Monday , January 27 2020

Tag Archives: Dollar

Pound US dollar exchange rate steady as doubts over US-China trade deal increase | City & Business | Finance

Julian Evans-Pritchard, Senior China Economist at Capital Economics, said that the deal was “mostly a rehash of existing commitments”, echoing a more general sentiment which has left US markets feeling jittery over further obstacles to a “phase two” agreement between Washington and Beijing. However, US President Donald Trump’s top trade negotiator, …

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Pound US dollar exchange rate sinks as the Bank of England hints at interest rate cut | City & Business | Finance

Mr Carney was notably dovish in today’s speech, saying: “There are downside risks from global growth and the possibility that uncertainties over future trading relationships could remain entrenched. With the relatively limited space to cut Bank Rate, if evidence builds that the weakness in activity could persist, risk management considerations would …

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