Currencies British Pound

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  • 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.

  • LONDON, July 21- Sterling rose on Thursday after another Bank of England interest rate-setter, Kristin Forbes, said the central bank should not rush into a decision to cut interest rates. The BoE said last week that most of the nine members of its Monetary Policy Committee expected to give the economy more help at their next meeting which ends on Aug. 4.

  • A 'To Let' letting sign is seen displayed outside a rental property in an area that is popular for buy-to-let properties

    Brexit exposed cracks in U.K. property investments, but there's still opportunity in the market, Pictet Alternative Advisors’ CEO Nicolas Campiche said.

  • The dollar hit a four-month high against a basket of currencies, bolstered by strong U.S. data and expectations of Fed rate rises.

  • *FTSE 100 up 0.4 pct. LONDON, July 20- UK shares advanced on Wednesday, supported by recent currency weakness and gains in healthcare stocks, though miners fell after updates from Anglo American and BHP Billiton. The rally was broad-based, with analysts citing weakness in sterling in the aftermath of Britain's June 23 Brexit vote as making dollar-earning...

  • The dollar rose against a basket of major currencies after U.S. housing starts rose by more than expected in June.

  • The New Zealand dollar was one of the big movers in early Asian trade, with the kiwi falling sharply after the Reserve Bank of New Zealand stepped up efforts to impose fresh curbs on a hot housing market- a move seen as raising the chance of a rate cut. The yen traded at 106.20 yen to the dollar, having fallen to as low as 106.33 in early trade, its lowest level since June 24.

  • *Yen falls as Turkey asserts control after attempted coup. NEW YORK, July 18- The dollar rose by more than 1 percent against the yen on Monday, nearing a three-week high, as investors unwound a surge of safe-haven trades made on the back of an attempted military coup in Turkey. Turkey purged its police on Monday after rounding up thousands of soldiers in the wake of the...

  • An camera store employee counts Japanese yen notes in Tokyo, Japan.

    The Yen slips broadly as Turkey quells an attempted military coup, while calm in UK prompts sterling bump.

  • *Yen slips broadly as Turkey quells attempted military coup. NEW YORK, July 18- The dollar rose against the yen on Monday, approaching a three-week high, as investors unwound a surge of safe-haven trades made on the back of an attempted military coup in Turkey. Turkey purged its police on Monday after rounding up thousands of soldiers in the wake of the unsuccessful...

  • LONDON, July 18- Sterling rose on Monday, boosted by expectations of inflows after Japan's Softbank agreed to buy chip designer ARM in a 24.3 billion pound deal which should help plug Britain's yawning current account gap. The pound extended gains after Bank of England policymaker Martin Weale said he was unsure if he would back an interest rate cut at next...

  • Commuters heading into the City of London walk in the rain across London Bridge, in front of the Shard skyscraper, in central London on June 27, 2016.

    The British pound could be showing signs of a false dawn, according to currency analysts, who suggest that a recent rally could soon give way to more bouts of heavy selling.