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ShareCast News - Foreign Exchange

FX round-up: Cable dips alongside US dollar

(Sharecast News) - 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.
[24 Jun '19 19:26]

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

(Sharecast News) - 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.
[21 Jun '19 13:35]

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

(Sharecast News) - 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 '19 15:41]

FX round-up: Traders look past BoE, Fed and push pound lower

(Sharecast News) - 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.
[17 Jun '19 19:49]

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

(Sharecast News) - 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.
[28 May '19 16:38]

Sterling drops below $1.27 for first time since January amid Brexit woes

(Sharecast News) - Sterling fell below $1.27 on Tuesday for the first time since mid-January, weighed down by worries about Brexit.
[21 May '19 09:43]

FX round-up: Rabobank says risks for the pound lie to the downside

(Sharecast News) - Sterling was little changed at the start of the week, as investors bid their time ahead of the European parliamentary elections, which some - albeit not all - observers said would serve as a proxy vote on Brexit.
[20 May '19 16:36]

Sterling under pressure as cross-party talks collapse

(Sharecast News) - Sterling was under pressure on Friday, dropping below $1.28 for the first time since February as it emerged that Brexit talks between the government and the Labour party have collapsed, increasing the risk of the UK leaving the EU without a deal.
[17 May '19 10:53]

FX round-up: Political uncertainty takes its toll on Sterling, UK data back in focus

(Sharecast News) - Sterling gave back ground on Wednesday amid a significant amount of 'market chatter', ahead of the 23 May elections to the European Parliament, regarding pressure on the Prime Minister to quit.
[8 May '19 20:53]

FX round-up: Pound gains as PM pushes for end to Brexit talks with Labour

(Sharecast News) - Sterling strengthened on Tuesday, as traders played it safe ahead of the US central bank's policy announcement the next day and on the back of reports that the government was aiming for closure in talks with Labour.
[30 Apr '19 19:11]

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