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The pound held firm on Friday after Keir Starmer's centre-left Labour Party was expected to win a huge majority in the UK general election, affording investors some
July 04, 2024
Global stocks hit record highs on Wednesday, driven by a rally in tech shares that has made AI chipmaker Nvidia the world's most valuable company, while the dollar
July 02, 2024
The U.S. dollar regained some ground on Tuesday and hovered near a one-week high against a basket of currencies, ahead of a flurry of employment data that could
December 05, 2023
Global stocks rose on Tuesday, as a wave of risk appetite swept through markets after Federal Reserve officials signaled the recent yield surge could justify caution
October 10, 2023
Global stock markets rose to record highs while U.S.
July 02, 2024
The dollar gained on Wednesday as investors continued to bet on the U.S. economy outperforming peers and was higher for the third day
May 08, 2024
The pound is playing catch-up with the dollar as investors beef up their bullish positions, and may get extra oomph from data this week showing British business
February 20, 2024
The dollar edged lower on Thursday as traders waited for U.S. inflation data to confirm whether bets on as many as five Fed interest rate cuts this year were
January 11, 2024
The dollar headed for its biggest weekly drop in five months on Friday as the prospect of rate cuts from the Federal Reserve versus a tough line from central banks
December 15, 2023
Investors in Japan's yen have jumped at what they see as the clearest sign yet from the country's monetary authorities that the end of ultra-low interest rates is
December 07, 2023
MSCI's global stock index turned higher on Tuesday while the dollar fell as a Federal Reserve official suggested that the U.S. central bank
November 28, 2023
The pound rose on Friday nearing its highest in almost three months, lifted in part by a broad-based retreat in the dollar, but also by a rise in UK bond yields
November 24, 2023
Global shares hovered around three-month highs on Wednesday and the dollar found support as investors tempered some of their earlier enthusiasm about the prospect
November 22, 2023
The dollar nudged higher on Thursday after a volatile two days that saw sharp declines followed by a rebound as traders took incoming economic data as signalling
November 16, 2023
Stocks wobbled on Wednesday after the latest round of earnings prompted concern among investors over the economic outlook, as even Google parent Alphabet
October 25, 2023
Stocks tumbled on Thursday, under pressure from investor caution over the Middle East conflict and from the largest one-week rise in 10-year Treasury yields in 18
October 19, 2023
Global shares steadied on Wednesday, while unease among investors about the risk of a widening conflict in the Middle East translated into a rise in the price of
October 17, 2023
Global shares fell on Tuesday, crushed by a surge in U.S. bond yields that lifted the dollar after Federal Reserve officials served a reminder that borrowing costs
October 03, 2023
Bitcoin slid by almost 6% on Wednesday, having posted its worst monthly performance in April since late 2022, as investors pulled money out of cryptocurrencies
May 01, 2024
– The dollar headed for a fourth weekly gain on Friday even after data showed U.S. inflation did not pick up as strongly as expected in July, reinforcing the existing view among investors that the Federal Reserve is unlikely to raise rates much more. The stronger dollar put the Japanese yen on course to test a key support level, though liquidity was thin with Japan on holiday on Friday. The dollar was last at 144.58 yen having earlier climbed as high as 144.89 yen, its highest since June 30 when it briefly breached 145, a
August 11, 2023
The dollar headed for a fourth weekly gain on Friday after data showed U.S. inflation did not pick up as strongly as expected in July, which helped reinforce the existing view among investors that the Federal Reserve is unlikely to raise rates much more. The stronger dollar put the Japanese yen on course to test a key support level, though liquidity was thin with Japan on holiday on Friday. The yen was flat at 144.72 per dollar in early Asian hours, having earlier traded at 144.89, its weakest since June 30, when it briefly breached
August 11, 2023
