Search Results for: Pound
Dollar recovers after weak start
July 24th, 2018
The dollar pulled back against its major rivals at the start of the new trading week, but has since staged a recovery and is now trading modestly to the upside. Economic data has been sparse Monday and things will ...
Have you ever wondered how much gold is in the FIFA World Cup Trophy?
July 17th, 2018
Arguably the most coveted prize in sport, the FIFA World Cup trophy could not have been made from anything but gold. But RT wanted to find out just how much gold the trophy contains. After the French national team’s ...
Euro nears four-week highs as the Chinese yuan rebounded
July 10th, 2018
The Chinese yuan rebounded and the euro rose to its highest since June 14 on Monday as investors bought riskier assets following favourable U.S. jobs data last week and evidence that global trade tension has not yet slowed economic ...
Asia stocks fall, euro slipped; Key events coming up this week
July 3rd, 2018
Asia stocks extended declines and the yuan slumped once again amid debate surrounding the impact of an escalating trade war and fear of contagion to emerging markets. Treasury yields dipped and the dollar steadied. Share indexes in Tokyo and ...
Dollar rally fizzles on euro bounce; German inflation in focus
June 29th, 2018
The dollar turned lower on Thursday, giving up early gains as rising inflation in some German regions prompted some traders to buy the euro, though rebalancing flows for the half year checked sharp losses. With concerns about trade dominating ...
The dollar held steady against a basket of currencies
June 27th, 2018
The dollar held steady against a basket of currencies on Wednesday, its earlier bounce from two-week lows flagging amid lingering trade conflict concerns. The dollar index against a basket of six major currencies was steady at 94.652 after gaining ...
Oil, the petrodollar, and the next emerging market crisis
June 21st, 2018
Oil prices are up over the past year, which is bad if you’re, say, a developing country that imports a lot of the stuff. But the US dollar (aka the petrodollar) is also up, which compounds the problem because ...
Key Brexit vote likely to prompt volatility in GBP/EUR
June 21st, 2018
MP’s are set to debate the government’s Brexit withdrawal bill for the second time today, after the House of Lords voted to amend the bill and send it back to the lower house on Monday. The key point ...
Asian stocks fell, gold rose, Aussie dollar declined; Key events to watch for this week
June 19th, 2018
Asian stocks fell alongside U.S. equity futures and the yen spiked as the U.S. and China engaged in a new round of trade threats. Gold and Treasuries climbed. The steepest slides were seen in Hong Kong and China — ...
Cryptocurrency tether used to boost bitcoin prices, study finds
June 18th, 2018
There is evidence that tether, a digital currency pegged to the U.S. dollar, may have been used to manipulate the price of bitcoin BTC and other cryptocurrencies, according to a research paper released by the University of Texas on ...
