Viraj Patel

10 results

Photograph: iStock

The pound extended the last week’s dramatic rally on Friday as investors pounced on a media report that Northern Ireland’s largest political party had(...)

Photograph: iStock

The pound sank to a one-week low on Tuesday on rising doubt among investors about the progress of Brexit talks and the future leadership of the Bank (...)

The fall of sterling  follows weekend comments by the UK’s international trade secretary Liam Fox, who warned that the risk of no-deal Brexit had risen to 60%.   Photograph: EPA

Sterling has faced fresh selling on markets, bringing it over 90p against the euro for the first time in nine months. The selling reflects rising fe(...)

Sterling inched higher on Friday before a long-awaited meeting where UK prime minister Theresa May will try to convince her ministers to back her poli(...)

“Hawkish commentary from the European Central Bank has pushed euro/dollar above 1.2092, and it is now at the highest level since before the ECB started its quantitative easing programme in 2015.” Photograph: Getty Images

The dollar remained unloved on Monday, sinking to a fresh three-year low against the euro and a four-month trough versus the yen, although activity in(...)

Sterling dropped after Britain’s Prime Minister Theresa May’s speech in Florence, Italy. Photograph: Jeff J Mitchell/Reuters

The pound fell on Friday as investors were disappointed by UK Prime Minister Theresa May’s much-awaited speech in Florence. Sterling declined agains(...)

Sterling surged to a one-year high of 89p against the euro on Tuesday.

Sterling’s mini revival has brought some welcome relief to Irish exporters, but with the Brexit negotiations on a knife edge and UK growth still weak,(...)

Safe-haven assets such as the Swiss franc have performed well since news surrounding North Korea broke. Photograph: iStock

Switzerland’s franc on Wednesday posted its biggest single-day rise against the euro since the central bank removed its cap on the currency in January(...)

Sterling dropped briefly earlier this week after Theresa May accused EU officials of trying to interfere in a poll

The pound inched higher on Friday, a week of generally upbeat business sentiment surveys pushing it towards recent highs of around $1.2950. Sterling(...)

An investor holds a child in front of an electronic screen showing stock information at a brokerage house in Shenyang, Liaoning province.  Photograph: Reuters

Amid a flurry of doom-laden reports about China’s economic outlook, a very bullish report comes our way from Barclays, entitled China 2.0: a new econo(...)