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Trade Featured as Dollar Drifts Lower

The US dollar has a slightly lower bias today, but the against most of the major currencies, it is consolidating within the range set at the end of last week. The main exceptions are sterling...

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Carney’s Reversal Lights Fire Under Sterling

Bank of England Governor Carney said shortly after the 5-3 vote at the MPC that now was not the time to increase interest rates. Today sterling is flying. It is posting the largest gain in...

Direct Conversion Yuan and Euro-MarketExpress

On the way! Direct conversion between Yuan and Euro

Direct conversion between the  yuan and the yen, which began about two years ago, has been an important milestone in the process of internationalising the Chinese currency. Although there has been a lot of progress...