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Fx
29 May
david davis brexit uk
FX round-up: Sterling fails to follow US dollar higher

Sterling failed to benefit from the downdraft in Europe's single currency amid news that Brussels was weighing toughening its stance in the ongoing Brexit talks.

23 May
money
FX round-up: Pound skids lower still ahead of retail sales data

Sterling continued to skid lower ahead of Thursday's eagerly-awaited monthly retail sales report, amid warnings from Brexiteers against any plans that would see the UK remain tied to EU tariffs for a single minute longer than was necessary.

23 May
Turkish central bank executes emergency rate hike to stem lira weakness

Turkey's central bank has hiked interest rates following an emergency meeting by rate-setters in Ankara.

21 May
theresa-may-conseil-des-ministres-gouvernement-britannique-boris-johnson-brexiters-hard-brexit-liam-fox-david-davis-remainers-philip-hammond-greg-clark
FX round-up: Pound dips on chatter about early elections, new Scottish referendum

Early gains in the US dollar on the back of a putative deal on trade between China and the US at the weekend had petered out by late in the session.

21 May
france-drapeau-syndicats-fonctionnaires
France's finance minister warns fiscal slippage in Italy could undermine euro

France's finance minister fired a shot across the bow of the Italy's anti-establishment parties, warning of the threat that some of their campaign promises could undermine the stability of the entire single currency area.

20 May
les-usa-evoquent-leurs-preoccupations-commerciales-avec-la-chine
US and China agree framework to reduce trade tensions

The US administration set aside its threat of tariffs on Chinese goods for the moment, following two days of negotiations with Beijing, after China proposed a "significant increase" in its purchases of US-made goods.

17 May
dollar-fed-taux-monnaie-crise-monetaire-fmi-billet-drapeau
FX round-up: Pound finds slight bid even as US dollar grinds higher

The pound edged higher on Thursday on the back of reports that the UK was preparing its own backstop deal to guard against the risk of delays in the Brexit negotiations that might see the country simply crash out.

17 May
actas fed reserva federal portada
US Philly Fed index rockets in May, hiring strengthens

Perhaps the most closely-followed lead indicator for factory sector activity in the States jumped past forecasts in May as new orders rocketed.

15 May
anakara
FX round-up: Sterling dips, 'bloodbath' in Turkish lira

It was back to square one for Sterling on Tuesday - or nearly - as stronger-than-expected readings on US retail sales and on a key factor sector survey in the States boosted Treasury note yields.

14 May
kuala lumpur kl malaysia
Mohamad ousts incumbent party in shock Malaysian election result

Malaysian opposition party Pakatan Harapan upset the ruling Barisan Nasional coalition in the Asian nation's general election last week, ousting the party that had run the country for the past six decades.

10 May
ben broadbent bank of england boe
FX round-up: Pound lower as Bank of England delivers unexpected 'dovish hold'

Sterling weakened after the Monetary Policy Committee surprised economists who were expecting a 'hawkish hold' on policy, by cutting its forecasts for near-term growth in the UK economy and for inflation.

09 May
buenos aires argentina
FX round-up: Sterling under pressure against backdrop of EM weakness

Sterling came under renewed pressure at the start of the holiday-shortened week, on Tuesday, as the UK's foreign minister, Boris Johnson, took aim at Westminster's plans for a customs union with the European Union post-Brexit, labeling them "crazy".

04 May
Buenos Aires
Argentina hikes rates to 40% to staunch run on peso

Argentina's central bank hiked its main policy interest rate for the third time this week as it fought off a run against its currency.

03 May
libras
FX round-up: Rout in Sterling breaks down at 200-day moving average

Sterling's rout against the US dollar was broken by technical support at its 200-day moving average, even as analysts pushed back their forecasts for the next hike in Bank Rate to August - at the earliest.