Donald Trump pulls back again and abandons plans to escort shipping through the Strait of Hormuz.
Read more … →The dollar strengthens as Japanese market intervention fades into memory and the Middle East conflict simmers.
Read more … →The pound-dollar exchange rate rose to a new two-month peak at 1.3622 on Friday, the highest level since February 17.
Read more … →The Federal Reserve is divided on where to take interest rates next, deflating hopes for a number of rate cuts this year.
Read more … →The Middle East conflict is said to be entering a 'cold war' phase, which raises market risks substantially.
Read more … →Pound sterling wants to go higher against the dollar, but two central bank decisions will have their say this week.
Read more … →Dollar eases into the weekend as it's confirmed a second round of U.S.-Iran peace talks are at hand.
Read more … →