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Currencies British Pound

  • The dollar limped off multi-month lows against major peers on Tuesday.

  • An American tourist stands near the Houses of Parliament the day after the majority of the British public voted to leave the European Union on June 25, 2016 in London, England.

    The U.K. is staring down the barrel of a hard Brexit and that will bring four types of market distress, a portfolio manager said.

  • Concerns rose about the prospects of a U.S. public spending boost under President Trump after he failed to push through a health-care bill.

  • At the start of a week set to include Britain's formal request to leave the European Union, the pound gained 0.8 percent compared with Friday's close in New York, reaching $1.2615, its highest since Feb. 2. The moves take it to the top of a $1.20- $1.27 range it has held since October. "$1.25 to $1.27 is the sell zone at the moment.

  • LONDON, March 27- Sterling surged almost 1 percent to a seven-week high against the dollar on Monday, gaining with other major currencies after the failure of a Republican healthcare bill weakened faith in U.S. At the start of a week set to include Britain's formal request to leave the European Union, the pound gained 0.8 percent compared to Friday's close on...

  • Brexit a factor in BOE stress test reform: Pro

    Gianluca Corradi, head of U.K. banking practice at Simon-Kucher & Partners, discusses changes announced Monday by the Bank of England to its stress tests for banks.

  • LONDON, March 27- Sterling surged almost 1 percent to a seven-week high against the dollar on Monday, gaining with other major currencies after the failure of a Republican healthcare bill weakened faith in U.S. At the start of a week set to include Britain's formal request to leave the European Union, the pound gained 0.8 percent compared to Friday's close on...

  • BOE stress tests a good thing for banks overall

    CNBC's Gemma Acton speaks about her expectations of the Bank of England's stress-testing reform, adding that Brexit must be factored in.

  • CNBC's Gemma Acton discusses the Bank of England's stress tests, which she anticipates will include "quite a few changes on the assumption side ... Less so on the framework side."

  • Where the pound is headed

    Todd Elmer, currency strategist at Citi, says the GBP has been resilient despite the upcoming triggering of Article 50 due to strong economic data.

  • The dollar edged up against the yen on Friday, recovering from its worst run of daily losses versus the safe-haven currency since 2010.

  • LONDON, March 24- Sterling fell against the dollar and euro on Friday, retreating from the previous session's one-month highs, as investors braced for Britain beginning the formal process of leaving the European Union next week. An interview with Bank of England policymaker Gertjan Vlieghe in The Times on Friday also laid out an argument for not raising...

  • LONDON, March 24- Sterling fell against the dollar and euro on Friday, retreating from the previous session's one-month highs, as investors braced for Britain's beginning the formal process of leaving the European Union next week. An interview with Bank of England policymaker Gertjan Vlieghe in The Times also laid out the argument for the Bank looking through...

  • The dollar held under $1.08 per euro for a second day on Thursday as investors awaited a vote on Republican health care plans.

  • LONDON, March 23- British exporters cannot count on enjoying the "sweet spot" which was created by the Brexit vote last year, a top Bank of England official said on Thursday, underscoring the BoE's cautious view on the outlook for the economy. Deputy Governor Ben Broadbent said the fall in sterling-- down around 16 percent against the dollar since June's vote to leave...

  • The FTSEurofirst 300 barely budged as London, Frankfurt and Paris started flat and the pound fared better than most as the dollar began to muscle higher again in the currency markets. The history of these attacks, including those in France, Germany and Belgium last year as well those in London and Madrid more than 10 years ago, show little lasting impact on...

  • LONDON, March 23- The pound hit a month's high against the dollar on Thursday as investors awaited UK retail sales data expected to turn positive for the first time in three months. A surprise third monthly fall running in retail sales in January pointed to cooling consumer sentiment, the first major sign of weakness in the British economy since last year's vote...

  • *Asia higher but markets edgy about U.S. growth prospects. European markets are poised for a stronger start, with financial spreadbetter CMC Markets expecting Britain's FTSE 100 to open 0.1 percent higher, Germany's DAX to be up 0.4 percent and France's CAC 40 to begin the day 0.2 percent higher. Having weakened as much as 0.4 percent a day earlier, sterling was...

  • The dollar hit a four-month low against the safe-haven yen on Wednesday.

  • LONDON, March 22- The pound flattened out on Wednesday after hitting its highest levels in almost four weeks, as speculation that the Bank of England will raise rates within the next year was cooled by broader concerns about a Brexit-driven economic slowdown. The Bank of England's regular survey of firms pointed to a greater willingness to invest but also...