Login/Register

Currencies News

Currencies

UK mortgage approvals tick lower in June

UK mortgage approvals tick lower in June

Wed, 26 July 2017

(ShareCast News) - UK mortgage approvals fell in June, albeit less than expected, according to data released by UK Finance. House purchase approvals declined to 40,200 from 40,287 the month before, co... [more]

FX round-up: Euro trades at two-year highs aided by continued dollar weakness

FX round-up: Euro trades at two-year highs aided by continued dollar weakness

Tue, 25 July 2017

(ShareCast News) - Currency movements in Tuesday's session were a little more exciting than they were at the start of the week, with sterling up against the dollar and the euro following suit, with EU... [more]

US consumer confidence unexpectedly improves in July

US consumer confidence unexpectedly improves in July

Tue, 25 July 2017

(ShareCast News) - US consumer confidence unexpectedly rose to a four-month high in July, according to the latest data from the Conference Board. The confidence index increased to 121.1 from 117.3 in ... [more]

US house price growth slows in May - S&P/Case-Shiller

US house price growth slows in May - S&P/Case-Shiller

Tue, 25 July 2017

(ShareCast News) - US house price growth eased in May, according to the S&P/Case-Shiller National Home Price Index. The 20-city index was up 5.7% on the year, down from 5.8% the month before and below... [more]

Trump doubles down on Sessions criticism as firing reports grow

Trump doubles down on Sessions criticism as firing reports grow

Tue, 25 July 2017

(ShareCast News) - US President Donald Trump fired another barrage of criticism towards his attorney general Jeff Sessions on Tuesday as reports suggest he is preparing to sack the country's top law o... [more]

German business confidence hits record high in July

Tue, 25 July 2017

(ShareCast News) - German business confidence unexpectedly improved in July, according to a widely-followed survey. The Ifo's business climate index rose to 116 from 115.2 the month before, beating ex... [more]

FX round-up: Slow news day pushes dollar index higher, euro moves fail to excite

Mon, 24 July 2017

(ShareCast News) - News of any major impact was a bit thin on the ground on Monday, leading to subdued moves on the FX market. The dollar index traded slightly higher on the day, but this failed to tr... [more]

US existing home sales drop more than expected in June

Mon, 24 July 2017

(ShareCast News) - Sales of US existing homes fell more than expected in June, according to data from the National Association of Realtors. Sales were down 1.8% to a seasonally-adjusted annual rate of... [more]

Markit's flash US manufacturing PMI at four-month high in July

Mon, 24 July 2017

(ShareCast News) - Markit's flash US manufacturing purchasing managers' index came in at a four-month high in July. The manufacturing index rose to 53.2 from 52.0 the month before amid accelerated gro... [more]

FX round-up: Lack of data release makes way for indecisive Cable moves

Fri, 21 July 2017

(ShareCast News) - On Friday sterling managed to recover most of its losses against the US dollar from prior session posting a morning high of 1.3020, only managing to touch psychological resistance o... [more]

Irish ambassador calls on UK to remain in Customs Union

Fri, 21 July 2017

(ShareCast News) - Britain should remain in the EU Customs Union following Brexit in order to avoid problems with the Irish border, the country's ambassador to the UK said on Friday. In an interview w... [more]

US open: Wall Street slips amid weak tech earnings, downbeat GE

Fri, 21 July 2017

(ShareCast News) - Wall Street was slightly lower in early trading following disappointing updates from Microsoft and Ebay, alongside weak guidance from industrial conglomerate GE. At 1603 BST, the Do... [more]

Earthquake strikes Greek island of Kos and coastal towns in Turkey

Fri, 21 July 2017

(ShareCast News) - A powerful earthquake in the Aegean sea has wreaked havoc tourist hot-spots near the Greek island of Kos and off the coast of Turkey, leaving two dead and more than 200 injured. The... [more]

ExxonMobil fined $2m for violating Russia sanctions

Fri, 21 July 2017

(ShareCast News) - US oil corporation ExxonMobil has been fined $2m by authorities in the country for the violation of sanctions handed out to Russia during Rex Tillerson's time as CEO. Sanctions were... [more]

FX round-up: Positive retail sales figures fail to excite GBP traders

Thu, 20 July 2017

(ShareCast News) - Figures released by the Office of National Statistics this morning showed an increase in month-on-month UK retail sales, with a print of 0.6% and year-on-year sales at 2.9%. Both fi... [more]

Euro area consumer confidence dips in July

Thu, 20 July 2017

(ShareCast News) - Consumer confidence in the single currency bloc slipped a tad, the European Union's executive arm said. The European Commission's preliminary consumer confidence index dipped by -0.... [more]

Major dark web marketplaces shut down by US government

Thu, 20 July 2017

(ShareCast News) - US security officials claimed a major victory on Thursday as two of the so-called dark web's largest marketplaces were shut down. AlphaBay and Hansa had become widely known as two o... [more]

'We're not there yet, financing conditions favourable' ECB's Draghi says

Thu, 20 July 2017

(ShareCast News) - "We're not there yet", European Central Bank chief Mario Draghi said in his press conference when asked whether monetary policy needed to remain as accommodative as it was. However,... [more]

Philly Fed index falls more than estimated in July

Thu, 20 July 2017

(ShareCast News) - Manufacturing conditions in the Philadelphia region deteriorated more than expected in July, according to a survey released on Thursday. The diffusion index for current activity fel... [more]

US jobless claims drop more than expected

Thu, 20 July 2017

(ShareCast News) - The number of Americans filing for unemployment benefits fell more than expected last week, according to data from the Labor Department. US initial jobless claims dropped by 15,000 ... [more]

ECB keeps policy rates unchanged, as expected

Thu, 20 July 2017

(ShareCast News) - The European Central Bank kept all its main policy rates unchanged on Thursday, as expected. The interest rate on the main refinancing operation facility was kept at 0.00%, with tho... [more]

German factory gate inflation slows in June

Thu, 20 July 2017

(ShareCast News) - The rate of gain in German factory gate prices slowed in June. The country's producer price index was unchanged versus the prior month and up by 2.4% year-on-year, according to the ... [more]

Theresa May's new Brexit business council to meet

Thu, 20 July 2017

(ShareCast News) - Theresa May will meet with senior figures in some of the UKs largest companies later on Thursday in an effort to assuage some of the growing concerns over the governments Brexit pla... [more]

Morgan Stanley opts for Frankfurt as new post-Brexit hub

Thu, 20 July 2017

(ShareCast News) - US investment bank Morgan Stanley is the latest multinational financial firm to choose Frankfurt as a new post-Brexit European hub, according to several reports. It was also reporte... [more]

Trump attacks his own attorney general Sessions after recusal

Thu, 20 July 2017

(ShareCast News) - US President Donald Trump has launched an extraordinary attack on Attorney General Jeff Sessions after the country's top justice official recused himself from any investigation into... [more]