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Dollar holds near two-and-a-half-month yen high on U.S.-China partial deal, pound stands tall

Monday,   14-Oct-2019   08:53 (IST)

The dollar held near a 2 1/2-month high against the yen on Monday after Washington and Beijing announced progress toward a trade deal, while sterling hovered near a three-month peak on hopes for an orderly British exit from the European Union. On Friday, the dollar strengthened against the safe-haven yen to as much as 108.63 yen , its highest level since August 1, before U.S. President Donald Trump said the United States and China had reached a 'Phase 1' trade deal. It pared those gains after Trump announced the agreement, covering agriculture, currency and some aspects of intellectual...

Pound pinballs over Tusk comments on Brexit

Friday,   11-Oct-2019   03:16 (IST)

Sterling took a wild ride on Friday after top EU official Donald Tusk said that the “time is practically up” for Britain to reach a Brexit deal. Sterling had been at 3-week high after its ...

Aussie dollar up on hopes of US-China trade deal, sterling holds gains

Friday,   11-Oct-2019   02:34 (IST)

The Australian dollar and China’s yuan, often seen as barometers of investor risk appetite, rose on Friday on hopes of progress in U.S.-China trade talks, while optimistic comments from Ireland ...

Sterling shines on Brexit hopes, yen eases on trade optimism

Friday,   11-Oct-2019   09:03 (IST)

Hopes of progress in U.S.-China trade talks and optimistic comments from Europe on Brexit pushed back the safe-haven yen and lifted the British pound and euro early on Friday. Sterling was the biggest...

Dollar heads towards 1-week lows as trade U.S.-China talks get underway

Thursday,   10-Oct-2019   03:00 (IST)

The dollar weakened broadly against its rivals on Thursday as the progress of trade negotiations between the United States and China kept markets on edge with the prospects of a partial deal fuelling ...

Sterling dips to one-month low against the euro ahead of UK-Ireland talks

Thursday,   10-Oct-2019   02:53 (IST)

Sterling dipped to a one-month low against the euro on Thursday ahead of a meeting between the British and Irish leaders as Brexit outcomes remain unclear just three weeks before Britain is due to lea...

Dollar Lower as Speculation Swirls Pre-Trade Talks

Thursday,   10-Oct-2019   01:35 (IST)

The dollar was lower across the board in early trading Thursday amid a welter of often contradictory reports about the upcoming trade talks between the U.S. and China which resume later in Washington....

Yen rises, yuan drops on report of trade-talks stalemate

Thursday,   10-Oct-2019   09:00 (IST)

The yen rose and the yuan fell on Thursday, after a news report said deputy-level trade talks between Chinese and U.S. officials in Washington had failed to make much headway, sending investors scurry...

Australian dollar rises, euro up after China says open for partial trade deal

Wednesday,   09-Oct-2019   04:29 (IST)

Currencies linked with greater investor risk appetite, such as the Australian dollar, jumped on Wednesday after Bloomberg reported China remained open to signing a partial trade deal with the United S...

Sterling rebounds as Brexit breakthrough hopes grow

Wednesday,   09-Oct-2019   03:29 (IST)

Sterling jumped more than 0.5% against the U.S. dollar on Wednesday after the Times newspaper said the European Union was ready to agree to a major concession in Brexit negotiations. The bloc is prepa...