Currencies British Pound

  • The dollar started the week on the back foot in early Asian trade on Monday, with the euro edging up to its highest in more than a month.

  • The dollar edged lower in choppy trading on Friday as investors found few reasons to make big bets on the U.S. currency.

  • The dollar climbed on Thursday as solid U.S. data reinforced a theme of robust U.S. economic growth.

  • Brexit economic benefits only short-term for UK: Dutch PM

    Mark Rutte, prime minister of the Netherlands, discusses future Brexit negotiations.

  • NEW YORK/ LONDON, Jan 18- Cocoa futures on ICE were little changed on Wednesday, despite the brief closure of the main port in top grower Ivory Coast by protesting gendarmes, as bearish speculators stood pat and prices tracked the British pound instead. New York March cocoa futures settled down $2, or 0.1 percent, at $2,233 per tonne, while London March cocoa settled...

  • 100 dollar bills

    Investors eyed an upcoming speech by the head of the Federal Reserve and U.S. inflation data for clues on the path of interest rates.

  • LONDON, Jan 18- Sterling fell on Wednesday as investors locked in profits after its biggest one-day surge since at least 1998 in the previous session when Prime Minister Theresa May outlined Britain's hopes for its exit from the European Union. Sterling sliced 0.9 percent off the 3- percent gain it had made against the dollar on Tuesday, leaving it back at...

  • LONDON, Jan 18- Sterling dropped back on Wednesday after making its biggest one-day gain since at least 1998 on Tuesday as Prime Minister Theresa May outlined Britain's hopes for its exit from the European Union. May confirmed on Tuesday that she planned to take Britain out of the EU's single market, but cheered currency markets by including promises to let...

  • USD bumping up 3 or 4 percent: Schroders

    Huw van Steenis, global head of strategy at Schroders, discusses his view that the U.S. dollar will continue to grind higher.

  • LONDON, Jan 18- Sterling dropped back on Wednesday after making its biggest one-day gain since at least 1998 on Tuesday as Prime Minister Theresa May outlined Britain's hopes for its exit from the European Union. In a speech, May confirmed that she planned to take Britain out of the EU's single market, but cheered currency markets by including promises to let...

  • LONDON, Jan 18- Sterling dropped back on Wednesday after making its biggest one-day gain since at least 1998 on Tuesday as Prime Minister Theresa May outlined Britain's hopes for its exit from the European Union. In a speech, May confirmed that she planned to take Britain out of the EU's single market, but cheered currency markets by including promises to let...

  • HONG KONG, Jan 18- Asian stock markets stabilized near three-month highs on Wednesday, helped by Hong Kong and Chinese shares, as investors judged U.S. The firmness in Asia is expected to extend to Europe with stock futures in key European markets pointing to a higher start. "Trump's comments on the dollar has helped relieve downward pressure on the renminbi and on...

  • TOKYO, Jan 18- The dollar took a breather on Wednesday after falling to a seven-week low against the yen as investors await Federal Reserve Chair Janet Yellen's speech on monetary policy, while sterling gave back some of the previous session's rally. The euro slipped 0.2 percent to $1.06970, after it hit a high of $1.07195 on Tuesday, its highest since Dec. 8.

  • Stock markets in Hong Kong and China led the gains. "Trump's comments on the dollar has helped relieve downward pressure on the renminbi and on Chinese equities and we have seen a steady pick up in capital flows from mainland investors into Hong Kong stocks," said Alex Wong, a portfolio manager at Ample Capital with $100 million in assets under management.

  • *Dollar index wallows at lowest levels since Dec. 8. President-elect Donald Trump's comments showing concern over the currency's strength, while sterling edged down after posting its biggest one-day gain since at least 1998 after British Prime Minister Theresa May outlined her' Brexit' plans. The dollar index, which measures the greenback against the six...

  • HONG KONG, Jan 18- The British pound consolidated gains on Wednesday after posting its biggest rise in nearly two decades in the previous session, while Asian stocks are set to drift lower following a weak Wall Street. Sterling saw its biggest daily rise since at least 1998 on Tuesday as Prime Minister Theresa May promised a parliamentary vote on Britain's deal...

  • The rhetoric vs reality dynamic

    Tim Seymour, managing partner at Triogem AM, talks about how the politics have impacted the markets.

  • NEW YORK, Jan 17- U.S. stocks and the dollar fell while gold and government bonds rose on Tuesday as investors fled for safety after President-elect Donald Trump said the U.S. currency was too strong and they also questioned if his campaign promises would be fulfilled. Meanwhile sterling jumped as Prime Minister Theresa May said Britain would quit the European...

  • *Dollar index hits lowest since Dec. 8. NEW YORK, Jan 17- The dollar fell to a four-week low on Tuesday, moving lower against all Group of 10 currencies with sterling leading the charge after a soothing speech on Brexit from British Prime Minister Theresa May triggered the pound's largest one-day percentage gain since at least 1998.. The pound, already up more than 1...

  • *Dollar index hits lowest since Dec. 8. NEW YORK, Jan 17- The dollar fell to a four-week low on Tuesday, moving lower against all Group of 10 currencies with sterling leading the charge after a soothing speech on Brexit from British Prime Minister Theresa May triggered the pound's largest one-day percentage gain since at least 1998.. The pound, already up more than 1...