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Foreign Exchange Analysis Headlines

Sterling drops on Brexit trade deal concerns, BoE nerves

Britain's pound slipped to a one-week low versus the dollar and weakened against the euro on Tuesday on concern about Britain's future relationship with the European Union and ahead of a Bank of England meeting that could see an interest rate cut.

Safe havens up, Aussie, yuan weaken as coronavirus toll rises

The U.S. dollar index, the Japanese yen and the Swiss franc strengthened on Monday, while the offshore yuan tumbled and the Australian dollar notched a four-month low as fears about the spread of the coronavirus in China pushed investors into safe-haven assets.

Dollar up vs euro as ECB holds rates steady, launches review

The dollar rose against the euro on Thursday after the European Central Bank held interest rates steady and launched a broad review of its policy that was likely to see new President Christine Lagarde redefine the ECB's main goal and how to achieve it.

Pound extends gains as rate cut bets melt

The pound extended gains on Thursday, building on the one-month high it reached against the euro in the previous session, as data this week reduced market expectations of a central bank rate cut as early as next week.

Dollar steady as coronavirus contagion fears abate

The U.S. dollar was unchanged against a basket of currencies on Wednesday as safe-haven demand ebbed along with worries about whether the spread of a flu-like coronavirus would hurt the global economy.

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Defying Trump, Johnson refuses to ban Huawei from 5G

Prime Minister Boris Johnson granted Huawei a limited role in Britain's 5G mobile network on Tuesday, frustrating a global attempt by the United States to exclude the Chinese telecoms giant from the West's next-generation communications.