Currency Updates

Dollar bounces back as Trump cancels threatened tariffs on Mexico; Peso surges

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ollar bounces back as Trump cancels threatened tariffs on Mexico; Peso surges. Markets are now pricing in an almost certain victory for Boris Johnson.

Written by

Enrique Díaz-Álvarez

LATEST

The Board of Banking Competition Remedies Ltd (BCR) has announced today that Form3 in partnership with Ebury Partners are awarded £5m funds of the Capability and Innovation Fund Pool D grant. The grant will support Form3 and Ebury in building the first API-based global transaction platform for UK SMEs, to be distributed at scale through Financial Institutions (FIs).
Toby Young 14 Jun 2019



Learn about the latest market updates for Euro, Sterling and US Dollar with our Mandarin speaking Key Account Director, Qi Yan.
Eleanor Stevenson 11 Jun 2019



Dollar routed as markets brace for Federal Reserve cuts. The ECB stayed mainly on script, with only minor adjustments to monetary policy.
Enrique Díaz-Álvarez 10 Jun 2019



Euro rallies on less-dovish-than-expected ECB meeting. May steps down as Prime Minister today, lack of clarity over who will take over.
Matthew Ryan 7 Jun 2019



Euro retraces gains ahead of crucial ECB meeting. Service data out of the UK surprises to the upside, all eyes on Carney speech today.
Matthew Ryan 6 Jun 2019



Fed Chair Jerome Powell hints at US interest rate cut. Trump hints at ‘phenomenal’ post-Brexit trade deal with the UK, Sterling gains.
Matthew Ryan 5 Jun 2019



Entering into the global economy could provide a substantial economic boost for SMEs, generating revenue and customer growth. However, this is challenging for many SMEs in today’s market— find out how you can overcome obstacles here.
Rosie Sanderson 5 Jun 2019



Escalating trade war fears drive markets. Tensions continue to increase, with parties with a clear stance on Brexit overtaking Labour and the Tories.
Enrique Díaz-Álvarez 3 Jun 2019



The European Central Bank (ECB) will be announcing its latest policy decision on Thursday, with investors hoping for an upbeat Draghi.
Enrique Díaz-Álvarez 3 Jun 2019



FX market rattled as Trump slaps tariffs on Mexico. Concern that a Boris Johnson led Tory party will lead to a ‘no-deal’ Brexit grows.
Matthew Ryan 31 May 2019



Euro edges lower as risk-off mode dominates trading. Canadian Dollar slides to its lowest level in 5 months after dovish BoC meeting.
Matthew Ryan 30 May 2019



Safe-havens gain as China warns over trade war retaliation. Boris Johnson remains the bookmakers favourite to replace Theresa May.
Matthew Ryan 29 May 2019



How is Brexit impacting the Foreign Exchange market? Watch our latest update here, featuring our Senior Market Analyst, Matthew Ryan.
Matthew Ryan 29 May 2019



May resignation sends Sterling tumbling. Populist anti-Euro parties did poorly in elections, meaning even more positive news for Euro.
Enrique Díaz-Álvarez 28 May 2019



Dollar falls on soft US data, Theresa May resigns as PM. Her successor, most likely pro-Brexit Boris Johnson, will be appointed by 7th June.
Matthew Ryan 24 May 2019