Monday, July 6, 2020
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Sterling fell 0.8% against the dollar on Friday, touching its lowest level in almost a month, with doubts about whether Britain will seal a trade pact with the European Union set to be the biggest weight on the currency over the summer.

Sterling falls 0.8% to one-month lows, Brexit key summer risk

Although the British economy is being gradually reopened after its coronavirus lockdown triggered a record slump, analysts said Brexit was still the biggest factor affecting the pound four years...
The euro held steady on Friday as an EU summit focused on a 750 billion euro recovery fund got underway, while geopolitical strains and fears of a second wave of COVID-19 cases set the dollar on track for its best weekly gain in a month.

Euro steady as EU summit underway, dollar set for weekly gains

The world’s reserve currency, which was making small advances in European trading, has gained about 0.3% this week against a basket of currencies, its best performance since mid-May.
Japan Yen and U.S. Dollar notes are seen

Safe-havens dollar, yen supported by fears of new pandemic wave

An index tracking the dollar against a basket of currencies was up 0.20% in New York morning trade to 97.267. The dollar has strengthened in recent weeks as investors...
Australian dollars are seen in an illustration photo

Major currencies inch lower as traders cash in gains; Aussie dollar falls

The latest cause for exuberance, which drove stock markets higher, was last week’s U.S. jobs data for May. However, a stronger Japanese yen pointed to trepidation over the U.S....
A U.S. Dollar banknote is seen in this illustration taken

Dollar slips, commodity currencies gain as risk sentiment improves

The safe-haven Japanese yen rose against the dollar, reversing losses the past several days as risk sentiment gained with growing recovery hopes. “There has been this...
A woman counts U.S. dollar banknotes as Lebanese pounds are pictured in the background at a currency exchange shop in Beirut, Lebanon

U.S.-China tensions lift dollar 0.3%

U.S. President Donald Trump said that Washington would react “very strongly” to new Chinese legislation on Hong Kong, which could lead to new pro-democracy protests. Sino-American...
Sterling edged lower on Thursday against both the U.S. dollar and the euro as a combination of business activity data and the risk of sub-zero interest rates weighed on the pound.

Sterling edges lower as BoE mulls sub-zero rates, PMI data

IHS Markit’s flash PMI data showed Britain’s economy flattened out a bit this month from its nosedive in April caused by the coronavirus lockdown, but remains in the grip...
Euro currency bills are pictured at the Croatian National Bank in Zagreb, Croatia

Euro gains on EU common fund proposal; dollar slips

The euro inched up 0.18% to $1.0945, near a two-week peak of $1.09755 reached on Tuesday. Breaking that could open the way for a test of its May 1...
The dollar nursed losses against major currencies on Tuesday after encouraging results from the trial of a vaccine for COVID-19 improved sentiment in a boost to riskier assets.

Dollar holds soft tone as vaccine hopes boost riskier assets

The euro held onto hefty gains against the Swiss franc and the dollar following a proposal by France and Germany for a 500 billion euro ($543 billion) recovery fund...
Egypt’s currency weakened on Monday to its lowest against the U.S. dollar since early February, before the coronavirus ravaged some of its biggest sources of foreign exchange.

Egyptian pound slips to weakest in three months

The pound traded as low as 15.83 to the dollar, down from 15.72 at Monday’s opening, before strengthening again, Refinitiv data showed. Alarm over the coronavirus...