US dollar weakens as de-dollarisation becomes ‘real, and frankly scary, prospect’ Markets The dollar has fallen 0.7 per cent today, marking its fifth straight day of decline, as markets continue to reassess the currency’s position in the global economy. The DXY index, which tracks the dollar’s value against a basket of currencies, dropped to its lowest in three years in trading today. The dollar index has now fallen [...]
UBS upgrades sterling expectations amid dollar dip Markets UBS has upgraded its expectations for sterling against the dollar due to its fall amid a global trade war kicked off by President Trump After jumping 1.3 per cent against the dollar immediately after the tariff were announced, sterling has fallen more than two per cent, leaving it 0.7 per cent down over the last [...]
UK economy: Britain’s resilience to tariffs could support pound sterling Markets Sterling could outperform against the euro in the coming weeks because the UK is less exposed to the threat of Donald Trump's tariffs, analysts think.
Four ‘outrageous’ market predictions for 2025 December 3, 2024 Saxo Bank has published the latest in an annual series of “outrageous predictions” for 2025, from Nvidia trouncing its Mag Seven peers to the US dollar blowing up. The Danish bank’s predictions for the year, which do not represent its official views, are “meant to spark discussions and challenge consensus” about a changing world. Here [...]
Sterling soars to multi-year highs as investors flock to ‘safe haven’ UK July 12, 2024 Higher interest rates benefit domestic currencies, because international investors are able to earn a higher return on their investments.
Kane: Past experience can take England to successive Euros finals July 9, 2024 England captain Harry Kane has insisted that past semi-final experience can help the Three Lions reach a second successive Euros final. England take on the Netherlands on Wednesday in Dortmund with a place in Sunday’s final on the line. But Kane, who has been a key cog throughout Gareth Southgate’s tenure, says their 2018 World [...]
Bellingham investigated by Uefa over gesture that broke ‘basic rules of decent conduct’ July 1, 2024 England No10 Jude Bellingham is being investigated by Uefa over a gesture in which he appeared to point towards his groin area. The governing body of European football said his gesture – after England’s miraculous comeback 2-1 victory over Slovakia on Sunday – broke “the basic rules of decent conduct”. In a video circulated on [...]
Euro 2024 Group C table in full after England draw 0-0 June 25, 2024 England limped past Slovenia in a goalless draw to reach the last 16 of the Euro 2024 Championships last night. Gareth Southgate’s men had a Bukayo Saka goal ruled out for offside in the first half at the RheinEnergieStadion in Cologne but were unable to find the back of the net for the remainder of [...]
France, Portugal, Spain and Germany on same side of Euro 2024 Round of 16 June 25, 2024 France missed a number of chances on Tuesday evening as they finished their final Group D tie against Poland 1-1 but booked a spot in the Round of 16. The result, combined with a 3-2 win for Austria over the Netherlands, means France could only finish as runners-up in Group D behind Ralf Rangnick’s Das [...]
Has sterling finally recovered from the impact of Brexit? June 3, 2024 A recovering economy is more likely to receive overseas investment, strengthening the pound.