Foreign Exchange Analysis Headlines

Pound hits 11-day high in Brexit rollercoaster ride

Britain's pound hit an 11-day high in a volatile day of trading on Friday and was heading for its best week in four, benefiting from a weaker dollar as well as signs that Britain is to be offered a two-year Brexit transition deal.

Dollar steadies ahead of Friday's U.S. inflation data

The dollar was poised to narrowly ward off a fifth straight day of losses against a basket of currencies on Thursday, as investors looked ahead to inflation data on Friday that may provide more clues on the next U.S. interest rate hike.

Sterling long bets under pressure as Brexit noises grow

Britain's pound steadied on Wednesday, holding just above a one-month low hit as investors grew concerned on whether entrenched expectations of higher UK interest rates were reasonable given a backdrop of uncertain Brexit negotiations.

Euro hits one-week high on upbeat data, view on ECB

The euro hit a one-week peak on Tuesday as Germany rang up its best month for exports in a year in August and expectations grew that the European Central Bank may consider scaling back its asset purchases.