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Currencies British Pound

  • Brexit:  One Year Later

    Peter Spiegel of the Financial Times discusses the market impact of Brexit talks a year after the UK's vote to leave the EU.

  • Brexit marks 1-year anniversary

    CNBC's Wilfred Frost takes a look back on the United Kingdom vote that sparked the reorganization of European politics and shook up British leadership.

  • Pedestrians walk past the Bank of England in the City of London, Britain June 28, 2016.

    BOE policymakers that are pushing for a rate hike have been wrong for the past eight years and there's no sign of them getting it right no, HSBC's global head of foreign exchange strategy told CNBC.

  • LONDON, June 23- For years the options market that companies and investors use to hedge against big swings in currencies viewed the euro as a bigger political and structural risk than Britain's pound. In the political and market turmoil immediately before and following Britain's decision last June to leave the European Union, financial market investors...

  • ‘No deal’ Brexit scenario is bad for UK pound: HSBC

    David Bloom, global head of foreign exchange strategy at HSBC, takes a look at the moves in sterling in relation to news surrounding Brexit.

  • Expect BoE rate hike in August: Strategist

    Peter Dragicevich, Nomura, says the Bank of England will raise interest rates in August as a way of removing some of the stimulus it enacted post-Brexit.

  • This analyst is still cautious on GBP

    Pound sterling is likely to continue underperforming the euro but its path against the dollar appears more mixed, says Khoon Goh, ANZ Research.

  • Doubts crept in as to whether the modest current economic expansion warrants further rate increases.

  • LONDON, June 22- Sterling traded slightly below $1.27 on Thursday as investors were divided over the prospect of a rise in interest rates from the Bank of England after two of its top officials gave opposing signals on the matter this week. BoE Governor Mark Carney said in a speech on Tuesday it was not the right time to raise interest rates, while the Bank's chief...

  • LONDON, June 22- Sterling traded slightly below $1.27 on Thursday, investors treading water after a split at the Bank of England over monetary policy added further uncertainty to the outlook for Britain's economy as it leaves the European Union. Governor Mark Carney in a speech on Tuesday said it was not the right time to raise interest rates, while the Bank's...

  • LONDON, June 22- Sterling traded slightly below $1.27 on Thursday, investors treading water after a split at the Bank of England over monetary policy added further uncertainty to the outlook for Britain's economy as it leaves the European Union. Governor Mark Carney in a speech on Tuesday said it was not the right time to raise interest rates, while the Bank's...

  • LONDON, June 22- Sterling traded slightly below $1.27 on Thursday, investors treading water after a split at the Bank of England over monetary policy added further uncertainty to the outlook for Britain's economy as it leaves the European Union. Governor Mark Carney in a speech on Tuesday said it was not the right time to raise interest rates, while the Bank's...

  • LONDON, June 22- Sterling traded slightly below $1.27 on Thursday, investors treading water after a split at the Bank of England over monetary policy added further uncertainty to the outlook for Britain's economy as it leaves the European Union. Governor Mark Carney in a speech on Tuesday said it was not the right time to raise interest rates, while the Bank's...

  • *Investors await Reserve Bank of New Zealand rate decision. NEW YORK, June 21- The dollar slipped on Wednesday from a one-month peak against a basket of currencies on Wednesday, as losses on Wall Street stocks spurred some traders to book profits on gains tied to expectations of possibly another U.S. interest rate increase later this year. Sterling rose after the...

  • 100 dollar bills

    Commodity-linked currencies such as the Canadian dollar and Norwegian crown took a hit on declining oil prices.

  • Sterling rose after a Bank of England's chief economist Andy Haldane said he expected to back a rate increase this year. The currency sagged on Tuesday after BoE Governor Mark Carney said now was not the time to raise UK interest rates after three policymakers had voted in favor of a hike last week. "The dollar will bump along just like this and perhaps strengthens...

  • LONDON, June 21- Sterling rebounded from a two-month low on Wednesday, briefly trading back above $1.27, after Bank of England Chief Economist Andy Haldane signalled he would weigh in behind a rise in interest rates in the second half of this year. But it reversed those falls as the chief economist's speech was published, trading up as much as 0.6 percent on the day...

  • An influential Federal Reserve official said U.S. inflation would pick up as wages improved.

  • LONDON, June 21- Sterling rebounded from a two-month low on Wednesday to trade back above $1.27, after Bank of England Chief Economist Andy Haldane signalled he would weigh in behind a rise in interest rates in the second half of this year. The pound had earlier sunk beneath $1.26 for the first time since mid-April as investors worried about Prime Minister...

  • *Sterling slips on political uncertainty in UK. Oil prices held near multi-month lows on Wednesday as investors discounted evidence of strong compliance by OPEC and non- OPEC oil producers with a deal to cut global output. It moved further away from a 3-1/ 2- month high of C $1.3165 reached a week ago after Bank of Canada's governor expressed support for an...