Result Page 4 for Latest Forex News & Archive

Hung parliament fears and political chaos sink pound

Sterling tumbles below €1.13 as government delays Queen's Speech as May's future hangs in the balance.

Pound plunges as May's electoral gamble backfires

Theresa May says UK needs stability as country heads for hung parliament

Sterling fell to six-week low after exit poll forecast Tories would fall short of an overall majority.

Will Jeremy Corbyn be Prime Minister? UK pound pummelled as investors fear left-wing government

The pound lost more than 2 cents against the dollar within seconds of the exit poll result.

FX Focus: Pound slips back as Britain heads to the polls

Sterling pulls back from two-week high against the dollar as Britain elects its next Prime Minister

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FX Focus: Pound sees flat trading on conflicting political opinion polls

A week before UK polling day, pollsters' findings are not in alignment on the gap between Conservatives and Labour.

FX Focus: Pound tumbles amid fears of hung parliament

YouGov poll predicts Tories could lose up to 20 seats next week and fall short of overall majority.

FX Focus: Pound edges higher as polls show Conservatives retain healthy lead

Euro under pressure amid growing concerns over Greece bailout deal.

FX Focus: Pound tumbles to two-month low as Tories' lead narrows

Fears of a hung parliament creep into the City as YouGov poll cuts Tories' lead to five points.

FX Focus: Slowdown in UK economy drags pound lower

UK GDP data revised down to show economy grew only 0.2% in the first three months of the year.

Asian markets trade mixed as investors await the outcome of the US Federal Reserve meeting

FX Focus: Markets lack drivers as investors await Fed minutes

Federal Reserve will release minutes of its latest meeting tonight.

FX Focus: Pound falls as budget deficit spells bad news for UK finances

Sterling falls against dollar and euro as public sector borrowing widens more than expected.

FX Focus: Pound recovers as May backtracks on 'dementia tax'

Pound climbs back above $1.30 after losing half a cent against the dollar as Tories' lead narrows.

EU Referendum: British Pound takes a beating amid Brexit fears

FX Focus: Pound recovers from flash crash and climbs above $1.30

Sterling remains above $1.30 for only the second time since September 2016 as dollar struggles.

FX Focus: Pound breaks $1.30 barrier for the first time since September

Dollar loses all post-election's gains in two sessions amid Trump's turmoil.

FX Focus: Unemployment data drives pound closer to $1.30 mark

Sterling has not climbed above $1.30 since September 2016 but data could see it breach barrier.

FX Focus: Pound sinks to five-week low after inflation data

Boost from higher than expected inflation proves to be short lived as sterling falls below €1.17.

FX Focus: Pound lacks direction ahead of crucial week

Investors will analyse inflation data, as well as reports on the labour market and retail sales this week.

FX Focus: Pound falls as impact of BoE's growth cut lingers on

Bank of England cut its growth forecast for the UK economy from 2% to 1.9% on Thursday.

FX Focus: Pound tumbles after Bank of England keeps rates unchanged

BoE leaves rates at 0.25% but warns inflation will peak earlier than expected.

Currency forecasting is still more art than science

No forex forecasting model outperforms random walk benchmark but PPP models serve a purpose.

Top 5 major takeaways from FBI director James Comey’s Senate hearing

FX Focus: Dollar under pressure after Trump fires FBI director James Comey

Pound closes in on $1.30 barrier for the first time in eight months ahead of Bank of England meeting.

FX Focus: Euro slides as dollar strengthens and Macron's rally loses steam

Euro falls below $1.09 for the first time since 4 May, while dollar gains ground against its main rivals.

FX Focus: Euro slips from six-month high as Macron's rally peters out

Analysts warn newly-elected French president faces a series of difficult challenges ahead.

Janet Yellen testifies to senate committee

FX Focus: Dollar remains volatile after Fed keeps rates unchanged

US central bank says economic slowdown experienced in Q1 is likely to be transitory.

FX Focus: Pound hit by Brexit bill rumours

Sterling endures high volatility after reports suggest Britain's Brexit bill could cost €100bn.

FX Focus: Pound holds onto gains after strong manufacturing PMI data

Markit PMI shows UK construction sector expanded at the fastest rate in three years in April.

FX Focus: Pound surges to seven-month high against the dollar despite poor GDP data

Sterling shrugs off report showing UK economy grows 0.3% in the first quarter of the year.

FX Focus: Euro tanks after ECB keeps interest rates unchanged yet again

Dollar gains ground as investors shrug off disappointment over Donald Trump's tax reforms.

Draghi puts down German minister as ECB holds fire on interest rates

Central bank maintains eurozone status quo on interest rate, as its president says 'downside risks have diminished'

FX Focus: Dollar gains ground as markets await Trump's 'phenomenal' tax reforms

US President due to announce a major tax overhaul which could see corporation tax slashed from 35% to 15%.

FX Focus: Pound gains ground as public sector borrowing declines sharply

Euro remains on the front foot as investors expect Macron to secure French presidency next month.

FX Focus: Euro surges as investors cheer French election results

Euro climbs to five-month high against the dollar, while pound falls 1.2%.

FX Focus: Pound slips against the dollar after dire retail sales figures

Euro falls from three-week high as investors remain cautious ahead of Sunday's presidential elections in France.

FX Focus: Euro surges to three-week high after polls place Macron in lead in French elections

Analysts warn Sunday's election could destabilise the currency, despite recent gains.

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