Soft Tone in Sterling, Sovereign Debt Yields, Oil and Stocks

May 26, 2017

Sterling fell 0.7% against the dollar overnight in response to a new poll showing just a 5-point spread between Prime Minister May’s Conservatives and the Labor Party; the spread earlier had been over 20 points. Britain’s parliamentary election is scheduled for June 8. Sterling declined more sharply against several other currencies, as the dollar is […] More

Weaker Stocks and Euro Ahead of U.S. 2Q GDP Release

July 30, 2010

The dollar has climbed 0.6% against the euro but fallen 0.7% against the yen.  The greenback is stronger by 0.5% against the kiwi, 0.3% versus the Aussie dollar, and 0.2% relative to sterling.  Dollar/Swiss is unchanged, and the yuan ticked up 0.1% against the U.S. currency.  The loonie is 0.2% higher. Stocks in the Pacific […] More