UK fiscal position is sterling's "Achilles' Heel" - BoA
- The recent surge in UK gilt yields has highlighted the fragility of sentiment towards the country’s fiscal position, said Bank of America, which remains the...
- The recent surge in UK gilt yields has highlighted the fragility of sentiment towards the country’s fiscal position, said Bank of America, which remains the...
- The US dollar edged higher Friday, holding on to recent gains ahead of the release of the highly influential monthly jobs report, while sterling continued to...
-- Most Asian currencies weakened on Friday, while the dollar sat near its strongest level in over two years as traders braced for a potentially strong nonfarm...
-- The yield on United Kingdom (TADAWUL:4280) government debt, also known as gilts, reached its highest levels since 1998 on Thursday, while the British pound...
Bank of America analysts revised their long-term forecasts for the U.S. dollar, now anticipating a stronger performance through the end of 2025. The revised outlook comes after the...
By Ankur Banerjee and Greta Rosen Fondahn (Reuters) -The U.S. dollar drew strength from rising Treasury yields on Thursday, adding pressure to the pound and euro, while the yen...
- The British pound slumped to its lowest level in over a year Thursday, weighing by falling confidence in the country’s fiscal outlook amid soaring borrowing...
HONG KONG/SHANGHAI (Reuters) - Hong Kong has no intention and sees no need to change the system that pegs the city's currency in a tight band to the U.S. dollar and has the...
By Gabriel Burin BUENOS AIRES (Reuters) - Brazil's real currency is forecast to trade slightly stronger, at around 6 per U.S. dollar at the end of 2025 following a punishing year...
- The US dollar steadied Thursday, underpinned by rising Treasury yields after hawkish comments from the Federal Reserve and strong economic data furthered bets on a...