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Foreign Exchange Analysis Headlines

Sterling falls one percent towards 20-month lows

Sterling fell one percent on Friday, heading towards a 20-month low, as concerns grew that Prime Minister Theresa May's failure to win key concessions from the European Union to salvage her Brexit deal could plunge the economy into chaos.

Euro steady as ECB ends bond purchases, pound gains

The euro held steady against the dollar on Thursday after the European Central Bank, as expected, halted new bond purchases and promised to maintain policy support for the euro zone due to risks from trade tensions, Brexit and budget woes in Italy and France.

After dire 2018, chastened funds tout emerging FX again

Emerging market currencies have had one of their worst years in a decade, but bruised investors tempted by what they see as cheap valuations are hoping the U.S. dollar's eight-month resurgence will end and the world won't tip into recession.

Sterling jumps as UK PM survives confidence vote; euro gains

The pound rallied on Wednesday, rebounding from a 20-month low, as British Prime Minister Theresa May survived a no-confidence vote on her leadership that will allow her to press ahead with an attempt to salvage her deal for Britain to exit the European Union.

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