Latest stories in the Currencies section
ECB ups growth forecast but remains cautious
3 hours ago
European bonds tumbled as the ECB upped its forecast for growth throughout the eurozone, though the central bank kept interest rates at 1% and maintained its special lending facilities to help cash-strapped European banks.
ECB ups growth forecast but remains cautious
European bonds tumbled as the ECB upped its forecast for growth throughout the eurozone, though the central bank kept interest rates at 1% and maintained its special lending facilities to help cash-strapped European banks. 3 hours ago
FX round-up: Investors exit 'safe' dollar
Investors ditched the dollar on Wednesday in favour of riskier plays following better than expected Chinese manufacturing data and strong second-quarter growth in Australia. 11 hours ago
Eurozone PMI turns lower
Manufacturing activity throughout the eurozone cooled a little in August, though the overall reading still indicated a healthy picture overall. Yesterday
Global forex trade hits $4trn a day
The amount of business done on global currency markets has soared by a fifth in the past three years to $4trn (£2.6trn) every day, a new report has revealed. Yesterday
Safe haven buying spurs gold, Swiss franc, as sentiment remains fragile
Michael Hewson
Despite better than expected US consumer confidence data for August, which came in at 53.5, against an expectation of 50.5 yesterday, last month was a month to forget for risk, with equity markets down across the board, and oil prices also slipping back on fears of weaker demand. Yesterday
FX round-up: Dollar recovers against euro
The dollar recovered against the euro but lost ground against the Japanese yen as US stocks surrendered early gains and minutes from the Fed wiped the shine off better than expected consumer confidence figures. 2 days ago
