Edition:
United Kingdom

Richard Pace

RPT-Coming back to life: Euro bulls eye $1.20 and beyond

15 Jun 2020

LONDON, June 12 Financial markets may be in the process of repricing the world's most-traded exchange rate, with derivative contracts suggesting the euro could surge by as much as 6% against the dollar to $1.20 by year-end.

Coming back to life: Euro bulls eye $1.20 and beyond

12 Jun 2020

LONDON Financial markets may be in the process of repricing the world's most-traded exchange rate, with derivative contracts suggesting the euro could surge by as much as 6% against the dollar to $1.20 by year-end.

RPT-U.S. Fed's emergency cut unleashes euro bulls

04 Mar 2020

March 4 Investors have turned their most bullish on the euro since November 2016, with the Federal Reserve's Tuesday interest rate encouraging some to price in further gains against the dollar.

U.S. Fed's emergency cut unleashes euro bulls

03 Mar 2020

Investors have turned their most bullish on the euro since November 2016, with the Federal Reserve's Tuesday interest rate encouraging some to price in further gains against the dollar.

Options markets flash euro warnings after currency plunges past $1.08

19 Feb 2020

The euro's tumble below $1.08 for the first time in three years may be only the first milestone in its downward journey, with global newsflow, economic data and option market positioning all seemingly stacked against the single currency.

Even as pound rallies, traders wary of post-election downside, options show

10 Dec 2019

LONDON Expectations of a Conservative Party victory in Thursday's UK election have sent the pound rocketing - but some investors are hedging themselves against a surprise outcome that could deal the currency a mighty blow.

Even as pound rallies, traders wary of post-election downside, options show

10 Dec 2019

* Sterling has rallied as polls point to Conservative majority

Pound returns to the fray after court verdict respite

27 Sep 2019

LONDON Fading hopes that Tuesday's UK Supreme Court verdict quashing Prime Minister Boris Johnson's suspension of parliament marked a big step back from a no-deal Brexit have seen the pound's gains dissolve as investors prepare for yet more uncertainty.

RPT-Investors brace for more euro pain as U.S. economy, dollar flex muscles

26 Apr 2019

LONDON, April 25 After the euro's slide to 22-month lows against the dollar, investors are scrambling to shield themselves from more weakness as Europe's poor data contrasts with an upbeat U.S. economy that is sending the dollar surging.

Investors brace for more euro pain as U.S. economy, dollar flex muscles

25 Apr 2019

LONDON After the euro's slide to 22-month lows against the dollar, investors are scrambling to shield themselves from more weakness as Europe's poor data contrasts with an upbeat U.S. economy that is sending the dollar surging.

World News

U.S. announces new Nagorno-Karabakh ceasefire as fighting persists

The United States on Sunday said a new humanitarian ceasefire will take effect on Monday in the conflict between Azerbaijan and Armenia over the enclave of Nagorno-Karabakh, even as fresh fighting erupted between the two sides who blame each other for the failure of previous truces.