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Currencies British Pound

  • The dollar struggled to recover ground against other major currencies on Tuesday.

  • LONDON, May 23- Sterling stayed subdued on Tuesday, hovering below seven month-highs against the dollar as investors awaited further developments in Britain's suspended election campaign after a suicide bombing rocked the English city of Manchester. Britain's main political parties agreed to suspend campaigning ahead of the June 8 election until...

  • *Wall Street rises as Trump federal budget plan released. *Euro dips; sterling subdued after Manchester attack. NEW YORK, May 23- Shares climbed across the euro zone on Tuesday after data showed robust growth, and Wall Street ticked higher as a U.S. federal budget proposal called for slashing healthcare programs and boosting military spending.

  • *Sterling recovers after dip on Manchester attack. "The noise around the political situation in the U.S. is keeping a lid on the dollar," said Brad Bechtel, managing director FX at Jefferies in New York. President Donald Trump's recent firing of FBI Director James Comey, who was overseeing a probe into possible links between the president's team and Russia, and...

  • *Sterling dips marginally after Manchester attack. LONDON, May 23- The dollar struggled to recover ground against other major currencies on Tuesday as stronger German data and low 10- year U.S. "U.S. political risk obviously has came very much to the front of market attention in the past week," said Lee Hardman, a currency economist with Japan's MUFG in London.

  • *Sterling falls after Manchester bomb kills 22. LONDON, May 23- The euro set a new six-month month high on Tuesday and the region's shares made gains as the latest economic data made for some encouraging reading, especially in Germany. The euro climbed as high as $1.12680 to beat the previous day's high by a whisker, while London FTSE, Frankfurt's DAX and the CAC in...

  • LONDON, May 23- Sterling slipped against the dollar on Tuesday, with a suicide bombing in the English city of Manchester and concerns over the ruling Conservative Party's campaign for next month's election putting the currency on the defensive. The pound fell as low as $1.2954 in morning trade in London, down 0.3 percent on the day, before recovering to trade only...

  • LONDON, May 23- Sterling slipped against the dollar on Tuesday, with a suicide bombing in the English city of Manchester and concerns over the ruling Conservative Party's campaign for next month's election putting the currency on the defensive. The pound fell as low as $1.2954 in morning trade in London, down 0.3 percent on the day, before recovering to trade only...

  • *Sterling dips marginally after Manchester attack. LONDON, May 23- The dollar dipped against the basket of currencies that measures its broader strength on Tuesday, low 10- year U.S. "The 10- year Treasury yield is down 2 basis points and that is feeding through to the dollar underperforming," said Sam Lynton-Brown, a currency strategist with BNP Paribas in London.

  • *Asia stocks drop after strong Monday gains, Wall Street rise. SINGAPORE, May 23- Sterling slipped on Tuesday after a suspected suicide attack killed at least 22 people and wounded 59 at a pop concert in the English city of Manchester, while the euro held gains made after German Chancellor Angela Merkel said it was "too weak". Financial spreadbetter CMC Markets...

  • *Asia stocks steady after strong Monday gains, Wall Street rise. SINGAPORE, May 23- Sterling slipped on Tuesday after a suspected suicide attack killed at least 19 people and wounded 59 at a pop concert in the English city of Manchester, while the euro held gains made after German Chancellor Angela Merkel said it was "too weak". Financial spreadbetter CMC Markets...

  • *Asia stocks steady after strong Monday gains, Wall Street rise. SINGAPORE, May 23- Sterling extended losses on Tuesday after a suspected terrorist attack killed at least 19 people and wounded 50 at a pop concert in the English city of Manchester, while the euro held gains made after German Chancellor Angela Merkel said the currency was "too weak."

  • *Asia stocks steady after strong Monday gains, Wall Street rise. SINGAPORE, May 23- Sterling extended losses on Tuesday after a suspected terrorist attack killed at least 19 people and wounded 50 at a pop concert in Manchester, while the euro held gains made after German Chancellor Angela Merkel said the currency was "too weak." If the attack on the concert by U.S....

  • *Sterling falls as police treat Manchester blast as terror attack. SINGAPORE, May 23- Sterling extended losses after British police said they were treating an explosion in Manchester as a possible terrorist attack, while the euro retained gains made on comments by German Chancellor Angela Merkel that the common currency was "too weak." Sterling remained under...

  • Dollar Euro

    The dollar slipped to a more than six-month low against a basket of currencies on Monday.

  • LONDON, May 22- Britain's pound fell back below $1.30 on Monday after a pair of polls over the weekend showing. Sterling has risen in the past month, in part on the assumption that a May landslide would strengthen her hand over hard-line Brexiteers in her ruling Conservative Party and allow her to negotiate a smoother departure from the European Union.

  • Biggest issue with UK economy is sterling: BAML

    James Barty, head of cross-asset strategy at Bank of America Merrill Lynch, speaks about the U.K. economy.

  • The dollar was on track to record its worst week since August on Friday, having given up almost all the gains made since Trump was elected.

  • LONDON, May 19- Sterling climbed back towards an eight-month high above $1.30 on Friday against a dollar that was weaker across the board, though some investors were calling a top on the British currency, seeing it as vulnerable to Brexit negotiations. By 1600 GMT on Friday, though, it had recovered to trade up 0.6 percent on the day at $1.3017. But strategists said...

  • LONDON, May 19- Sterling was set for a 1 percent weekly gain versus the dollar on Friday although some investors were calling a top on the British currency, which climbed above $1.30 this week but is seen vulnerable to Brexit negotiations. But strategists said the pound-- which has gained more than 3 percent in the past month on the announcement of a snap UK election--...