Tax rise warning after Pound's fall and borrowing costs soar as Rachel Reeves criticised for China trip - Sir John Gieve, ...

HKU Business School yesterday unveiled the "Hong Kong Economic Policy Green Paper 2025" ("Green Paper"). This comprehensive ...

Reeves’ mission has become more desperate as the U.K. economy continues to falter, with borrowing costs this week reaching ...

The pound extended its slide against a resurgent dollar on Thursday morning to hit a 14-month low. The pound weakened 0.7 per cent to $1.23, its weakest since November 2023, as the dollar index, which ...

The USD/CNY exchange rate continued rising, reaching its highest level since September 2023. It rose to a high of 7.3315 this ...

Therefore, the recent decline in the RMB exchange rate is a result of global currencies coming under pressure from the dollar ...

The US dollar's share of global foreign exchange reserves has fallen to a 30-year low as central banks diversify into gold and other currencies.

Pulling from one side are currency traders betting Beijing will respond to Donald Trump's coming trade war with a weaker yuan ...

Yet the dollar consistently bucked the typical seasonal downtrend, drawing unexpected strength, even as a brief rally in US Treasuries at year-end ensued. With the dawn of the new year, the dollar ...

European stock markets retreated Friday, as traders booked profits from a positive start to 2025 and awaited a full return to ...

The central parity rate of the yuan against the U.S. dollar is based on a weighted average of prices offered by market makers before the opening of the interbank market each business day. The central ...

The Pound to Dollar (GBP/USD) exchange rate dipped to 6-month lows below 1.25 in December before stabilising. Scotiabank expects that a strong US economy and high yields will drive the dollar to ...