The dollar index rose on Friday after positive consumer spending data suggested the Fed may raise interest rates this year.» Read More
LONDON, Jan 22- Sterling could face more pain after falling to a seven-year low against the dollar this week if speculators add to bets against the currency as uncertainty grows about the economy and Britain's future in the European Union. In the past few weeks, a wave of bets in the derivatives markets have been placed by investors seeking protection against...
The dollar turned negative against the euro on Thursday, reversing a morning rally.
U.S. voters must make their own decisions when it comes to choosing their future president says George Osborne, U.K.’s Chancellor of the Exchequer, while discussing Donald Trump.
U.K.’s Chancellor of the Exchequer, George Osborne says we need to make Britain more comfortable in the European Union, by achieving certain measures.
U.K.’s Chancellor of the Exchequer, George Osborne explains why Britain is the ‘go-to’ place for technology in Europe.
The dollar fell to a more than one-year low against the Japanese yen as crude oil prices dropped near 13-year lows.
TOKYO, Jan 20- The dollar was subdued on Wednesday as traders took stock of nervous markets after the U.S. currency's advance against its major rivals stalled amid crumbling crude oil prices and concerns about the global economy. The dollar stood flat at 117.645 yen. The U.S. currency failed to make much headway against the euro, which stood unchanged at $1.0906.
The dollar posted modest gains on Tuesday, as investor risk appetite improved on the back of rising oil prices and the expectation of further stimulus in China.
CNBC's Simon Hobbs reports on all the market moving events in Europe today, including whether the Bank of England will raise interest rates.
*China Q4 GDP growth 6.8 pct y/y, in line with forecasts. *Sterling near 2010 low before UK inflation data. LONDON, Jan 19- The safe-haven yen fell on Tuesday on relief that China's fourth-quarter economic growth matched forecasts and improved risk appetite on expectations that further monetary easing from the world's second largest economy could be announced...
*China Q4 GDP growth 6.8 pct y/y, in line with forecasts. *Sterling near 2010 low ahead of UK inflation data. SINGAPORE/ TOKYO, Jan 19- The safe haven yen sagged on Tuesday as China's fourth-quarter economic growth matched expectations, but its losses were likely to be limited amid persisting worries about the global economic outlook.
*Major currencies on hold for now, China data big focus. *Sterling near 2010 low ahead of UK inflation data. "At the heart of the yen's strength are falls in the yuan, which were perceived to be negative on the global economy," said Shunsuke Yamada, chief Japan currency strategist at Bank of America Merrill Lynch.
A recovery in stock markets helped the dollar gain ground against Europe's current safe havens of choice, the euro and the Swiss franc.
The dollar tumbled to a near five-month low against the yen and a 2-1/2-week trough versus the euro on Friday.
The dollar rose on Thursday, bolstered by gains in the U.S. stock market and a rebound in oil prices.
Jacob Nell, chief U.K. economist at Morgan Stanley, discusses how the Bank of England's decision to hold rates affects the value of sterling.
LONDON, Jan 14- Oil-rich Canada's dollar fell to its lowest level since April 2003 on Thursday as crude prices slid to their weakest in 12 years, fuelling speculation the Bank of Canada could cut interest rates as early as next week. Ahead of the Bank of England's latest monetary policy meeting and interest rate decision, sterling hit an 11- month low against the...
Adam Cole, global head of FX strategy at RBC Capital Markets, explains why “material changes” from the Bank of England are more likely to happen in February, when the inflation report is due.
The Bank of England (BoE) is meeting for its first monetary policy meeting of 2016 on Thursday, but analysts expect a dovish stance.
Geoffrey Yu, investment strategist at UBS Wealth Management, says he thinks the U.K. central bank will not move rates until May and says Carney may lean against dovish tailwinds coming from the U.S. and Europe.