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Foreign Exchange Analysis Headlines

Dollar drops further on Trump's comments on currency, rate hike

The dollar fell across the board on Friday, as the latest comments by U.S. President Donald Trump complaining about the strength of the greenback and the rise in U.S. interest rates squashed a rally that took it to a one-year high the previous session.

China markets gyrate as yuan hits one-year lows

China's yuan rebounded from more than one-year lows against the dollar on Friday afternoon, driven up on suspected dollar sales by major state banks to prop up a currency that has been hit by a bitter Sino-U.S. trade conflict.

Sterling tumbles after UK parliament vote on trade bill

Sterling dropped to a four-month low against the euro and a three-week trough versus the dollar as investors expected more Brexit challenges after Theresa May's government only narrowly won a vote on a trade bill before the British parliament.