Edition:
United Kingdom

Ritvik Carvalho

FOREX-Depressed dollar plumbs lowest levels in nearly 3 months, FOMC minutes awaited

25 Nov 2020

LONDON, Nov 25 The dollar traded near its lowest levels in nearly 3 months on Wednesday as progress in developing a novel coronavirus vaccine and expectations for a fiscal boost from a new U.S. government triggered a shift of funds from the greenback to riskier assets.

FOREX-Improved risk appetite keeps dollar depressed

25 Nov 2020

LONDON, Nov 25 The dollar nursed losses on Wednesday as progress in developing a novel coronavirus vaccine and expectations for a fiscal boost from a new U.S. government triggered a shift of funds from the greenback to riskier assets.

Brexit casts long shadow over UK markets

20 Nov 2020

LONDON Britain and the European Union are trying to reach a trade deal to regulate their relationship after Dec. 31, an agreement that should lift some of the uncertainty clouding the UK outlook 4-1/2 years after Britons voted to leave the trading bloc.

Inflation-hedge, risk-on bet: What's behind bitcoin's 2020 rally?

20 Nov 2020

LONDON Is it an inflation hedge? A currency? Or just another niche asset to take a punt on? Bitcoin is in the headlines, re-kindling a debate over its true role and the drivers behind its latest scintillating rally. | Video

Green is the new black in boom for clean energy funds

19 Nov 2020

LONDON Investors are pouring money into green funds, banking on a Joe Biden presidency in the United States for a further boost to the renewable and alternative energy industry at the expense of traditional oil and gas businesses.

FOREX-Euro climbs on vaccine optimism, offshore yuan hits highest since June 2018

17 Nov 2020

LONDON, Nov 17 The euro rose against the dollar on Tuesday, helped by optimism over another coronavirus vaccine, while the Chinese yuan hit its highest against the U.S. currency since June 2018.

FOREX-Vaccine optimism buoys euro, offshore yuan hits highest since June 2018

17 Nov 2020

LONDON, Nov 17 The euro climbed against the dollar on Tuesday, helped by optimism over another coronavirus vaccine, while the Chinese yuan hit its highest against the U.S. currency since June 2018.

Give me a W, V, and a K: describing the post-COVID economic outlook

13 Nov 2020

LONDON What appeared to be a sharp V-shaped growth rebound from the first pandemic lockdown, now seems like a "W" -- these are among the myriad of letters and signs economists are using to describe the outlook for a world turned upside down by COVID-19.

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