Currencies British Pound


  • LONDON, April 22- Sterling rose more than 1 percent against the euro to a one-month high on Friday, bolstered by a swing of betting odds and polls towards the campaign for Britain to remain in the European Union as U.S. From 37 percent earlier this week, the chances of Britain voting to leave the EU in the June 23 referendum fell to 32 percent, according to the Betfair...

  • The dollar recovered against the euro after ECB meeting as traders focus on next week's Fed meeting.

  • LONDON, April 21- Sterling ended the day flat on Thursday after a rollercoaster ride around a meeting of the European Central Bank which saw it touch 3- week highs against both the dollar and euro. A poor batch of UK retail sales numbers had put some pressure on the pound in early trade, pointing again to a weakening of economic activity as firms and consumers brace...

  • LONDON, April 21- Sterling traded close to three-week high against the euro on Thursday despite data showing British retail sales fell in March, as several polls suggested Britain will vote to stay in the European Union. They came a day after data showed the number of unemployed in Britain rose for the first time since mid-2015 in the three months to February and...

  • Commodity-linked currencies such as the Australian and Canadian dollars inched towards recent peaks on Wednesday.

  • Sterling may lose one-quarter of its value if the U.K. votes to leave the European Union in its referendum, says the head of a top London hedge fund.

  • Commodity currencies like the Australian and New Zealand dollars soared to 10-month highs against the U.S. dollar.

  • Commodity currencies slipped while the safe-haven yen gained ground after major crude exporters failed to agree on an output freeze.

  • The dollar fell broadly as a slide in oil prices ahead of weekend talks among producers in Doha.

  • The dollar fell against the yen on Thursday, snapping two days of gains, hurt by data showing benign U.S. inflation.

  • Bank of England keeps base rate unchanged

    The U.K. central bank voted to maintain interest rates at their current level of 0.5 percent, due to uncertainty surrounding the EU referendum.

  • Close call but Brits will vote to stay in EU: Axel Weber

    Axel Weber, UBS chairman, discusses the challenges facing European banks, including the debate over "Brexit," and Greece's financial problems. And Tim Adams, Institute of International Finance president and CEO, discusses how additional regulations are impacting big banks.

  • *Singapore surprise policy easing knocks wind out of Asian FX. Singapore set the tone for the IMF's spring meeting as its normally conservative central bank unexpectedly eased policy, while Europe was watching a meeting of the Bank of England as sterling continued to suffer worries over June's vote on EU membership. Oil prices fell again as OPEC warned of...

  • The dollar climbed to a two-week peak against the euro, as gains in stock markets and improved data out of China drew investors into riskier bets.

  • The dollar rebounded from a more than seven-month low against a basket of currencies, led by gains versus the safe-haven yen.

  • Currency costs hits record quarter

    Wolfgang Koester, FIREapps, discusses the outlook on currencies after volatility costs hit record highs last quarter.

  • SYDNEY/ TOKYO, April 12- The U.S. dollar remained on the defensive on Tuesday, after carving out a fresh low on the break of a technical barrier overnight as momentum sellers joined in the fray. "In the big scheme of things, since the previous Group of 20 meeting in February, there's a perception that there's a political agreement between the United States and China...

  • *Sterling outperforms ahead of UK inflation data. SYDNEY, April 12- The U.S. dollar remained on the defensive early on Tuesday, after carving out a fresh low on the break of a technical barrier overnight as momentum sellers joined in the fray. The euro, which touched a six-month high of $1.1454 last Thursday, was at $1.1410.

  • The dollar pared losses after hitting 17-month lows against the yen on Monday.

  • That compares with a consistent run of strong performances in the first month of the UK financial year that stretches back more than a decade through the worst banking storms since the 1930 s. "Even through the financial crisis and the run-up to the May 2015 General Election, sterling has consistently appreciated against the dollar during April," said Kamal...