Saturday, 23rd September 2017

Interest Rates News

This is the category page for all Interest Rates news here on ukfx.co.uk...

Dollar drops against the euro

31 Jul at 9 AM

News Item Link: Dollar drops against the euro

The US dollar has fallen against the euro ending close to a six-week low. Investors are expecting economic growth for the second quarter of the year to be soft. If this is the case it is likely that the Federal Reserve will choose to keep interest rates low. Although the first quarter saw a GDP rise of 1.8 per cent, analysts are expecting...

Dollar strong against other currencies

3 Jul at 9 AM

News Item Link: Dollar strong against other currencies

The dollar is continuing to hold its own against other major currencies ahead of tomorrow’s holiday in the US and expectations that jobs data to be released on Friday will be positive. Economists are expecting 165,000 new jobs to have been created in June and the rate of unemployment to be 7.5 per cent. The strong data will support...

Euro up as all eyes focus on the Fed

19 Jun at 9 AM

News Item Link: Euro up as all eyes focus on the Fed

The US dollar has managed to crawl back a tad against a basket of other currencies, but remains close to a four-month low. Although the greenback is up slightly against the yen it is down against both the Swiss franc and the euro. Investors are now concentrating on the results of a policy meeting at the US Federal Reserve to see if Chairman...

Dollar hit by BoJ stimulus decision

12 Jun at 9 AM

News Item Link: Dollar hit by BoJ stimulus decision

The yen is up significantly against the US dollar following the Bank of Japan’s decision not to introduce any fresh stimulus. The worry for investors is that other central banks could also decide to cut short their easy money programmes. All eyes have been on the Federal Reserve recently to see whether its bond buying programme will be...

Dollar firm ahead of jobs report

5 Jun at 9 AM

News Item Link: Dollar firm ahead of jobs report

The US dollar has recovered some ground against the yen after falling to its lowest level in four weeks against the Japanese currency on Monday. The greenback was given additional support following reports that the Japanese government will push public pension funds to invest in overseas assets and equities. The dollar gained 0.4 per cent...

Dollar strengthens on positive economic data

29 May at 9 AM

News Item Link: Dollar strengthens on positive economic data

Investors are being drawn to the US dollar after strong economic data coming out of the States raised expectations that the Federal Reserve will begin to rein in its easy money programme. The yen has also been given a boost by falling Japanese stocks. The yen is up 0.3 per cent against the greenback to 102.14. On Tuesday the yen dropped...

Euro spikes on German industrial data

8 May at 9 AM

News Item Link: Euro spikes on German industrial data

Better than expected economic data coming out of Germany has seen the euro rally, although gains are likely to remain limited as the European Central Bank moves to further ease monetary policy. German industrial orders for March increased by 2.2 per cent on a month earlier and as a result the euro spiked as high as $1.3123. On Monday the...

Euro drops against the dollar

24 Apr at 9 AM

News Item Link: Euro drops against the dollar

The euro has ended at its lowest level against the US dollar in two weeks as weak data from Germany indicates that recovery in the eurozone remains sluggish. The news also means the European Central Bank could move ahead with an interest rate cut. At its lowest point the euro was trading at $1.2971 and was last at $1.2998. Data for April...

Euro moves away from high against sterling

20 Aug at 12 PM

News Item Link: Euro moves away from high against sterling

Following a statement from Germany’s Finance Minister about the unlikelihood of bond spreads being targeted by the European Central Bank, the euro eased away from a high session against the sterling today. A dip of 0.09% saw EUR/GBP finish at 0.7851 in morning trade after briefly reaching 0.7872. Friday’s high of 0.7876 was quoted as...

Euro on defensive before ECB easing decision

5 Jul at 9 AM

News Item Link: Euro on defensive before ECB easing decision

The euro hovered close to one-week lows earlier on Thursday, with subdued trading after the US Independence Day holiday and before a widely anticipated cut in interest rates by the European Central Bank today. The ECB is set to make an announcement at 1145 GMT, which will be followed by ECB President Mario Draghi’s news conference. Any...