FX News
Looking to gain that extra insight into the FX markets? Every morning our team hunts down the latest news that will affect your currency transfer rate, so you know what to expect over the coming day/week.
Check out our blog every morning to see the latest news that will affect your currency transfer rate, so you know what to expect over the coming day/week.
The weakening US jobs market is impacting on consumer confidence as retail sales unexpectedly declined for the third consecutive month in June. This latest release is a sign that the US economic recovery is losing momentum and will put pressure on the Fed to provide additional stimulus to the economy.
VIEW FULL ARTICLEPosted in Daily Market News on May 30 2014 by alex
Most of last week saw sentiment decidedly risk adverse with the news flow giving little reason to change. The eurozone debt crisis rumbled on resulting in EUR/USD languishing near a two year low and GBP/EUR reaching a 30 month high.
VIEW FULL ARTICLEPosted in Daily Market News on May 30 2014 by alex
The euro slipped towards two-year lows on Friday after a Moody's downgrade on Italy that added to an already bearish stance on the single currency, while commodity currencies rose on growth figures from China that met expectations.
VIEW FULL ARTICLEPosted in Daily Market News on May 30 2014 by alex
The US Federal Reserve minutes from the June rate meeting signalled that a further economic slowdown would bring growing support for additional stimulus. The Fed recently extended its “Operation Twist” programme, essentially swapping short term bonds for long-term ones, through to the end of the year but now talk has turned to whether...
VIEW FULL ARTICLEPosted in Daily Market News on May 30 2014 by alex
The UK trade deficit produced a positive surprise in May due to stronger exports, in particular passenger cars. The trade shortfall in goods narrowed to £8.4bn from £9.1bn in the previous month as exports increased by 6.6% in volumes terms, mainly due to demand from non-EU countries.
VIEW FULL ARTICLEPosted in Daily Market News on May 30 2014 by alex
Spanish and Italian 10-year bond yields were hit yesterday as investors sought better returns for the risks they are prepared to take. Spanish 10-year debt rose above the 7% threshold, considered to be unsustainable by the markets and the level that has historically caused issues for Greece and Ireland.
VIEW FULL ARTICLEPosted in Daily Market News on May 30 2014 by alex
The mood on the markets took a downturn at the end of last week. Concerns about the prospects for global economic growth were hit by negative comments from ECB president Draghi following Thursday’s rate cut.
VIEW FULL ARTICLEPosted in Daily Market News on May 30 2014 by alex
In the space of less than an hour yesterday three central banks took action to stimulate their economies, although suggestions of coordinated action were played down. First out of the blocks was the Bank of England who kept rates on hold and voted in favour of an additional £50bn of...
VIEW FULL ARTICLEPosted in Daily Market News on May 30 2014 by alex
The markets are eagerly awaiting ECB and BoE's monetary policy decisions. The recent run of weak economic data has raised expectations that both central banks will be forced to take further action to stimulate growth. We expect an additional £50bn of quantitative easing in the UK, and the ECB to...
VIEW FULL ARTICLEPosted in Daily Market News on May 30 2014 by alex
Activity is expected to be subdued with U.S. markets closed for the Independence Day holiday, and meetings of European Central Bank and the Bank of England policy makers on Thursday.
VIEW FULL ARTICLEPosted in Daily Market News on May 30 2014 by alex
- 2020
- 2019
- 2018
- 2017
- 2016
- 2015
- 2014
- 2013
- 2012
- 2011
- 2010
Archives
- 2020
- 2019
- 2018
- 2017
- 2016
- 2015
- 2014
- 2013
- 2012
- 2011
- 2010