Forex News

US dollar slips, stocks gain on Fed Minutes

The US dollar lost ground while US stocks rose following the minutes of the Fed's September meeting. Stocks gained on confirmation of a December rate hike, provided the outlook remains broadly unchanged. However, the dollar lost ground on concerns the...

British pound attracts buyer interest on solid UK data

British pound rises on stronger than expected UK industrial production and construction output data. Evidence of better economic performance over the summer should allay fears over growth, supportive of the first rate hike in over a decade.

UK manufacturing PMI disappointment weighs on British pound

British pound lost ground Monday on disappointing UK September manufacturing PMI. The survey showed the sector expanded but at a slower rate than i august while manufacturers paid higher prices for imported materials to create their goods.

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