Forex News

Pound Dips Below 1.30 as Brexit Talks Face Roadblock

The British pound dropped below 1.30 against the greenback, against the backdrop of worries about a sharp rise in Covid-19…

4 years ago

Argentine Peso Hits Record Low Level of 78.12 Against Greenback

The Argentine peso continued its downhill movement, with the currency hitting 78.12 level against the greenback, reflecting the lowest level…

4 years ago

Pound Rallies on Post-Brexit Trade Deal Hopes

The pound rallied against its peers, including the greenback, the Canadian dollar and the euro, on reports that the UK…

4 years ago

Pound Turns Weak as Moody’s Slashes UK’s Credit Rating

The pound sterling fell 1% last week to $1.292, against the backdrop of Brexit uncertainty, stringent lockdown initiatives, likelihood of…

4 years ago

Russian Ruble Weakens on Surge in Covid-19 Cases, Weak Trade Surplus Data

The Russian ruble fell 0.5% to $77.60 yesterday following reports of a surge in Covid-19 cases for the second day…

4 years ago

British Pound Hits One-Month High on Brexit Trade Deal Hopes

The pound hit a one month high of 1.301 against the greenback Friday as investors received positive update about Brexit…

4 years ago

Russian Ruble Trades Near 6-Month Low as Manufacturing Sector Resumes Contraction

The Russian ruble continued to trade near 6-month low hit last week as crude oil prices remained weak on worries…

4 years ago

South African Rand Hits Over One Week High as Mfg PMI Rises Above Pre-Pandemic Levels

The South African rand recorded more than one week high of 16.40 against the greenback Friday, following news reports that…

4 years ago

Euro Down as ECB’s Lagarde Signals Allowing Inflation to Overshoot 2% target

The euro dollar declined against the pound yesterday after the European Central Bank (ECB) President Christine Lagarde hinted that the…

4 years ago

US Dollar Index Hovers Around 2-Month High On Solid Texas Manufacturing Index Data

The US dollar index declined slightly to about 94.20 Monday, but stayed near two-month high of 94.64 in the earlier…

4 years ago