The dollar index rose on Friday after positive consumer spending data suggested the Fed may raise interest rates this year.» Read More
Simon Derrick, chief currency strategist at BNY Mellon, talks about the narrow spread between sterling and dollar, and discusses the impact on markets if Britain leaves the EU.
The dollar slipped against a basket of currencies on Tuesday as more traders booked profits on bullish greenback bets.
Traders focused their attention on slumping commodities prices, on the global economy and central bank policies.
The dollar tumbled against the Japanese yen on Friday after the Bank of Japan merely tweaked its monthly asset-purchase program.
The U.S. dollar hovered near a two-week high against a basket of other major currencies a day after the Fed hiked interest rates.
With U.K. inflation hovering near zero, an interest rate rise by the BoE looks increasingly less likely to come hot on the heels of the U.S. hike.
The U.S. dollar lost some ground on Wednesday, after the Federal Reserve decide to raise interest rates for the first time in nearly a decade.
The U.S. dollar rebounded from a roughly six-week low against the euro on Tuesday.
The dollar turned positive, after edging lower on worries that oil prices and credit market turmoil could limit U.S. interest rate hikes.
The dollar fell on Friday against key world currencies amid a selloff sparked by market volatility concerns.
The Swiss franc rose against the euro on Thursday after Switzerland's central bank kept interest rates on hold at record lows.
*Sterling market awaits for Bank of England meeting. LONDON, Dec 10- A fourth straight day of falls nudged stocks towards two-month lows on Thursday, as ricocheting commodity prices, a limp dollar and emerging market uncertainty added to a jittery global mood. European shares were flat but teetering after two days of losses, and the euro dropped to $1.0960...
The dollar fell on Wednesday as commodity currencies reversed steep losses from Tuesday as oil recovered.
The dollar soared against oil-linked currencies on Tuesday, touching an 11-year high against the Canadian dollar.
The dollar rose broadly on Monday on expectations the Fed is on track to raise interest rates next week.
The U.S. dollar was higher against the euro on Friday after stronger-than-expected U.S. monthly jobs data.
The U.S. dollar hit a nearly one-month low against the euro on Thursday after the European Central Bank cut its interest rate on deposits.
LONDON, Dec 3- Sterling shed nearly 1.7 percent against a rallying euro on Thursday after the European Central Bank's monetary easing measures fell short of market expectations, prompting speculators to trim hefty bets against the single currency. Sterling had fallen to a 7-1/ 2 month low of $1.4897 on Wednesday, hurt in part by soft data that raised question...
LONDON, Dec 3- Sterling shed nearly 1.5 percent against a rallying euro on Thursday after the European Central Bank's monetary easing measures fell short of market expectations, prompting speculators to trim hefty bets against the single currency. Sterling had fallen to a 7-1/ 2 month low of $1.4897 on Wednesday, hurt in part by soft data that raised question...
LONDON, Dec 3- More broad gains for the U.S. dollar on Thursday drove sterling back towards 7-1/ 2 month lows, but it rallied against the euro ahead of a European Central Bank meeting expected to make another cut in rates on deposits in the single currency. A number of major banks forecast sharp falls for sterling over the next year in their 2016 outlooks this week,...