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  • LONDON, July 13- Sterling fell on Wednesday after two days of strong gains, as attention shifted away from the political picture in Britain and towards the prospect that the Bank of England could cut interest rates on Thursday. Sterling had rebounded sharply in the previous two days, having hit a 31- year low last week, as the news that British interior minister...

  • *Sterling as a reserve currency http://tmsnrt.rs/29qtYGZ. LONDON, July 13- Britain's vote to leave the European Union is raising questions about sterling's place among the small, elite group of hard currencies underpinning the financial system. This is important for Britain, which relies on an inflow of foreign capital to fund a chronic current account...

  • Sterling pound notes

    Brexit devalued the pound as many world powers spend trillions to do the same, former Fed official Richard Fisher says.

  • Interest rates percentage sign

    The Bank of England may cut interest rates on Thursday after more than seven years on hold, due to the economic and financial fallout from the Brexit vote.

  • *Q1 EBS average daily volumes fall 15 pct to $83 bln. July 13- Interdealer broker ICAP reported a 15 percent slump in first-quarter average daily volume on its foreign exchange trading platform EBS, despite a trading surge after Britain's vote to leave the European Union sent sterling plunging. The company, soon to be named NEX Group after the sale of its telephone...

  • LONDON, July 13- Sterling was firmer on Wednesday, trading near a two-week high against the euro as Theresa May was set to take over as Britain's prime minister, easing some of the political uncertainty that has dogged the currency in the past few weeks. The uncertainty over whether Britain will be able to retain access to the single market after exiting the EU,...

  • July 13- British broker ICAP Plc, said the fall in sterling after Britain's vote to leave the European Union has given it a "significant windfall benefit". The company, which saw daily volumes at least double to top $200 billion on its currency trading platform the day after the June 23 vote, said trading activity levels spiked around the time of the referendum.

  • The dollar eased slightly against the yen on Wednesday, but remained close to 2-1/2-week highs.

  • LONDON, July 12- Sterling rebounded strongly on Tuesday and was on track for its biggest one-day gain against the yen in over three years, with the anointing of interior minister Theresa May as British prime minister helping investors regain some risk appetite across markets. She has said she plans to set up a new government department to lead the process of...

  • CNBC's Rick Santelli discusses bond prices and yields.

  • LOS ANGELES— The owner of the AMC Theatre chain is buying European movie theater operator Odeon& UCI Cinemas Group from private equity firm Terra Firma in a deal that would make it the largest movie theater operator in the world. AMC CEO Adam Aron said in a call with investors on Tuesday that the deal was spurred on by a British pound at a three-decade low versus the...

  • LONDON, July 12- European shares were on track for a fourth straight day of gains and the yen broke below its post-Brexit low on Tuesday as easing political tensions in Britain, stimulus hopes and a record high close for U.S. stocks boosted risk appetite. In Britain, interior minister Theresa May was set to become prime minister on Wednesday, offering some relief...

  • LONDON, July 12- Sterling rose along with UK government bond yields on Tuesday as the early anointing of interior minister Theresa May as prime minister fed into a generally improved global mood among financial investors. The 1.5 percent rise to $1.3186 put the pound on track for its biggest daily gain since Britain's June 23 vote to leave the European Union...

  • Sterling bounces on new UK PM

    How could the Bank of England’s meeting and testimony this week influence moves in sterling? Jeremy Stretch, head of FX strategy at CIBC, weighs in.

  • Currency Markets

    The BOE could cut rates next week, knocking down the value of the already struggling sterling, says Michael Every at Rabobank.

  • Sheets of one dollar bills run through the printing press at the Bureau of Engraving and Printing in Washington, DC.

    The yen fell against the dollar after the Japanese ruling coalition's victory boosted hopes for more monetary stimulus.

  • LONDON, July 11- Sterling fell on Monday, edging back towards last week's 31- year low against the dollar on expectations that the Bank of England will ease monetary policy in response to Britain's shock vote to leave the European Union. Chances of the Bank cutting rates this week have jumped to 74 percent, from 11 percent just before the result of the June 23...

  • *Most cod and haddock eaten in UK is imported. LONDON, July 10- Prices of salmon and squid have soared as disease and weather hurt global supplies, and British fish sellers say the Brexit-related drop in its currency may be the next scourge. The British pound has fallen to a 31- year low on fears about the effect of the June 23 vote to leave the European Union, leaving it...

  • Currency Markets

    The circumstances are still not entirely viable for the Fed to raise interest rates, says CIBC FX Strategist Patrick Bennett.

  • *Most cod and haddock eaten in UK is imported. LONDON, July 10- Prices of salmon and squid have soared as disease and weather hurt global supplies, and British fish sellers say the Brexit-related drop in its currency may be the next scourge. The British pound has fallen to a 31- year low on fears about the effect of the June 23 vote to leave the European Union, leaving it...