US Dollar buoyed by risk aversion
Financial markets worldwide continued to sell-off during the US Thanksgiving holiday. In the absence of any major monetary or economic...
Euro continues to bounce back as US-China trade talks begin
The Euro continued to recover ground against the US Dollar yesterday, rallying by around half a percent on Tuesday back towards the 1.16...
Volatility in Turkey weighs down emerging market currencies
Attention continues to be focused on Turkey, as the Lira responds to political developments swinging wildly in both directions. While...
Sterling extends sell-off on risk aversion, mixed UK labour data
The Pound continued to lose ground against a broadly stronger US Dollar on Tuesday, briefly falling below the 1.27 mark this morning, as...
Turkish Lira sell-off wreaks havoc with global currency markets
Financial markets remained rocked by last week’s sharp sell-off in the Turkish Lira on Monday. The Lira (TRY) was sold-off violently in...
Safe havens Dollar, Yen and Swiss Franc soar as Turkish crisis deepens
A classic emerging market crisis slammed currency markets last week. The Turkish Lira crashed as President Erdogan and his financial...
Major currencies steady ahead of key central bank meetings
Currency markets were relatively quiet on Monday, with the major currencies mostly range bound ahead of a busy couple of weeks of central...
The week ahead: Sterling Sinks over mixed Brexit data.
Sterling was the worst performing G10 currency last week. Relatively solid labour data was not enough to offset disappointing inflation...