Friday, April 10, 2020
U.S. dollar notes are seen in this November 7, 2016 picture illustration

Dollar falls after Fed bolster lending and coronavirus fears ease

The pound pulled ahead against the dollar and the euro as markets breathed a sigh of relief after British Prime Minister Boris Johnson left intensive care following his hospitalisation...
The dollar firmed on Wednesday as optimism that the coronavirus crisis was slowing waned, increasing investor concerns over the economic impact of the pandemic.

Dollar gains on rising coronavirus crisis concerns

The euro and the Aussie dollar were among the main losers at the greenback’s expense, a day after the dollar suffered its worst drop against a basket of currencies...
LONDON, ENGLAND - MARCH 25: Prime Minister Boris Johnson leaves 10 Downing Street for PMQ's on March 25, 2020 in London, England. British parliament will be suspended tonight due to concerns about the spread of COVID-19. It had previously been scheduled to break for Easter on March 31; it will tentatively sit again on April 21. The Coronavirus (COVID-19) pandemic has spread to at least 182 countries, claiming over 18,000 lives and infecting hundreds of thousands more. (Photo by Peter Summers/Getty Images)

Pound rallies as risk appetite returns, traders await news on PM Johnson

Johnson, 55, was moved into an intensive care unit in a London hospital late on Monday after his condition had deteriorated rapidly over the preceding 24 hours. His foreign...
Dollar borrowing costs in the foreign exchange swap markets retreated further on Monday, with swap rates against the euro and pound falling to their lowest levels in more than a decade.

Dollar borrowing costs drop to lowest in decade in FX swap markets

These moves indicate recent emergency actions by global central banks have managed to squelch a growing dollar shortage in these markets. Costs dropped after the U.S....
Sterling fell 1% on Friday after a record slump among Britain’s services and manufacturing firms deepened in late March as businesses and households paused activity to prevent the spread of the coronavirus.

Sterling drops as British firms suffer record slump

The final composite Purchasing Managers’ Index covering the two sectors fell to 36.0 from a preliminary “flash” reading of 37.1, and 53.0 in February, data firm IHS Markit and...
The dollar rose for a second straight day against a basket of currencies on Thursday as investors, worried about the prospect of a global recession continued to take shelter in the greenback.

Dollar advances for second day, shrugs off record U.S. jobless claims

U.S. jobless claims in the latest week soared to a record level, yet the dollar’s reaction was tepid at most. Data showed initial claims for unemployment...
British five pound banknotes are seen in this picture illustration taken

Sterling slips as dollar surges on global recession angst

Manufacturing gauges tumbled across the globe, with Purchasing Managers’ Index (PMI) surveys in Asia, the euro zone and the UK underscoring the widening damage wrought by the pandemic that...
U.S. dollar notes are seen in this November 7, 2016 picture illustration.

Dollar holds the advantage as China PMI fails to calm nerves

China’s yuan held steady even after a key survey showed manufacturing returned to growth in March, but investors remain sceptical of the uptick given many businesses are still struggling...
U.S. dollar notes are seen in this November 7, 2016 picture illustration.

U.S. dollar rallies as global easing policies give short-term reprieve

China’s offshore yuan fell after the Chinese central bank cut a key interbank interest rate, while Singapore’s central bank aggressively eased monetary policy as well on Monday.
U.S. dollar notes are seen in this November 7, 2016 picture illustration. Picture taken

Dollar gives up losses as coronavirus spreads across U.S

The virus spread beyond the hot spots of New York, California and Washington state as Louisiana and Iowa were declared federal disaster areas. Investors have taken...