markets | eNCA

The pound has been rocked by Britain's political drama

Pound sinks on UK political chaos

21 October 2022

The dollar is up sharply against other currencies as the Federal Reserve presses ahead with sharp interest rate hikes to fight inflation

Dollar extends gains on Fed rate hike expectations

21 October 2022

Adding to the dollar's strength against the pound was fresh uncertainty in Westminster after the resignation of Home Secretary Suella Braverman

Asian markets drop and dollar rises as inflation, rate fears return

20 October 2022

Forex traders are keeping tabs on Tokyo as the yen edges towards 150 per dollar

Asian markets mixed as traders struggle to keep rally's momentum

19 October 2022

Traders cheered Jeremy Hunt's decision to tear up his predecessor's debt-fuelled mini-budget, which sent shivers through markets last month

Stocks, sterling extend gains after UK budget U-turn

18 October 2022

Pressure is building on UK Prime Minister Liz Truss, who sacked her finance minister last week following his controversial mini-budget that hammered finance markets and sent the pound tumbling

Pound rallies as UK set to unveil spending plans

17 October 2022