Euro gains and sterling shines as growth optimism cheers investors
LONDON: The euro, the pound and a clutch of trade-sensitive currencies rallied as the dollar slid to a six-month low on Tuesday, with investors...
Dollar falls in thin trade on lower safe-haven demand
NEW YORK: Thin end-of-year volume on Monday exacerbated weakness in the U.S. dollar, which dipped for its third straight session as investors favored riskier...
Dollar records best week in 1-1/2 months on strong data
NEW YORK: The dollar recorded its best week since early November after a series of strong U.S. economic data releases that make a near-term...
Pound slumps as fears of hard Brexit resurface
LONDON: The British pound slumped against the U.S. dollar and the euro in early European trading on Tuesday, following media reports that UK Prime...
Dollar falls 0.6% on US-China deal reports
WASHINGTON: The dollar fell more than half a percent on Friday, with global risk appetite boosted by the apparent clearing of two clouds that...
Sterling derivative markets flash red as British election gets under way
LONDON: Traders rushed to the foreign exchange derivative markets on Thursday to protect their exposure to the British pound in case of a surprise...
Dollar slides on recent round of weak US data sterling, euro rise
NEW YORK: The dollar dropped for a fifth straight session on Thursday, pressured by softer-than-expected U.S. economic data and this week's robust performance by...
Sterling falls as the probability of a hung parliament grows
LONDON: The pound fell on Monday as polls showed a growing probability the Dec. 12 UK election would end in a hung parliament.
British Prime...
Oil jumps above $61 on talk of further OPEC+ supply curbs
LONDON: Oil jumped above $61 a barrel on Monday, supported by hints that OPEC and its allies may agree to deepen output cuts at...
Sterling falls back from near 7-month highs reached on YouGov poll
LONDON: Sterling briefly touched near seven-month highs against the euro on Thursday on a poll predicting a comfortable election victory for the ruling Conservatives,...
