Fx
IMF gives Argentina $57bn loan to help halt peso fall
The International Monetary Fund increased their three-year loan to Argentina to $57bn to support the sliding peso.
FX round-up: Pound dips after Fed, EM FX well-behaved
The pound finished the session slightly lower against the Greenback on Wednesday after Federal Reserve chief, Jerome Powell, delivered an upbeat message on the US economy.
FX round-up: Pound bounces, Turkish lira and Russian rouble in focus
The pound bounced back at the start of the week even after - in what observers said was a challenge to the Prime Minister - Tory rebels published their alternative to her Brexit plan and despite a weak reading on a widely-followed survey of factory sector conditions.
SOVA Capital believes Bank of Russia's next move will be a rate cut
Central Bank of Russia's recent decision to hike rates does not foreshadow that more interest rate hikes lay ahead, analysts at Sova Capital said.
Turkish lira boosted as Pompeo lets slip Brunson could be released soon
The Turkish lira was boosted on Monday (USD/TRY -3. 2% on the day at 6. 09) as the US Secretary of State, Michael Pompeo, let slip that the administration would be holding talks with Turkey regarding the release of Pastor Brunson.
Grayling warns of no-deal Brexit unless EU soften Irish position
Cabinet minister Chris Grayling warned that a no-deal Brexit was on the cards if the European Union did not soften its position regarding the Irish border.
May's dismissal of Barnier border offer sinks pound
Prime Minister Theresa May is preparing to reject an improved European Union offer to solve the issue of the Irish border post Brexit, reports stated on Wednesday, knocking the pound back from its seven week high.
Fund managers up cash, start to price in more hawkish Fed, BofA-ML says
Global fund managers topped up their holdings of cash and lowered their allocation to global equities, according to the results of Bank of America-Merrill Lynch's fund manager survey for the month of September, especially towards Emerging Markets and Europe.
FX round-up: Pound higher as speculators trim shorts
The pound was trading on the front foot at the start of the week, helped by news that speculators had pared their 'bearish' bets on 'cable', as traders call the exchange rate between the pound and the US dollar.
Erdogan blames US for 'heinous economic attack'
Turkish President Tayyip Erdogan said on Friday that Turkey’s economic crisis and currency fluctuations had political reasons referring to the United States.
FX round-up: Pound off on report from Brussels, Argentina peso and Brazil real lower
Sterling finished the session little changed but saw a sizeable amount of volatility as traders were forced to digest yet more sound bites on Brexit from the other side of the Channel, even as they monitored the headlines regarding the situation on global trade and emerging markets.
Carney agrees to extend stay at BoE until January 2020
Mark Carney has accepted H. M. Treasury's offer for him to remain at the helm of the Bank of England until January 2020, thus extending his stay for another six months.
Report says UK officials are "misreading" statements by Brussels
Some officials in Brussels are "complaining" about "over-spin" by Westminster, saying that the European Union's stance vis-a-vis the Prime Minister's Chequers Plan had not changed one iota.
US August NFP miss forecasts, but wage growth picks up
US job growth undershot forecasts last month, when revisions to figures for the prior two months are taken into account, even as wage pressures increased at their fastest clip since June 2009.
EU's Barnier open to discussing new Brexit customs arrangement
The European Union’s chief negotiator Michel Barnier had told MPs he was open to discussing alternative Irish customs arrangements in order to secure a Brexit agreement, news that lifted the pound on Friday.
Brazilian presidential hopeful Jair Bolsonaro stabbed at a campaign rally
Brazilian politician and presidential hopeful, Jair Bolsonaro, has been stabbed at a campaign rally in the south-east state of Minas Gerais.
FX round-up: Pound finishes volatile session flat, EM FX finds respite
Sterling rocketed on Wednesday after Bloomberg reported that Germany and Britain were now both prepared to accept a less detailed agreement on the UK's future economic and trade ties with the European Union, hopefully leaving a deal on the Irish backstop as the last remaining bone of contention.
Pound surges as Germany and UK said to ditch key Brexit demands
Sterling shot higher against both the dollar and the euro on Wednesday afternoon following a report that the British and German governments have ditched key Brexit demands.
FX round-up: Argentine peso in the spotlight, BofA calls euro higher
Investors pushed the US dollar higher on Tuesday on the back of a potent mix of trade concerns and strong US economic data, although at least versus the euro some analysts argued the tide was about to change, predicting that the single currency was set to gain.
FX round-up: Sterling lower as Barnier airs opposition to Chequers plan
Sterling was again on the back foot at the start of the week after the European Union's chief trade negotiator, Michel Barnier, said he "strongly" opposed the Prime Minister's proposal for a "common rulebook" on trade in goods but not on services.