Fri, 02 Oct, 2020
In the coming days, markets may probe and call the bluff on Boris Johnson's threat to crash Britain out of the EU, setting up a full-blown currency crisis well before the Brexit deadline he has set to get out with or without a transition deal by Halloween.
Sun, 11 Aug, 2019
Sterling steadied after initially posting further large losses on UK political fears but shares in Europe and the US were hit as the fallout of the US-China trade war extended to Chinese champion Huawei and the world’s chip makers for mobile phones.
Mon, 20 May, 2019
The immediate impact on Irish businesses over the last year has undoubtedly been the weakening of sterling, and although it recovered somewhat against the euro on January 17 after UK prime minister Theresa May’s speech, to 86.8p, it remains 24% below the level of November 2015.
Thu, 02 Feb, 2017
Venezuela's president has said the sudden decision to scrap the most-used currency bill was an economic triumph over the country's enemies, even as the government sent troops and police to cities where riots and looting broke out over the measure.
Sun, 18 Dec, 2016
Sterling fell sharply against the euro, ratcheting up the pressure on Irish firms selling goods and services across the Irish Sea following the weekend declaration by British Prime Minister Teresa May that the UK is intent on a hardline exit from the EU.
Tue, 04 Oct, 2016
This is panning out to be a very tricky year for Irish exporters, as slowing international economic growth is being laced with extreme currency movements, led by the British pound falling under the pressure of an EU referendum now scheduled for June 23.
Sat, 27 Feb, 2016
The four major reserve currencies (dollar, euro, yen, and sterling) have been confined to relatively narrow trading ranges against each other over the past six months. This follows a period of big exchange rate moves in the second half of last year and early part of 2015.
Tue, 06 Oct, 2015