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INTERNATIONAL FX NEWS


Pound near 3-month high as dollar struggles; Brexit talks weigh

Thursday,   26-Nov-2020   02:51 (IST)

Sterling held near three-month high on Thursday as broadening U.S. dollar weakness offset some of the uncertainty over the outcome of Brexit talks. Traders are looking for progress on a trade deal between Britain and the European Union. A succesful deal is priced in, but fears persist that the discussions could break down. The head of the EU’s executive Commission on Wednesday reported “genuine progress” but said the risk of Britain leaving the EU without a deal on Dec. 31 remained. Sterling, in common with British stocks, has largely shrugged off finance minister Rishi Sunak...

Dollar weak across board; Swedish crown falls after Riksbank QE expansion

Thursday,   26-Nov-2020   02:49 (IST)

The euro rose to a nearly three-month high on Thursday as the dollar went on the defensive on downbeat U.S. economic data and optimism about coronavirus vaccines. Investors sought riskier assets tied ...

Dollar Drifts Lower; Stimulus and Vaccine Optimism Weighs

Thursday,   26-Nov-2020   01:36 (IST)

The dollar traded lower in early European trade Thursday, weighed by downbeat U.S. data while optimism over coronavirus vaccines prompted traders to seek out riskier currencies. At 2:50 AM ET (0750 GM...

Dollar Down Over Weak U.S. Data, But Vaccine Optimism Lingers

Thursday,   26-Nov-2020   08:50 (IST)

The dollar was down on Thursday morning in Asia, subdued by weak U.S. economic data but with lingering optimism over the development of a COVID-19 vaccine leading investors to riskier assets tied to g...

Sterling weaker as traders await Brexit results, Sunak's Spending Review

Wednesday,   25-Nov-2020   03:17 (IST)

Sterling was slightly weaker on Wednesday as the euro rose and traders waited to see whether Britain will be able to clinch a post-Brexit trade deal with the European Union during this week’s ne...

Improved risk appetite keeps dollar depressed

Wednesday,   25-Nov-2020   02:57 (IST)

The dollar nursed losses on Wednesday as progress in developing a novel coronavirus vaccine and expectations for a fiscal boost from a new U.S. government triggered a shift of funds from the greenback...

Dollar Weakens; Vaccines and Likely Stimulus Buoys Risk Appetite

Wednesday,   25-Nov-2020   02:12 (IST)

The dollar continued to weaken in early European trade Wednesday, with riskier currencies more in vogue as investors look to the new administration in the U.S. for additional stimulus amid solid progr...

Dollar under pressure as risk appetite stages a comeback

Wednesday,   25-Nov-2020   09:02 (IST)

The dollar nursed losses on Wednesday as progress in developing a novel coronavirus vaccine and expectations for a fiscal boost from a new U.S. government triggered a shift of funds from the greenback...

Sterling gains as risk sentiment improves

Tuesday,   24-Nov-2020   03:44 (IST)

Demand for riskier assets on Tuesday kept sterling close to the two-month high it reached the day before, with investors also hoping that this week’s Brexit negotiations will result in a deal. N...

Aussie and euro gain as U.S. transition goes ahead; kiwi jumps

Tuesday,   24-Nov-2020   02:37 (IST)

Risk-oriented currencies including the Australian dollar and the euro rose on Tuesday after U.S. President Donald Trump accepted the start of a transition to a Biden regime, that may include former Fe...

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