Foreign Exchange Analysis Headlines

Sterling stutters as UK negative rates speculation swirls

Sterling held below a 2-1/2 year high on Thursday as speculation swirled that the Bank of England could bring in sub-zero benchmark interest rates earlier than expected to counter the economic hit from a third coronavirus national lockdown.

Dollar turns higher as risk sentiment wanes

The U.S. dollar recovered after falling to its lowest level since April 2018 on Monday, as surging coronavirus cases undermined bullish sentiment that had begun the new year across global markets and pushed investors into riskier currencies, such as the Chinese yuan and the euro.

More weakness seen as dollar posts worst year since 2017

NEW YORK (Reuters) -The dollar posted its biggest yearly loss since 2017 on Thursday, capping off a manic year that saw the currency serve as a safe haven in March when panic over the spread of COVID-19 in the United States peaked, before dropping on unprecedented Federal Reserve stimulus.

Politics Video

Politics News

What happens if Washington falls behind on its bills?

The U.S. government could fall behind on its bills this month - and even default on its debt - if Congress doesn't raise a $28.9 trillion cap on government borrowing, a failure that could trigger economic calamity and panic on global financial markets.