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Currencies British Pound

  • DETROIT, Feb 7- General Motors Co said on Tuesday that fourth-quarter net income fell partly on the strength of the dollar against the British pound and forecast flat 2017 profit per share, sending shares tumbling nearly 5 percent. Shares in rival automakers Ford Motor Co and Fiat Chrysler Automobiles NV also sank. During a conference call, GM Chief Executive...

  • Bank of England

    Rate-setter Kristin Forbes said that BOE interest rates should rise providing that growth and inflation remain solid.

  • LONDON, Feb 7- The British pound's relative upswing over the past few weeks will come to an end when Britain formally begins divorce negotiations with the European Union, and if the talks turn fractious its fall could be steep, a Reuters poll showed on Tuesday. In one month's time a pound will be worth $1.23, in three months $1.21 and in a year $1.21, according to the...

  • Dollar bills

    The euro fell to a one-week low against the dollar on Monday on concerns over French politics ahead of the presidential vote.

  • LONDON, Feb 6- Sterling hit a one-week low against the dollar on Monday as Prime Minister Theresa May faced challenges over her legislative plan for taking Britain out of the European Union. Lawmakers voted overwhelmingly in favour of the principle of the new law last week, but Sunday brought the first signs of internal Conservative Party dissent which could...

  • LONDON, Feb 6- Sterling hit a one-week low against the U.S. dollar on Monday, adding to a near 2 percent fall last week, as Prime Minister Theresa May faced challenges over her legislative plan for taking Britain out of the European Union. Lawmakers voted overwhelmingly in favour of the principle of the new law last week, yet Sunday brought the first signs of internal...

  • British Chambers of Commerce Director General Adam Marshall talks about how a weaker pound could impact business confidence in the U.K., as Brexit talks get underway.

  • The dollar fell after the employment report showed a smaller-than-expected rise in wages last month despite strong jobs gains.

  • LONDON, Feb 3- Sterling slipped on Friday, heading for its first week of falls in three with investors having pushed back their expectations for a Bank of England interest rate hike and after disappointing services sector data. "A benign interpretation of the Brexit process and strong UK data had perhaps lulled the sterling market into a false sense of near-term...

  • Sterling investors are underestimating the impact of the UK and EU failing to reach a trade agreement; strategist at BofA Merrill Lynch.

  • Thanos Vamvakidis, head of European G10 FX strategy at BofA Merrill Lynch, explains how the possibility of a transition agreement between the EU and UK could influence cable.

  • LONDON, Feb 3- The pound steadied in early trade on Friday after a Bank of England message on policy provoked its worst daily performance in trade-weighted terms in almost four months. "UK data has been robust and price pressures are building, but it was surely too early for markets to expect a significantly more hawkish narrative," analysts from Bank of America...

  • 100 dollar bills

    The dollar fell to its lowest since mid-November after the Fed disappointed investors, before trying for gains.

  • LONDON, Feb 2- Sterling and UK government bond yields tumbled on Thursday after the Bank of England appeared to be in no rush to tighten monetary policy in its latest inflation report, disappointing bets that interest rates could be hiked by the end of the year. Governor Mark Carney said in a news conference after the release of the quarterly Inflation Report that...

  • The British pound skewed on Thursday after the BOE announced it was keeping its interest rates unchanged and raised its growth forecasts.

  • LONDON, Feb 2- Sterling and UK government bond yields tumbled on Thursday after the Bank of England appeared to be in no rush to raise interest rates and flagged the risks posed by Britain's departure from the European Union. Governor Mark Carney said in a news conference after the release of its Inflation Report that the boost to the bank's growth forecasts did...

  • *Dollar hits 12- week low after Fed statement lacks clarity. *Sterling firms ahead of Bank of England inflation view. LONDON, Feb 2- The dollar slipped to a 12- week low on Thursday and stock and bonds markets both showed caution after the U.S.

  • Will the Bank of England maintain its neutral policy on inflration?

    CNBC correspondent Gemma Acton weighs in on what to expect from the Bank of England's meeting today, and the U.K. government's white paper on Brexit.

  • Bank of England still concerned about Brexit: JPMAM - expect with easing

    Iain Stealey, fixed income portfolio manager at J.P. Morgan Asset Management, discusses his expectations of the Bank of England's meeting today.

  • Société Générale UK Rates Strategist Jason Simpson says the company has a $1.25 year-end forecast for sterling, with volatility expected.