Fiona Cincotta
Sterling Plummets Below 1.28 US$ Pending UK Election Shakeup
Political fears continue to grind the pound lower as the UK general elections approach. Sterling weakness pushed the pound over U.S. dollar exchange rate...
EUR/USD Eurozone Inflation Data to Overshadow EU’s Political Concerns
The euro had a challenging start to the week as political risk raised its head once more in Europe. The possibility of a snap...
GBP/AUD UK Political Risk Continues to Dominate Pound Australian Dolla
The pound Australian dollar exchange rate managed to hold steady for much of the previous session before tumbling lower to AUS$1.7195 overnight. Despite the...
Pound Dives Against Euro as General Election Polls Narrow
The UK General election polls didn’t look good for sterling. The pound euro exchange rate finished the week 0.8% lower at 1.1452,having dipped even...
Pound Plummets Versus US Dollar as UK Conservative Lead Shrinks
The pound was in free fall versus the dollar on Friday, following a further narrowing of the UK Conservative lead over the Labour party....
EUR/USD Dollar Buoyant as US Q1 Economic Growth Better than Initial...
The dollar perked up considerably with the news that the U.S. economy isn’t faring quite as badly as initially assumed. Dollar strength caused the...
Pound Falls 1% Versus Australian Dollar on Political Fears
With little else to focus on in the way of economic data, political concerns were once again driving the pound lower. The pound Australian...
GBP/EUR Pound Declines Versus Euro as EU Economy Strengthens and UK...
The pound shifted lower versus the euro, pulling the pound euro exchange rate to the day’s low of 1.1538. Although this represents a decline...
USD/GBP Dollar Gains Strength Over GBP With Falling Price of Oil...
An unexpected downward revision to UK economic growth, as measured by the GDP, pulled sterling lower against the dollar. The pound U.S. dollar exchange...
EUR/USD Steady at $1.12 as Dollar Remains Supported by Trump’s First...
After a weak start, the dollar managed to strengthen. Pressuring the euro U.S. dollar exchange rate down to just above the $1.12 level where...