Articles

  • 1 week ago | zawya.com | Alun John

    The pound strengthened against both the dollar and the euro on Tuesday, largely due to weakness in both peers rather than major British news, which is fairly thin until Thursday's closely watched Bank of England meeting. The pound was last up 0.2% on the dollar at $1.3323 helped by nervousness in markets hoping for trade deals between the U.S. and other countries which could reduce the effect of U.S. tariffs but may not materialise.

  • 1 week ago | ca.marketscreener.com | Rae Wee |Alun John

    SINGAPORE/LONDON (Reuters) -The dollar struggled on Tuesday as investors began to grow itchy about hoped-for U.S. trade deals, while Asian currencies took a breather after an unprecedented two-day surge that highlighted the fragility of the greenback. The dollar was last down 0.5% on the Japanese yen at 142.99, and also lost ground versus European currencies with the euro and pound both up 0.2% at $1.1341 and $1.3328 respectively.

  • 1 week ago | marketscreener.com | Chibuike Oguh |Alun John

    NEW YORK/LONDON (Reuters) -The U.S. dollar traded lower against major currencies including the yen on Tuesday amid market jitters over hoped-for U.S. trade deals, while the euro extended gains after the German parliament elected conservative leader Friedrich Merz as chancellor. Investors are waiting to see if President Donald Trump's administration provides details on trade deals it is reportedly negotiating with other countries, including China.

  • 1 week ago | marketscreener.com | Wayne Cole |Alun John

    SYDNEY/LONDON (Reuters) -The U.S. dollar slipped again on Monday as a meteoric surge in its Taiwanese counterpart stoked speculation some Asian countries were prepared to engineer revaluations of their currencies to win U.S. trade concessions. Asia-Pacific currencies were the major developed-market beneficiaries of the fallout from that, and the dollar was down 0.7% on the Japanese yen at 143.94, and the Australian dollar rose a similar amount to a five-month top of $0.6493.

  • 1 week ago | zawya.com | Alun John

    LONDON - Euro zone government bond yields rose on Friday, mirroring a move in U.S. Treasuries the previous day when European markets were shut for a holiday, as traders around the world looked ahead to U.S. jobs numbers due later. Germany's 10-year yield, the benchmark for the euro zone, rose 5 basis points to 2.49%, though it remained near the bottom end of its recent range.

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Alun John
Alun John @AlunDavidJohn
24 Dec 24

RT @jamespomfret: Hong Kong offers bounties for six more democrats in security squeeze https://t.co/7Ea41cih7B

Alun John
Alun John @AlunDavidJohn
26 Jun 24

RT @Reuters: In the past 80 years the pound has faced economic crises and political turbulence. @ReutersGraphics outline some of its notabl…

Alun John
Alun John @AlunDavidJohn
26 Jun 24

RT @Reuters: Political uncertainty has driven volatility for the British pound that has fed back into the economy in a doom loop, research…