Currencies British Pound

  • LONDON, Dec 1- Sterling held firm above $1.25 on Thursday, having recorded its best month of gains against the dollar since March and its best month against the euro since 2009.. Analysts said a survey of Britain's factory output due at 0930 GMT was unlikely to impact the pound significantly, with some questioning whether a broad rally in the dollar has any further...

  • The U.S. hit highs on Wednesday and after a surge in oil prices pushed U.S. Treasury yields higher.

  • RBS, Standard Chartered and Barclays all failed the Bank of England's stress tests to cope with another financial crisis.

  • LONDON, Nov 30- Sterling surged back to an 11- week high against the euro in late trade in London on Wednesday, racking up its best month since January 2009 as a deal to cut OPEC oil output weakened the single currency against the dollar. "The most interesting stuff that is going on at the moment is OPEC and the influence that it is having on fixed income," said Citi...

  • LONDON, Nov 30- Sterling fell by half a percent against the dollar and euro in morning trade in London on Wednesday, with dealers citing month-end rebalancing by investors after its strongest performance against the single currency since early 2009.. "Sterling has been more perky of late so you assume that there might be some natural retracement," said Richard...

  • Confidence among British consumers fell in November to its lowest level since just after voters decided in June to leave the European Union, the regular survey by market research firm GfK showed on Wednesday. With the prospect of Brexit talks next year set to weigh on business and the economy, and the risk that banks will relocate business out of the UK, neither of...

  • Relax, no Brexit side effects yet: Strategist

    John Redwood, chief global strategist at Charles Stanley, sought to calm Brexit fears, asserting that "nothing is happening."

  • The dollar fell on Tuesday as the greenback consolidated its position against most major currencies following a roller-coaster 24 hours

  • *London cocoa at 1-1/ 2- year low as fund selling picks up. NEW YORK/ LONDON, Nov 29- Arabica coffee futures on ICE fell to a seven-week low on Tuesday, pressured by broad based selling of commodities and beneficial rain in top grower Brazil, while the firm British pound helped push London cocoa to a 1-1/ 2- year low. London March cocoa settled down 7 pounds, or 0.4 percent, at...

  • LONDON, Nov 29- Sterling bounced back against both the dollar and the euro on Tuesday, keeping the currency firmly in the $1.23- $1.26 range it has held for the past two weeks in the absence of new concerns over how Britain will leave the European Union. Sterling is still almost 10 percent weaker against the euro compared with before Britain's vote to exit the...

  • LONDON, Nov 29- Sterling inched up against the dollar on Tuesday, staying in the broad $1.23- $1.26 range it has traded in for the past two weeks, with investors waiting for fresh cues on how Britain will leave the European Union. Sterling is still almost 10 percent weaker against the euro compared with before Britain's vote to exit the European Union.

  • The dollar edged down on Monday, surrendering some gains after a sharp rally that followed Trump's surprise victory.

  • "It's really been a day when sterling has tracked the moves in the dollar index," said Clara Leonard, a G10 strategist with BNP Paribas in London. Dealers said volumes had been thin when a chunk of buying had pushed sterling down late in the London morning, overturning some initial gains against a broadly weaker dollar. "One of the things we've been emphasising is the...

  • "It's really been a day when sterling has tracked the moves in the dollar index," said Clara Leonard, a G10 strategist with BNP Paribas in London. Dealers said volumes had been thin when a chunk of buying had pushed sterling down late in the London morning, overturning some initial gains against a broadly weaker dollar. "One of the things we've been emphasizing is the...

  • LONDON, Nov 28- Sterling touched a two-week high against the dollar but slid back against the euro on Monday, with the day's main focus likely to be European Central Bank chief Mario Draghi's testimony in the European Parliament. The pound's long-term correlation with the dollar has kicked back in as the U.S. currency rallied in the past month and some major...

  • The dollar retreated against its major currency peers, a pullback in U.S. bond yields spurring some profit-taking.

  • LONDON, Nov 25- Sterling steadied on Friday, on track for its best run of weekly gains against the euro since early 2015, with investors switching their primary focus from the political risks facing Britain as it exits the EU towards those facing the euro zone. While still almost 10 percent weaker against the euro compared with before Britain's vote to exit the...

  • LONDON, Nov 24- Sterling was headed for its strongest monthly performance in eight years on both a trade-weighted basis and against the euro on Thursday, hitting a nine-week high against the basket of currencies that measures its broader strength. The pound has been boosted this month as investors have unwound heavy positions against the currency, with the...

  • The U.S. dollar and Euro currencies

    The dollar climbed past more of last year's peaks against the euro, pushing towards the parity that banks are saying is on the cards.

  • LONDON, Nov 24- Sterling edged down on Thursday after hitting a two-month high on a trade-weighted basis the previous day, after Britain's Autumn Statement on the budget was read as more growth-supportive and upbeat than some had expected. The Office for Budget Responsibility said Brexit would lower trade flows, business investment and migration, cutting...