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Sterling has worst week in a year as May crumbles
Sterling has been pummelled this week as a disastrous speech by Prime Minister May raised fears of further disruption in UK politics.
The weak performance...
GBP/USD dumps after weak UK GDP figures
The pound fell on Friday following the release of UK GDP figures pointing to a weaker expansion in the second quarter than initially thought.
In...
Oil rally pauses day after Kurdistan referendum
Oil prices fell on Tuesday after strong gains in the previous session on fears Turkey was going to refuse to receive oil from the...
GBP/USD hits 1-month high as dollar weakness continues
GBP/USD hit 1.3158 on Friday, the highest level since 4th August driven by a continued weakness in the US dollar.
Cable is up over 350...
EUR/USD retreats from highs after ECB warning
The Euro has fallen over 200 pips from highs helped lower by a Reuters report suggesting ECB officials were unhappy with the strength of...
Sterling drops as Brexit talks remain in stalemate
Sterling sank against the dollar on Thursday as Barnier said there had been ‘no decisive progress’ in Brexit negotiations.
The lack of progress will unnerve...
Oil price rises following decline in inventories
Oil prices have pushed higher after US crude inventories declined by 3.3 million barrels suggesting the supply glut may finally be easing.
The Energy Information...
Oil prices sag after Aramco chief warns on lack of investment
Oil prices fell on Monday after Aramco chief Amin Nasser warned that low investment in the industry could lead to a supply shortage.
The oil industry...
Brent crude edges up as oil prices remain supressed
The price of oil rose slightly on Thursday but still hovered around seven month lows, as an ongoing supply glut continues to weigh on...
Oil prices recover slightly but remain near 2017 lows
Oil prices moved up from their recent lows on Friday, but excess supply continues to put downward pressure on the market.
The price of oil...
