The pound climbed to its highest levels in six weeks on Tuesday against the backdrop of broad-based dollar weakness and after a new poll showed the ruling Conservative Party widening its lead before next week's election.
The dollar dropped to two-week lows on Monday after data showed the U.S. manufacturing sector shrank for a fourth straight month in November and construction spending fell unexpectedly, stoking fears the world's largest economy could slip into recession.
The dollar gained on Friday after five straight days of losses, lifted by data showing the U.S. economy created many more jobs than expected in November, backing the Federal Reserve's stance of keeping interest rates on hold after cutting them three times this year.
Sterling fell on Friday, consolidating after three days of gains that took the pound to 2-1/2-year high versus the euro and a seven-month high against the dollar on expectations that the Conservative Party will win next week's British election.
The dollar and export-oriented currencies found support on Thursday as upbeat trade comments from U.S. President Donald Trump cheered the market, while New Zealand's softer-than-expected banking reforms pushed the kiwi to a four-month high.
hg0088如何开户The pound was sluggish on Monday as polls showed that the Conservative Party was leading albeit with a smaller advantage, increasing the probability that the Dec. 12 UK election will end in a hung parliament.
The dollar gave up early gains to trade slightly lower on the day against a basket of currencies on Friday as a still unsigned partial U.S.-China trade deal kept investors on edge and the shortened holiday week limited currency moves.
hg0088如何开户The dollar headed for its highest weekly finish against the safe-haven yen since May on Friday, as data showing the U.S. economy on a firm footing prompted investors to scale back rate-cut bets.
hg0088如何开户Sterling briefly touched near seven-month highs against the euro on Thursday on a poll predicting a comfortable election victory for the ruling Conservatives, then slipped to end the day marginally lower.
The dollar was little changed in London trading on Thursday as a mild overnight risk-off move, sparked by the United States and China clashing over Hong Kong, subsided.
hg0088如何开户The dollar rose against a basket of currencies on Wednesday on upbeat U.S. data in subdued trading as uncertainty about a possible U.S.-China trade deal lingered during a U.S.-holiday shortened week.
Sterling was a touch firmer on Wednesday, recovering from early losses following the third poll in a row that showed a narrowing lead for the governing Conservative Party before Britain's Dec. 12 election.
The U.S. dollar was slightly lower against a basket of currencies on Tuesday as traders looked to the latest developments in the U.S.-China trade talks for direction and the shortened holiday week kept currency moves muted.
hg0088如何开户Sterling fell on Tuesday after a second opinion poll showed the Conservative Party's lead is narrowing before the British election next month.
Positive news on the China-U.S. trade front helped boost risk sentiment on Monday, lifting the U.S. dollar to a one-week high against the safe-haven yen, while the British pound rose as UK election polls over the weekend continued to show a sizeable lead for the Conservative...
Sterling climbed from recent lows as polls continued to show the ruling Conservatives as runaway favourites to win the Dec. 12 election with a pledge to implement Brexit and halt 3-1/2 years of political uncertainty.
The U.S. dollar shook off early weakness to advance against a basket of currencies on Friday, after data showed U.S. factory and services activity quickened in November in a sign of the continued resilience of the U.S. economy.
hg0088如何开户The pound weakened on Friday and is set for its biggest daily loss in nearly three weeks after surveys showed British business suffering its deepest downturn since mid-2016, with caution rising before a Dec. 12 general election.
The dollar shook off early weakness to creep higher against other major currencies on Thursday, with investors focussed on the latest developments in a bitter 16-month long trade dispute between the United States and China that has weighed on the world economy.
hg0088如何开户The pound struggled to break through the $1.30-mark yet again on Thursday, as a rebound in the dollar and an election manifesto from the opposition Labour Party that fuelled some profit-taking on the British currency.
hg0088如何开户The dollar edged higher on Wednesday on news that a "phase one" U.S.-China trade deal may not be completed this year, raising the prospect of another hike in tariffs and spurring safe-haven demand.
hg0088如何开户The U.S. dollar edged higher against a basket of currencies on Tuesday, on pace to snap a three-day losing streak as continued lack of clarity about U.S.-China trade talks kept investors cautious.
Sterling edged down on Tuesday, but remained near a six-month high versus the euro on the back of a new poll reinforcing investors' expectations the ruling Conservative Party will win a parliamentary majority in Britain's election next month.
hg0088如何开户The dollar dropped against the yen and the euro on Monday after a media report dashed fresh hopes that the United States and China are close to reaching a trade deal.