Pound Little Changed After U.K. Manufacturing PMI

Pound Falls As U.K. Economy Contracts For Second Straight Month

The British pound weakened against other major currencies in the European session on Friday, as the UK economy shrank for the second consecutive month in May, adding challenges to Chancellor Rachel Reeves in achieving her self-imposed borrowing rules.

RTTNews | 1 day ago

Pound Falls Against Majors

The British pound weakened against other major currencies in the European session on Friday.

RTTNews | 1 day ago

Yen Retreats Amid US-Japan Trade Uncertainty

The Japanese yen retreated from early highs against other major currencies in the European session on Friday, amid concerns on US-Japan relations in light of Trump's placement of a 25 percent tariff on Japanese exports this week, which will go into force on August 1.

RTTNews | 1 day ago

Yen Retreats Against Majors

The Japanese yen weakened against other major currencies in the Asian session on Friday.

RTTNews | 1 day ago

U.S. Dollar Rises As Initial Jobless Claims Drop

The U.S. dollar advanced against its major counterparts in the New York session on Thursday, as initial jobless claims declined unexpectedly last week.

RTTNews | 2 days ago

Commodity Currencies Rise Amid Renewed Tariff Concerns; USD Slide

The commodity currencies such as Australia, the New Zealand and the Canadian dollars strengthened against their major counterparts in the early European session on Thursday, as traders are optimistic about an end to the tariff uncertainty after U.S. President Donald Trump made it clear that he will not extend the August 1 deadline for trade deals, though he gets aggressive with tariff imposition. They are also optimistic about a potential trade deal between the U.S. and the European Union.

RTTNews | 2 days ago