The U.S. dollar held steady against major currencies on Monday, after posting its biggest weekly gain in more than a month, as traders closed short positions ahead of a Federal Reserve policy meeting this week. The greenback was little changed among caution ahead of the Fed meeting that runs two days to Wednesday. In recent [...]
A rush by home-buyers to beat an end-of-June deadline for a tax break and a shortage of properties on the market helped to push a measure of British house prices to its highest level since 1988 in May, a survey showed on Thursday. "With the economy performing better than could have been expected even a [...]
Pound is trading high taking benefit of US dollar weakness. Just like all other major currency pairs, the cable also seem to benefited from the dollar weakness while also taking the advantage of BOE policymakers’ optimism. While doing so, the currency pair ignores recent Brexit-negative headlines as the greenback remains under pressure. European Commission (EU) [...]
The re-opening of UK continues with people now allowed to be inside pubs and restaurants from Monday along with indoor socializing and a limited range of foreign travel. This should led a helping hand to re-boot the service sector, an area that has been hit hard by coronavirus lockdowns, with people now able to spend [...]
