US dollar gains support from upbeat GDP data
The US dollar made up some ground against the euro and Japanese Yen Wednesday, following the release of upbeat third-quarter GDP data.
Read moreBritish pound moves higher on possible Brexit talks breakthrough
The British pound was buoyed early Wednesday, on news the UK has agreed to pay a higher amount to the EU than previously discussed.
Read moreBritish pound dips below $1.330 as OECD warns on Brexit effects
The British pound lost ground against the US dollar, dipping below the key $1.330 level on a downbeat OECD UK assessment in the November forecast.
Read moreBritish pound retains strength versus US dollar
The British pound remains well bid against the US dollar Monday, as uncertainty weighs on the US currency at the start of a potentially interesting week.
Read moreSouth African rand slides on ratings agency downgrade, review
The South African rand slid against the US dollar Friday on an S&P ratings downgrade and remains weaker Monday, although it has recovered a little.
Read moreEuro advances against the US dollar on upbeat German Ifo data
The euro advanced against the US dollar Friday following a fresh record high in the German Ifo climate index.
Read moreBritish pound loses some ground post GDP, analysts see upside potential
The British pound lost some momentum in the wake of the second estimate of UK Q3 GDP. However, it retained all of its post-budget gains and some of the ground made following the US Fed minutes release late Wednesday.
Read moreBritish pound slides on lower OBR forecasts, before recovering post speech
The British pound slid against the US dollar during the UK Budget as the Chancellor revealed a much lower economic outlook from the OBR. The currency recovered quickly, however, likely boosted by disappointing US new orders data.
Read moreBritish pound trades in narrow range, gains support from CBI data
The British pound is trading in a narrow range Tuesday although it did gain some support from upbeat CBI data mid morning.
Read moreBritish pound drives higher on US dollar weakness
The British pound is pushing higher against the US dollar Monday, mainly on dollar-related weakness. However, sterling is likely in for a bumpy week as the UK Budget announcement is due Wednesday.
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