Currencies British Pound

  • LONDON, Sept 19- Sterling rose against a weaker dollar on Monday, although gains are still likely to be held in check by concerns about the uncertainty generated by Britain's vote to leave the European Union and expectations of more interest rate cuts in coming months. Traders said sterling's weakness accelerated late last week on a media report that UK...

  • The dollar was on course to fall after U.S. retail sales data quelled lingering bets on the Fed raising interest rates next week.

  • LONDON, Sept 16- Sterling skidded below $1.31 on Friday after strong U.S. inflation data, leaving it on track for its weakest week in 10, as investors worried about Britain's vote to leave the European Union and bet on another cut in UK interest rates this year. The Bank of England kept rates at their record lows on Thursday but signaled that it would cut them again...

  • LONDON, Sept 16- Sterling slipped against the dollar and euro on Friday and was on track for its worst week in five on a trade-weighted basis, as investors worried about Britain's vote to leave the European Union and bet on another cut in interest rates this year. The Bank of England kept rates at their record lows at Thursday's policy meeting but signaled that it...

  • 100 dollar bills

    The U.S. dollar reversed earlier gains against the yen on Thursday as traders doubted that the Bank of Japan (BOJ) would be able to weaken the yen.

  • LONDON, Sept 15- Sterling slipped against the euro and dollar on Thursday, after the Bank of England left interest rates at their record lows and indicated that it would cut them further later this year. Even though the central bank said the initial hit from Britain's vote to leave the European Union was proving less severe than it had anticipated just last month, a...

  • LONDON, Sept 15- Sterling held its ground above $1.32 on Thursday as Bank of England announcement on interest rates and monetary policy outlook were broadly in line with expectations, driving some investors to unwind bets made against the currency. While the BoE said it was still likely to cut interest rates to just above zero later this year, it said the initial...

  • The Bank of England on the day after the Brexit vote on June 24, 2016.

    Markets are wrong to assume the Bank of England will keep interest rates at an “extraordinarily low level for an extended period,” an ex-member of the bank said.

  • The Bank of England opted to hold base interest rates at record lows on Thursday and to maintain the size of its newly enlarged asset-purchasing program.

  • Bank of England rate decision in focus

    CNBC's Carolin Roth reports European stocks are choppy ahead of the Bank of England's interest rate announcement.

  • LONDON, Sept 15- Sterling fell on Thursday as investors awaited the Bank of England announcement on interest rates when it is likely to reiterate that monetary policy will remain accommodative in the coming months. Sterling was down 0.15 percent at $1.3220, having fallen to $1.3139 on Wednesday, its lowest in two weeks. At its 1100 GMT announcement, analysts...

  • Sterling is stable, but not because of the BOE: Expert

    Richard de Meo, founder and managing director of Foenix Partners, shares his view on sterling and the Bank of England's monetary policy.

  • The U.S. dollar eased against the yen on Wednesday after skepticism grew that the Bank of Japan would intensify its stimulative monetary policies.

  • LONDON, Sept 14- Sterling dipped on Wednesday, shedding early gains made on data that showed resilience in Britain's labour market as investors concluded the numbers did little to change expectations that monetary policy will remain accommodative. "Sterling is looking wobbly after indifferent UK earnings and claims data and is in danger of a further plunge,"...

  • LONDON, Sept 14- Sterling rose on Wednesday, boosted by data that showed resilience in Britain's labor market to fallout from June's Brexit vote. The jobless rate in the three months to July was 4.9 percent, unchanged from the three months to June while the number of people in work rose by 174,000, the Office for National Statistics said. The pound has broadly...

  • LONDON, Sept 14- Sterling rose on Wednesday, boosted by data that showed resilience in Britain's labour market to fallout from June's Brexit vote. The jobless rate in the three months to July was 4.9 percent, unchanged from the three months to June while the number of people in work rose by 174,000, the Office for National Statistics said. The pound has broadly...

  • LONDON, Sept 14- Sterling steadied in early trade in Europe on Wednesday after a more than 1 percent fall in the previous session that reflected the currency's weakness in the face of a wobble in debt markets and investors' appetite for risk globally. After a dip in inflation knocked the pound back on Tuesday, employment data due at 0830 GMT will be looked to for...

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    The U.S. dollar gained against the yen and riskier commodity currencies such as the Australian and New Zealand dollars on Tuesday.

  • LONDON, Sept 13- Sterling skidded by more than 1 percent to hit two-week lows on Tuesday, after UK inflation came in below expectations and as investors refocused on the risk that Britain's negotiations to leave the European Union could hurt the economy. Brexit minister David Davis said on Monday that Britain will make its guidelines for talks on leaving the...

  • LONDON, Sept 13- Sterling slipped on Tuesday before inflation data that is expected to show an uptick in prices, though it is unlikely to be big enough to cause much concern to the Bank of England which wants to keep monetary policy accommodative. Sterling was down 0.15 percent at $1.3310 while the euro was a tad firmer at 84.30 pence. "The Monetary Policy Committee...