August 12th, 2015
By Smart Currency
The US dollar was pushed higher yesterday due to a surprising devaluing of the yuan by the Chinese central bank by 1.9%, its lowest rate against the dollar for almost 3...
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August 12th, 2015
By Smart Currency
Yesterday brought further dismay for China as the yuan fell 3% against sterling. The central bank’s decision to cut the reference rate by 1.9% triggered the...
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August 11th, 2015
By Ricky Bean
Sterling steadied the ship on Monday, halting the losses suffered in the worst week in three months for the British currency. Following comments by the Bank of England...
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August 11th, 2015
By Ricky Bean
It was a quiet day for the euro as it was almost unchanged against a strengthening US dollar and broadly weaker against sterling on Monday. The only real piece of news...
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August 11th, 2015
By Ricky Bean
The US dollar remained very static yesterday morning, up until comments made by US Federal Reserve member Fischer, who suggested that the central bank may want to wait...
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August 11th, 2015
By Ricky Bean
Today was a day to forget for the Japanese yen as it lost nearly 1 % against sterling. Failure to hit any expectations on all of yesterday’s data releases meant...
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