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Currencies British Pound

  • Carney will definitely maximize the flexibility in his remit

    Sam Hill, senior U.K. economist at RBC, discusses his expectations of today's U.K. interest rate decision by the Bank of England.

  • Inflation generated solely by sterling weakness, says BOE

    CNBC's Gemma Acton updates from the Bank of England on whether the institution will shift towards hawkishness in its monetary policy.

  • Expect more dovishness from the Bank of England

    CNBC's Gemma Acton reports from the Bank of England on how wage growth is impacting the institution's monetary policy.

  • Market only expecting one BOE hike in next 3 years

    CNBC's Gemma Acton reports from the Bank of England on the strategy behind the institution's monetary policy and how it is managing Brexit uncertainty.

  • 100 dollar bills

    The dollar pared earlier losses against a basket of major currencies on Wednesday following the Federal Reserve's widely expected decision to raise short-term interest rates.

  • LONDON, June 14- Britain's pound slipped towards a seven-month low against the euro on Wednesday, hurt by political uncertainty and weaker-than-expected earnings numbers that underscored the economic challenges Britain faces as it leaves the European Union. Against a broadly weaker dollar, sterling was up on the day, topping $1.28 for the first time since...

  • Until 10 p.m. London time last Thursday, Prime Minister Theresa May's decision to call the snap poll did not look like a pivotal point for the most-sold major currency of last year. Sterling lost almost a fifth of its value between June 2016, when Britons voted to leave the European Union, and November. "Markets are still trying to work out what the new risk premium is...

  • LONDON, June 14- Sterling handed back early gains to trade lower on Wednesday after a reading of UK wages missed forecasts and a report that a deal needed to form a government could be delayed until next week. But the BBC report that a deal to obtain support from Northern Ireland's Democratic Unionist Party, which May needs to form a government, would not now be...

  • LONDON, June 14- Sterling strengthened against the dollar on Wednesday as investors awaited UK labor market data for signs of a pick-up in wages that could add to arguments for an eventual rise in record low Bank of England interest rates. The Bank of England has highlighted stubbornly low wage growth since the 2008 financial crisis as one reason for keeping UK...

  • Property investors see opportunity in weak sterling: Christie's

    Christie's International Real Estate CEO Dan Conn and CNBC's Gemma Acton discuss the U.K. property market amid political uncertainty.

  • 'Difficult ride ahead for the sterling'

    Atul Lele, Deltec International Group, talks about the influence of downside risk to U.K. economy on the pound and the transition in the Chinese economy.

  • The U.S. dollar fell to its lowest against the Canadian dollar since late February on Tuesday.

  • LONDON, June 13- Sterling recovered on Tuesday around a third of its losses since last week's electoral shock, helped by above-forecast inflation which underlined the risks of the Bank of England tolerating a weakening currency in order to stimulate the economy. It also added to pressure on the Bank of England, even if it does not raise interest rates over the...

  • LONDON, June 13- Sterling recovered around a fifth of its losses since Thursday's electoral shock on Tuesday, helped by high inflation numbers which underlined the dangers of the Bank of England tolerating a weakening currency in aid of stimulating the economy. But it also adds to pressure on the Bank of England, even if it does not raise interest rates over the...

  • LONDON, June 13- Sterling recovered around 0.2 percent on Monday of its almost 3 percent slide since the first hint of UK election results on Thursday night, helped by hopes domestic politics may be inching towards a "softer" and less economically damaging Brexit. By 0742 GMT, the pound had recovered 0.2 percent from Monday's closing levels in New York to trade at...

  • LONDON, June 13- Sterling recovered around 0.2 percent on Monday of its almost 3 percent slide since the first hint of UK election results on Thursday night, helped by hopes domestic politics may be inching towards a "softer" and less economically damaging Brexit. By 0742 GMT, the pound had recovered 0.2 percent from Monday's closing levels in New York to trade at...

  • LONDON, June 13- Sterling recovered around 0.2 percent on Monday of its almost 3 percent slide since the first hint of UK election results on Thursday night, helped by hopes domestic politics may be inching towards a "softer" and less economically damaging Brexit. By 0742 GMT, the pound had recovered 0.2 percent from Monday's closing levels in New York to trade at...

  • LONDON, June 13- Sterling recovered around 0.2 percent on Monday of its almost 3 percent slide since the first hint of UK election results on Thursday night, helped by hopes domestic politics may be inching towards a "softer" and less economically damaging Brexit. By 0742 GMT, the pound had recovered 0.2 percent from Monday's closing levels in New York to trade at...

  • SINGAPORE, June 13- The Canadian dollar rose to its highest level in nearly two months on Tuesday, buoyed by hawkish comments from Canada's central bank, while worries about UK political uncertainty dented sterling. Bank of Canada Senior Deputy Governor Carolyn Wilkins said on Monday first-quarter growth was "pretty impressive" and that signs economic growth...

  • Why the British pound could be headed lower

    With more political risk in the U.K. going forward, a move in the currency to $1.21 cannot be discounted, says Tony Boyadjian, Compass Global Markets.