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Friday, May 29, 2020

Currency Converter Apps Market Research Report 2020: Key Players, Applications, Drivers, Trends and Forecast to 2026 - News Distinct

Currency Converter Apps Market Research Report 2020: Key Players, Applications, Drivers, Trends and Forecast to 2026  News Distinct

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Fire at Boliden's Kevitsa - Kitco NEWS

Fire at Boliden's Kevitsa  Kitco NEWS

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Pan American releases Maverix shares - Kitco NEWS

Pan American releases Maverix shares  Kitco NEWS

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Morgan Stanley planning to bring back traders to New York HQ in June: CNBC - Kitco NEWS

Morgan Stanley planning to bring back traders to New York HQ in June: CNBC  Kitco NEWS

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Thursday, May 28, 2020

China premier says security law will support HK stability, security - Kitco NEWS

China premier says security law will support HK stability, security  Kitco NEWS

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Pound Canadian Dollar (GBP/CAD) Exchange Rate Rebounds as US Oil Stockpiles Deliver Shock Rise

Rising US Oil Inventories Encourage Pound Canadian Dollar (GBP/CAD) Exchange Rate Recovery A surprise surge in US crude oil inventory stockpiles offered a solid boost to the Pound Sterling to Canadian Dollar (GBP/CAD) exchange rate as oil prices dipped. Support for the commodity-correlated Canadian Dollar weakened...

* This article was originally published here

South Korean Central Bank Rate Cut after Big Downward Growth Forecast Revision

Another central bank interest rate cut was announced today, this time by the Bank of Korea, where by a unanimous decision the 7-day repo rate was lowered 25 basis points to 0.50%. This was the second cut of 2020 following a 50-basis point reduction back in March. The 0.50% level represents what officials have considered […]

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Wednesday, May 27, 2020

Pound Canadian Dollar (GBP/CAD) Exchange Rate Slumps on BoE Negative Rate Speculation

Pound Sterling Canadian Dollar (GBP/CAD) Exchange Rate Falls as Markets Expect BoE to Take Rates Below Zero The Pound Sterling Canadian Dollar (GBP/CAD) exchange rate slumped by around -0.8% on Wednesday afternoon, this left the pairing trading at around CA$1.6868. The Pound slumped today as investors began to fret...

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Goldman Sachs on target to meet medium,long-term growth goals: executive - Kitco NEWS

Goldman Sachs on target to meet medium,long-term growth goals: executive  Kitco NEWS

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Pound to US Dollar (GBP/USD) Exchange Rate Falls as Divisions Within the Conservative Party Grow

GBP/USD Exchange Rate Sinks on Brexit and Tory Party Disunity The Pound to US Dollar (GBP/USD) exchange rate fell by -0.5% today, with the pairing currently trading around $1.22. Sterling has suffered from increasingly disunity within the Conservative Party today as Prime Minister Boris Johnson’s standing is being...

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Tuesday, May 26, 2020

Germany extends coronavirus social distancing rules to June 29: source - Kitco NEWS

Germany extends coronavirus social distancing rules to June 29: source  Kitco NEWS

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Pound to Australian Dollar (GBP/AUD) Exchange Rate Dips as Risk-On Markets Buoy ‘Aussie’

GBP/AUD Exchange Rate Falls as Risk Sentiment Improves on Covid-19 Vaccine Hopes The Pound to Australian Dollar (GBP/AUD) exchange rate fell by -0.3% today, with the pairing currently fluctuating around AU$1.85. The Australian Dollar (AUD) has benefited from risk-on markets today as hopes for a coronavirus vaccine...

* This article was originally published here

Improved Market Sentiment Buoys the Euro US Dollar (EUR/USD) Exchange Rate

Euro US Dollar (EUR/USD) Exchange Rate Jumps on Market Optimism for Coronavirus Recovery The Euro US Dollar (EUR/USD) exchange rate rallied on Tuesday by around 0.7%, leaving the pairing trading at around $1.0977. The single currency was able to make significant gains against a weaker US Dollar today as optimism...

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Friday, May 22, 2020

Dollar surges across board, oil-linked currencies fall - Kitco NEWS

Dollar surges across board, oil-linked currencies fall  Kitco NEWS

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Fed's Powell to speak next Friday at 11 a.m. EDT - Kitco NEWS

Fed's Powell to speak next Friday at 11 a.m. EDT  Kitco NEWS

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UK PM Johnson could meet U.S. President Trump at G7: The Sun - Kitco NEWS

UK PM Johnson could meet U.S. President Trump at G7: The Sun  Kitco NEWS

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Pound to US Dollar (GBP/USD) Exchange Rate Falls as Safe-Haven Demand Increases

GBP/USD Exchange Rate Sinks as US-China Trade Tensions Boost ‘Greenback’ Safe-Haven The Pound to US Dollar (GBP/USD) exchange rate fell by -0.3% today, with the pairing currently trading around $1.217. The US Dollar (USD) has continued to benefit from increasing demand for safe-haven currencies today on a fresh...

* This article was originally published here

Thursday, May 21, 2020

Pound to New Zealand Dollar (GBP/NZD) Exchange Rate Steady as UK Covid-19 Cases Show Signs of Stabilising

GBP/NZD Exchange Rate Rangebound Despite Weak UK PMI Data The Pound to New Zealand Dollar (GBP/NZD) exchange rate held steady today, with the pairing currently trading around NZ$1.99. Sterling benefited from news that the UK’s number of coronavirus cases had remained stable, according to the Office for National...

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Michigan Governor Whitmer reopens auto showrooms and retail by appointment - Kitco NEWS

Michigan Governor Whitmer reopens auto showrooms and retail by appointment  Kitco NEWS

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South Africa’s Fourth Central Bank Rate Cut since January

The South African Reserve Bank repo rate was lowered 50 basis points to 3.75% following a 3-2 vote, with dissents favoring only a 25-basis point reduction. Today’s easing brings to 275 bps the total rate reduction since mid-January. In a released statement, the Monetary Policy Committee anticipates two cuts of 25 basis points each in […]

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Wednesday, May 20, 2020

More Central Bank Rate Cuts, Mixed Global Economic Data and a Weaker Dollar

The dollar traded down overnight by 1.2% against the peso, 1.0% relative to the kiwi, 0.9% vis-a-vis the Australian dollar, 0.6% versus the Swiss franc, 0.4% against the euro, 0.3% relative to the loonie and 0.1% against sterling. Against the yen, the dollar inched 0.1% higher, but the U.S. currency in trade-weighted terms is close […]

* This article was originally published here

Trump says he may host G7 in person, after earlier cancelling - Kitco NEWS

Trump says he may host G7 in person, after earlier cancelling  Kitco NEWS

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Pound to Australian Dollar (GBP/AUD) Exchange Rate Falls on Positive Risk-Sentiment

GBP/AUD Exchange Rate Sinks as Covid-19 Vaccine Hopes Boost ‘Aussie The Pound to Australian Dollar (GBP/AUD) exchange rate fell by -0.4% today, with the pairing currently trading around AU$1.866. The Australian Dollar (AUD) continued to be buoyed by a growing sense of market confidence today, with the US Dollar...

* This article was originally published here

Tuesday, May 19, 2020

FX Alerts to your Inbox (UP/DOWN & HI/LO) - BestExchangeRates.com

FX Alerts to your Inbox (UP/DOWN & HI/LO)  BestExchangeRates.com

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Euro US Dollar (EUR/USD) Exchange Rate Rises on Franco-German Proposal

Euro US Dollar (EUR/USD) Exchange Rate Buoyed by Franco-German Proposal The Euro US Dollar (EUR/USD) exchange rate edged up by around 0.2% this afternoon. This left the pairing trading at around $1.0935. The single currency edged higher on Tuesday, boosted higher by a Franco-German proposal on Monday for a fund that...

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Trump says U.S. should consider ending trade deals under which it imports cattle - Kitco NEWS

Trump says U.S. should consider ending trade deals under which it imports cattle  Kitco NEWS

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Monday, May 18, 2020

Amazon's French warehouses to resume work with 30% of staff on Tuesday: unions - Kitco NEWS

Amazon's French warehouses to resume work with 30% of staff on Tuesday: unions  Kitco NEWS

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China central bank says to implement monetary policy more creatively - Kitco NEWS

China central bank says to implement monetary policy more creatively  Kitco NEWS

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China Jan-April fiscal revenues down 14.5% year-on-year: finance ministry - Kitco NEWS

China Jan-April fiscal revenues down 14.5% year-on-year: finance ministry  Kitco NEWS

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Pound to Euro (GBP/EUR) Exchange Rate Rises as Italy’s Debt Crisis Worsens

GBP/EUR Exchange Rate Edges Higher as ECB Says Covid-19 is ‘Terrible’ for Eurozone’s Economy The Pound to Euro (GBP/EUR) exchange rate rose by 0.4% today, with the pairing currently trading around €1.12. The Euro (EUR) struggled today after the European Central Bank’s (ECB) chief economist, Philip Lane,...

* This article was originally published here

Saturday, May 16, 2020

Trump’s Retaliatory Measures Against China Buoyed the Pound New Zealand Dollar (GBP/NZD) Exchange Rate

Pound Sterling New Zealand Dollar (GBP/NZD) Exchange Rate Rises as UK Past the Peak The Pound Sterling New Zealand Dollar (GBP/NZD) exchange rate edged -0.5% higher this morning, leaving the pairing trading at around NZ$2.0654. Sterling rose against the New Zealand Dollar this morning as on Thursday, Prime Minister...

* This article was originally published here

Pound Japanese Yen (GBP/JPY) Exchange Rate Falls as UK Manufacturing PMI Hits Historic Low in April

GBP/JPY Exchange Rate Falls as UK Manufacturing Suffers From Covid-19 Crisis The Pound to Japanese Yen (GBP/JPY) exchange rate fell by -0.8% today, with the pairing currently trading around ¥133.874. Sterling struggled today after it was revealed that UK consumer credit growth and mortgage approvals had fallen to...

* This article was originally published here