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USD: Strong economic releases strengthen dollar

Robust new home sales figures helped to boost the dollar against the pound and euro yesterday. Forecast at 647k, they came in slightly higher at 692k, in more evidence of the relative strength of the American economy right now. The dollar index, which measures it...


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GBP: Pound weakens on Brexit disillusionment

Sterling weakened to a two-month low yesterday amid disillusionment over the state of cross-party talks on Brexit. The Financial Times claims that Theresa May is planning another vote on her Brexit agreement within the next ten days, as compromise across the House...


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