Currencies British Pound

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  • The U.S. dollar gained against the euro and the yen after the Federal Reserve left the federal funds rates unchanged on Wednesday.

  • LONDON, July 27- Sterling edged down against the dollar and euro on Wednesday, refusing to be lifted by second-quarter UK growth data that was stronger than had been expected, though backward-looking. Sterling hit the day's low of $1.3072 after the retail numbers, though it had recovered to trade just slightly lower on the day at $1.3122 by 1445 GMT, leaving it more...

  • LONDON, July 27- Sterling slipped against the dollar and euro on Wednesday despite second-quarter UK growth data that was stronger but too backward-looking to have much impact on the currency. Helped by the biggest upturn in industrial output since 1999, Britain's economy grew by 0.6 percent, up from 0.4 percent in the first three months of 2016, during a...

  • The GDP data due at 0830 GMT is forecast to show 2 percent year-on-year growth, but it will only incorporate one week of the period after Britain's vote to leave the EU. "They do give us an idea of how the economy was set up going into the referendum so they're not completely insignificant," said RBC Capital Markets currency strategist Adam Cole.

  • Japanese yen banknotes of various denominations

    The yen hit a high against the euro and rose against the dollar as traders lower expectations of a Japanese stimulus injection.

  • LONDON, July 26- Sterling hit a two-week low on Tuesday after a Bank of England policymaker said a batch of weak UK data would be "very material" for the bank's next policy meeting, having last week said he needed more evidence of economic weakness before backing an interest rate cut. Sterling slipped as low as $1.3057 in morning trading in London, its weakest since...

  • Woman looks at chart showing drop in sterling against U.S. dollar in London on June 24, 2016.

    The pound is expected to push even lower, according to currency analysts, as the first signs emerged of the impact it's giving to the business sector.

  • LONDON, July 26- Sterling hit a two-week low on Tuesday after a Bank of England policymaker suggested a batch of weak UK data had convinced him monetary policy should be eased immediately, having last week said he needed more evidence of economic weakness first. fits with our view that we do expect further stimulus from the Bank of England, "said Societe Generale...

  • 100 dollar bills

    The dollar inched up against the yen ahead of meetings at the Bank of Japan and the Fed which investors expect to be dollar-positive.

  • LONDON, July 25- Sterling trod water on Monday after a survey painted a subdued picture of Britain's manufacturing sector, underpinning the view that a recession could hit in the near future and that the Bank of England will need to further ease monetary policy. Investors are worried that "Brexit" will have negative consequences on the economy and in particular...

  • LONDON, July 25- Sterling eased from highs on Monday after a survey painted a subdued picture of Britain's manufacturing sector, underpinning expectations of recession in the near future and more monetary stimulus from the central bank. CBI's Industrial Trends report for July, which captured the impact of Britain's June 23 vote to leave the European Union,...

  • LONDON, July 25- Sterling inched up on Monday, recovering some of the ground it lost late last week from surveys suggesting Britain was heading towards recession and boosting expectations the Bank of England will have to stimulate growth next month. Analysts said all eyes would be on the CBI's Industrial Trends report for July, due at 1000 GMT, which would give...

  • Sterling heading lower? Absolutely

    Are global central banks acting in co-ordination with one another or not? Simon Derrick, chief currency strategist at BNY Mellon, discusses with added comment on the U.K.'s currency.

  • The dollar index also hit its highest level since March.

  • *Sterling tumbles as poor U.K. data stoke recession worries. NEW YORK, July 22- U.S. stock prices rose on Friday, marking four straight weeks of gains, while sterling dropped on bleak data that raised fears about a possible British recession following the country's June 23 vote to leave the European Union. You have a strong package of data that have been constructive...

  • *World equity prices fall, S&P and Dow below record peaks. *Sterling tumbles as poor U.K. data stoke recession worries. NEW YORK, July 22- World stock prices slipped modestly on Friday, while sterling dropped on bleak data that raised fears about a possible British recession following the country's June 23 vote to leave the European Union.

  • LONDON, July 22- Sterling fell 1 percent and gilts rose on Friday after surveys showed business activity had wilted in the wake of the Brexit vote, bolstering expectations the Bank of England will have to do more next month to stimulate growth. Sterling fell more than 1 percent to $1.3085 down from $1.3270 beforehand and on track for weekly losses.

  • LONDON, July 22- Sterling dived and gilts rose on Friday after surveys showed business activity had wilted in the wake of the Brexit vote, bolstering expectations the Bank of England will have to do more next month to stimulate growth. Sterling fell 0.5 percent to a day's low of $1.3165 down from $1.3270 beforehand. "Sterling has been hit quite hard as you would...

  • Expect currency volatiltiy in post-Brexit world: Report

    Wolfgang Koester, FiREapps CEO, provides details from a new report about the fallout from Brexit.

  • 100 dollar bills

    The dollar fell after a six-week high against the yen, while the Euro showed little change after ECB keeps policy unchanged.