Dollars

South African rand tumbled as risk-off sentiment spikes

By Mercury 02-08-23 16:23

Reuters: The South African rand tumbled over 1% on Tuesday, extending Monday’s losses as global risk-off sentiment increased. At 0905 GMT, the rand traded at 18.0325 against the dollar, about 0.85% weaker than its previous close. SOUTH AFRICAN RAND TUMBLED It had weakened to as much as 18.0884 earlier in the day. The dollar last […]

Sterling rose

Sterling edged higher as traders cut bets on jumbo UK hike

By Mercury 31-07-23 14:49

Reuters: The pound Sterling edged higher on Friday but hovered near two-week lows after a string of central bank decisions this week reinforced expectations that the Bank of England will not deliver another jumbo rate hike next week. BRITISH POUND STERLING EDGED HIGHER Sterling was last up 0.1% against the dollar at 41.2813 and up […]

Dollar steady

US dollar fell as Fed’s rate-hike cycle sees an ending

By Mercury 28-07-23 11:58

Reuters: The dollar fell on Thursday after the Federal Reserve delivered what some expected to be its last rate hike, while market focus shifted across the Atlantic to the European Central Bank’s rate decision later in the day. U.S. DOLLAR FELL The Fed on Wednesday raised interest rates by a quarter of a percentage point, […]

budget speech day 2024

Sterling traded higher but stays close to two-week lows

By Mercury 26-07-23 15:36

Reuters: Sterling traded higher against the U.S. dollar on Tuesday, staging a small rebound after a seven-day losing streak, but stayed close to a two-week low as traders keep their attention on Britain’s floundering economy. BRITISH POUND STERLING TRADED HIGHER At 1023 GMT, the pound was 0.16% up against the dollar at $1.28460 , while […]

Dollar steady

The US dollar clung to gains with central banks in focus

By Mercury 25-07-23 16:05

Reuters: The dollar clung to gains against the euro on Monday after recent economic data showed a stronger U.S. economy and a slowing euro zone as traders look beyond a trio of central bank meetings this week for clues to the outlook for monetary policy. U.S. DOLLAR CLUNG TO GAINS A closely-watched purchasing managers’ survey […]

1 15 16 17 18 19