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Currencies British Pound

  • *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 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."

  • 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.

  • 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...

  • 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 favour 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...

  • People walk past a currency exchange shop displaying a giant US dollar in downtown Cairo, Egypt on November 3, 2016.

    Interest rate hikes by the Federal Reserve would only guarantee strength for the greenback in the near term, a JPMorgan economist said Wednesday.

  • JPMorgan isn't bullish on the dollar

    Reserve currencies could outperform the U.S. dollar as focus shifts to to monetary policy in Europe and Japan, warns Sally Auld of J.P. Morgan.

  • The euro could be heading higher

    The euro could finally be headed higher, warns Axel Merk of Merk Investments.

  • The dollar climbed ahead of an expected interest rate rise by the U.S. Federal Reserve.

  • LONDON, March 14- Sterling fell to an eight-week low against the dollar and the basket of currencies measuring its broader strength on Tuesday, hit by fears of prolonged political jousting over the terms of Britain's exit from the European Union. British Prime Minister Theresa May won parliamentary backing on Monday to begin the process of leaving the EU and...

  • LONDON, March 14- Sterling fell to an eight-week low against the dollar and the basket of currencies measuring its broader strength on Tuesday, hit by fears of a prolonged bout of political jousting over the terms of Britain's exit from the European Union. British Prime Minister Theresa May on Monday won the right to start the Brexit process on Monday, beginning...