Currency Updates

Dollar falls on soft US data, Theresa May resigns as PM

D

ollar falls on soft US data, Theresa May resigns as PM. Her successor, most likely pro-Brexit Boris Johnson, will be appointed by 7th June.

Written by

Matthew Ryan

LATEST

Watch Ebury’s Chief Risk Officer, Enrique Diaz Alvarez on Bloomberg television at 18:40 ET, or 22.40 GMT. He will be talking about the outlook for the Chinese Yuan and general prospects.
Rosie Sanderson 24 May 2019



Sterling slides to fresh lows on calls for May to quit as PM. European Parliament elections slip under the radar, results expected to be revealed on Sunday.
Matthew Ryan 23 May 2019



Pound sinks to four month low as MPs slam May’s Brexit plan. Uncertainty ahead of European Parliament elections keeps Euro under pressure.
Matthew Ryan 22 May 2019



Sterling slides below 1.27 on risk aversion, Brexit worries. Attention turns to May’s successor, with Boris Johnson as the bookies favourite.
Matthew Ryan 21 May 2019



Sterling falls sharply on breakdown of May-Corbyn Brexit talks, trade tensions buoy Dollar. Core inflation for Europe surprises to the upside.
Enrique Díaz-Álvarez 20 May 2019



Cross-party Brexit talks fail, May to set departure timeline. Fresh comments out of Italy raise concerns over its relationship with the EU.
Matthew Ryan 17 May 2019



Sterling slides on Brexit pessimism, calls for May resignation. US retail sales fell, causing concern that the worlds largest economy is slowing.
Matthew Ryan 16 May 2019



Online security changes and updates so often, it can be hard for businesses to keep track of the best steps to follow. So, we’ve brought you our top ten tips to safeguard your business
Rosie Sanderson 15 May 2019



Theresa May calls fresh Brexit vote as cross party talks continue. Trump has stated that he will make a decision on European auto tariffs on 18th May.
Matthew Ryan 15 May 2019



Chinese Yuan bounces back on Trump’s trade comments. A disappointing UK labour report pushes Sterling down to late-April lows.
Matthew Ryan 14 May 2019



Euro holds up well as trade tension flare up roils markets, and could see further gains this week if the US does not impose auto tariffs.
Enrique Díaz-Álvarez 13 May 2019



Attention in the FX market today is firmly on the US-China trade discussions.
Matthew Ryan 10 May 2019



Currency traders continued to pile into the safe haven Japanese Yen this morning, which rose to a three-month high on growing concerns over the US-China trade conflict.
Matthew Ryan 9 May 2019



For many SMEs, they find traditional banks and financial providers unhelpful in the growth of their business. But what can they do differently?
Rosie Sanderson 8 May 2019



Trump's tweets on Sunday threatening to impose fresh tariffs on Chinese goods as early as this Friday upended what had been a very quiet week in FX markets.
Enrique Díaz-Álvarez 7 May 2019