November 2018

(Reuters) – The dollar held near two-week highs on Wednesday, as concerns about Sino-U.S. trade tensions propped up safe haven currencies and as investors awaited cues from the U.S. Federal Reserve on the path of future interest rate increases. The dollar has been under pressure in recent weeks on signs the Fed might slow the […]

(Reuters) –  The euro strengthened against major currencies on Monday, with risk appetite lifted after the European Union and Britain agreed a Brexit deal and signs that Italy is willing to reach a compromise over its 2019 budget plans. Sterling was firmer at around $1.2833 GBP=, as focus turned away from Sunday’s pact with EU

(Reuters) – The euro and sterling climbed higher on Wednesday as investor confidence rose on news Britain had struck a draft divorce deal with the European Union after more than a year of talks. The rise in the euro and sterling led investors to take profits on the U.S. dollar, which has retraced from a

(Reuters) – The dollar built on last week’s gains and rose toward a 16-month high on Monday as traders expect the U.S. Federal Reserve to keep tightening monetary policy, but sterling remained under heavy pressure amid uncertainty over a Brexit deal. The Fed has reaffirmed its plan to raise interest rates by 25 basis points

(Reuters) – The dollar traded in a narrow range versus major peers on Thursday as investors took in the U.S. midterm election results, and turned their focus to the Federal Reserve’s monetary tightening path. The election results were as the market expected; a split Congress with Democrats winning control of the House of Representatives and

(Reuters) – The dollar stuck to tight ranges against its major rivals on Tuesday as investors favoured caution ahead of U.S. midterm elections later in the day. The U.S. congressional election is widely expected to boost the Democratic Party, which has a strong chance of winning control of the House of Representatives, with Republicans seen

(Reuters) – The dollar held steady against most of its major peers on Monday, supported by expectations of tighter U.S. monetary policy, while sterling gave up nearly all its recent gains as investors sought clarity around Brexit. A Sunday Times report that an all-UK customs deal will be written into the agreement governing Britain’s withdrawal

(Reuters) – The British pound jumped on Thursday on a report that Prime Minister Theresa May has struck a deal with Brussels that would give UK financial services companies continued access to European markets after Brexit. Sterling firmed as much as 0.6 percent against the dollar in Asian trading hours following the report by the