trump speech, Commons vote

(Sharecast News) - Sterling was on the back foot on Tuesday, as traders took profits following recent weakness in the US dollar, ahead of an eagerly awaited speech from the US President and a potentially key vote in Parliament on the Prime Minister's Brexit plans.
[8 Jan '19 19:06]

FX round-up: Dollar gains in risk-off session, amid negative news out of China

(Sharecast News) - Sterling weakened significantly on Wednesday in a 'risk-off' day for financial assets on the heels of a weak reading on a key economic report in China, even as Beijing fired a 'warning shot' across the bow of the government across the Taiwan Strait, in Taipei.
[2 Jan '19 18:13]

Pound pummelled by parliamentary chaos over Brexit

(Sharecast News) - The pound hit a new 2018 low versus the dollar after the government endured the worst performance in parliament since the 1970s.
[5 Dec '18 08:07]



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