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Foreign Exchange Analysis Headlines

Euro slides after German coalition talks break down

The euro hit a two-month low against the yen on Monday, as German Chancellor Angela Merkel's efforts to form a three-way coalition government failed, raising concerns over political uncertainty in the euro zone's largest economy.

Euro extends losses after German coalition talks break down

The euro extended its losses and hit a two-month low against the yen in Asian trade on Monday, after talks among four German parties seeking to form a coalition government following an election that weakened Chancellor Angela Merkel broke down.

Fork talk lifts bitcoin to all-time high near $8,000

Bitcoin hit an all-time high just below $8,000 (£6,060) on Friday, on talk that a software upgrade whose suspension sent the cryptocurrency into a tailspin at the end of last week was, after all, going ahead within hours.

Dollar steadies as tax overhaul gets U.S. House nod

The U.S. dollar edged higher against a basket of major currencies on Thursday, rebounding from a more than three-week low in the previous session, after the U.S. House of Representatives passed their version of the tax overhaul bill.

Sterling extends gains but outlook clouded

Sterling rose against the dollar on Thursday an initiative by European Central Bank President Donald Tusk on Brexit negotiations was taken as mildly positive, on a day when currencies mostly stuck to well-worn trading ranges.

Dollar steadies after solid U.S. data

The dollar trimmed losses against a basket of major currencies on Wednesday, after data showed an uptick in underlying inflation as well as a surprise rise in retail sales last month, cementing expectations for an interest rate hike in December.