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Foreign Exchange Analysis Headlines

Dollar inches higher after stalemate in pandemic aid talks

The dollar edged higher while the euro gave up earlier gains on Tuesday in choppy trading, as risk appetite soured after a top U.S. Senate official said negotiations in Congress on an additional stimulus package for the virus pandemic have not progressed.

Weak data weighs on pound's rise towards five-month highs

The British pound climbed towards five-month highs on Tuesday, benefiting from broad-based dollar weakness even as data showed job losses in Britain jumped to their highest levels in more than a decade in the three months to June.

North America, UK daily forex volumes down in April - surveys

Daily currency volumes in North America and the United Kingdom dropped in April from October 2019 and a year earlier, according to semi-annual surveys by the New York Federal Reserve's Foreign Exchange Committee and the Bank of England released on Monday.

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