Edition:
United Kingdom

Saikat Chatterjee

Pound recovers briefly vs euro on Brexit backstop hopes

20 Aug 2019

LONDON Sterling briefly rebounded from near three-year lows versus the euro on Tuesday after German Chancellor Angela Merkel said the European Union would think about practical solutions regarding the post-Brexit Irish border.

FOREX-Euro gains after biggest weekly drop in 6 weeks; Swiss franc firm

19 Aug 2019

LONDON, Aug 19 The euro advanced on Monday after registering its biggest weekly drop in nearly two months as risk appetite gradually returned to global markets after a week of turmoil, though investors were still wary about the near term outlook for the single currency.

FOREX-Euro gains after biggest weekly drop in 6 weeks as risk appetite returns

19 Aug 2019

LONDON, Aug 19 The euro steadied on Monday after suffering its biggest weekly drop in nearly two months as risk appetite gradually returned to global markets after a week of turmoil.

Data, politics fuel big gains for pound vs euro, dollar for the week

16 Aug 2019

LONDON The pound advanced broadly on Friday, notching up its biggest daily rise versus the euro in nearly five months, as a combination of news and decent data provided enough ammunition to speculators to buy the struggling British currency. | Video

British inflation data offers support to struggling pound

14 Aug 2019

LONDON The pound edged higher on Wednesday after inflation picked up in July, but the currency held within sight of a two-and-a-half year low as brewing concerns about a no-deal Brexit weighed on investor sentiment.

Yen surges to 1-1/2 year highs as rush for safety escalates

12 Aug 2019

LONDON The yen rose to its highest level in more than 1-1/2 years versus the dollar on Monday as investors ramped up bets that the Japanese currency could gain more in the case of a prolonged China-U.S. trade conflict.

FOREX-Yen surges to 1-1/2 yr highs as rush for safety escalates

12 Aug 2019

LONDON, Aug 12 The yen rose to its highest level in more than 1-1/2 years versus the dollar on Monday as investors ramped up bets that the Japanese currency could gain more in the case of a prolonged China-U.S. trade conflict.

FOREX-Yen shines as hedge funds flee from short bets

12 Aug 2019

LONDON, Aug 12 The yen gained on Monday, rising to its highest against the dollar in nearly a year and a half as hedge funds bought the Japanese currency on concerns that a prolonged China-U.S. trade war could tip the global economy into recession.

UPDATE 3-Italy yields set for biggest weekly rise in 2019 as government on brink of collapse

09 Aug 2019

* Yields up 27 bps after League leader calls end to government

FOREX-Rate cuts, China data caps dollar gains

08 Aug 2019

LONDON, Aug 8 The dollar steadied on Thursday as risk sentiment rose after resilient Chinese trade data and as Beijing's efforts to slow a slide in the value of the renminbi encouraged investors to buy riskier currencies.

World News

EU rebuffs Johnson's Brexit gambit

The European Union on Tuesday rebuffed Prime Minister Boris Johnson's demand that it reopen the Brexit divorce deal, saying Britain had failed to propose any realistic alternative to an agreed insurance policy for the Irish border.