Pound Dynamics

Hot News

Invesco CurrencyShares British Pound Sterling Trust (NYSEARCA:FXB) Stock Price Pass Above 50-Day Moving Average of $122.87

Sterling tiptoes higher after turbulent week

Pound Sterling needs to clear 1.2890-1.2900 to extend recovery

Renewed BoE Rate-Cut Speculation Triggers GBP to Fall vs EUR, USD By ExchangeRates.org.uk

Why the dollar is still the world’s most important currency

Azerbaijani currency to world currency rates for July 26

Asia FX weakens with yuan volatile, dollar steady ahead of PCE data By Investing.com

Asian currencies: Indonesian rupiah falls to two-week low – Business & Finance

Inside Canada’s money service business ‘clusters’

Currency Exchange International (TSE:CXI) Share Price Crosses Below 50-Day Moving Average of $26.35

A Guide To Foreign Transaction Fees

Pound Sterling trades near key support ahead of US data

Asian Currency

Asian currencies: South Korean won, Indonesian rupiah slip – Business & Finance

JAKARTA: Among currencies, the South Korean won and the Indonesian rupiah slipped around 0.3% and 0.2%, respectively, while the Philippine peso rose 0.2%. The rupiah’s fall to a two-week low of 16,295 per dollar prompted the central bank to intervene in the foreign exchange market. Late last month, the currency had depreciated to its weakest since April 2020 before recovering…

July 27, 2024

International Currency

What’s a Carry Trade Again? And When Is It Not a Moneymaker? – BNN Bloomberg

(Bloomberg) -- Here’s what sounds like a surefire way to improve an asset’s returns: Use cheaper money to buy it. That’s the core of what’s known as a foreign-currency carry trade. Investors take advantage of a difference in interest rates between two countries to borrow where the rate is low and invest where it’s high. Carry trades are especially popular…

July 26, 2024

Pound sterling

Sterling Update: Pound Faces Corrections Amid Weak UK Retail Sales

Here’s the latest currency news from our partner Moneycorp, to help you find out what your money is worth. GBP The pound saw some corrections in value at the end of last week after Friday’s UK retail sales showed weaker-than-expected spending for June. Sales volumes dropped by 1.2% versus the anticipated -0.6%, with the cooler, wetter weather being blamed. This was…

July 26, 2024