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"Sterling Pound" tag
dollar-markets-marketexpress-in

The Dollar Posts Corrective Upticks, while the Market Digests China’s Initiatives

China’s new initiatives to support the property sector helped lift the Hang Seng. And while the China’s CSI 300 edged higher both the Shanghai and Shenzhen composites fell. Most Asia Pacific markets fell, while Europe’s...

dollar-us-marketexpress-in

The Dollar is on its Back Foot

The dollar’s downside correction continues today, helped by hawkish signals from the Reserve Bank of Australia and unnamed sources who have played up the chances of a 50 bp hike by the European Central Bank...

dollar-equities-us

King Dollar Consolidates

Interest rates, ostensibly the fuel behind the dollar’s surge, pulled back a little in the US yesterday.  However, the greenback’s rally continued, lifting it to new highs for the year against sterling, the euro, and...

dollar-markets-marketexpress-in

The Dollar Remains on the Defensive

Last week’s cyberattack on the largest US gasoline pipeline continues to lift oil and gasoline prices.  The June gasoline futures gapped higher to extend last week’s 2.4% gain but has subsequently moved lower to enter...

BoE launches more QE – £75 bn in fresh stimulus

WORLD MARKET : London – Highlighting its concern of global economic tensions threatening the U.K. recovery, The Bank of England(BoE) decided Thursday to restart its program of asset purchases. BoE’s monetary policy committee voted to...