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Currencies British Pound

  • The dollar hit five-week lows against its peers on Friday, in the wake of the Federal Reserve's cautious message this week.

  • LONDON, March 17- The pound hit a two-week high against the dollar on Friday, drawing confidence from signs that some at the Bank of England may be leaning toward a rise in interest rates to support the currency. Minutes from the Bank's latest Monetary Policy Committee meeting shocked markets on Thursday by showing one outgoing official voting for a rise in rates,...

  • *Europe Inc vs USA Inc profits: http://reut.rs/2mx3Wrm. *UK industrials sector on radar as weak sterling tempts foreign buyers. A brighter outlook for the global and regional economy, buoyant stock markets and low borrowing costs have underpinned merger and acquisition activity in Europe, which is enjoying its best three-month period since 2007, Reuters...

  • LONDON, March 17- The pound rose for the third day running against the dollar on Friday for the first time since mid-January, drawing confidence from signs some at the Bank of England may be leaning toward a rise in interest rates to support the currency. Minutes from the Bank's latest Monetary Policy Committee meeting shocked markets on Thursday by showing one...

  • LONDON, March 17- The pound rose for the third day running against the dollar on Friday for the first time since mid-January, drawing confidence from signs some at the Bank of England may be leaning toward a rise in interest rates to support the currency. Minutes from the Bank's latest Monetary Policy Committee meeting shocked markets on Thursday by showing one...

  • The dollar recovered as investors bought the currency on the back of sharp falls prompted by the Fed's failure to give a hawkish message on further rate rises.

  • *European session sees revival for greenback. LONDON, March 16- The dollar sank to a one-month low, while some surprise hints on the chances of a rise in UK interest rates drove sterling higher on Thursday as investors digested the fallout of a second rise in U.S. rates in three months. But the dollar struggled to make more progress through the European morning and...

  • *European session sees revival for greenback. LONDON, March 16- The dollar sank to a one-month low, while some surprise hints on the chances of a rise in UK interest rates drove sterling higher on Thursday as investors digested the fallout of a second rise in U.S. rates in three months. But the dollar struggled to make more progress through the European morning and...

  • *European session sees revival for greenback. LONDON, March 16- The dollar sank to a one-month low, while some surprise hints on the chances of a rise in UK interest rates drove sterling higher on Thursday as investors digested the fallout of a second rise in U.S. rates in three months. But the dollar struggled to make more progress through the European morning and...

  • *European session sees revival for greenback. LONDON, March 16- The dollar sank to a one-month low, while some surprise hints on the chances of a rise in UK interest rates drove sterling higher on Thursday as investors digested the fallout of a second rise in U.S. rates in three months. But the dollar struggled to make more progress through the European morning and...

  • BOE keeps interest rates unchanged

    The Bank of England says that "there are risks in both directions to the current stance" - though one MPC member voted against the decision.

  • BOE careful to rock the boat ahead of article 50

    Anthony Doyle, head of fixed income investment specialists at M&G Investments, discusses his expectation of the Bank of England's interest rate decision.

  • Sterling and gilt yields range bound in the short term: M&G

    Anthony Doyle, head of fixed income investment specialists at M&G Investments, adds that if 2017's European elections retain the status quo, "sterling (may) threaten parity with the euro."

  • LONDON, March 16- Sterling retreated against the dollar and euro on Thursday, with signs the economy is finally slowing after last year's Brexit vote expected to weigh on the Bank of England's message on interest rates later in the day. "The February message looked dovish against market pricing and BoE expectations have flattened through February despite...

  • David Miles, former MPC member at the Bank of England and professor at Imperial College Business School, weighs in on today's BOE interest rate decision.

  • The dollar added to losses after the Fed hiked interest rates, as expected.

  • *Sterling steadies after weak UK wages. NEW YORK, March 15- The dollar edged lower on Wednesday, as investors awaited a widely-expected interest rate increase from the Federal Reserve, but grew cautious about the rate outlook this year given lingering uncertainty with the Trump administration's fiscal policy. "There may be disappointment that the' dot plots' are...

  • LONDON, March 15- Corporate orders for Britain's pound propped up the currency on Friday after a poorer than expected set of wages data added to signs of economic trouble ahead as Britain heads into talks on leaving the European Union. But a number of leading banks have also forecast it to fall further as negotiations on the terms of Britain's exit from the...

  • Don't concern concern over sterling with strength in the US: Strategist

    Peter Rosenstreich, head of market strategy at Swissquote Bank, discusses how the British pound will move as the triggering of article 50 looms closer.

  • LONDON, March 15- Sterling bounced back from a fall to eight-week lows on Wednesday with dealers citing a weaker dollar, a poll showing Scots still favor remaining in the United Kingdom and signs that EU exit talks will not be triggered for another two weeks. The pound had sunk to its lowest since mid-January on Tuesday after Prime Minister Theresa May won the last...