Currencies British Pound

  • LONDON, Nov 21- Sterling fell back against a broadly stronger euro on Monday, halting three weeks of consistent gains against the single currency as markets awaited the British government's autumn budget statement on Wednesday. Against the dollar, the pound was a touch lower than the previous close, just above two-week lows hit during the day on Friday but more...

  • LONDON, Nov 21- Sterling fell back against a broadly stronger euro on Monday, halting three weeks of consistent gains against the single currency as markets awaited the British government's autumn budget statement on Wednesday. Against the dollar, the pound was a touch lower than the previous close, just above two-week lows hit during the day on Friday but more...

  • Goldman Sachs has six trades to capitalize on its forecast for faster economic growth and a stronger dollar, coupled with more uncertainty.

  • 100 dollar bills

    The dollar rose on Friday as traders piled bets on a massive dose of fiscal stimulus under a Trump U.S. presidency.

  • LONDON, Nov 18- Broad gains for the dollar on Friday halted a recovery for sterling even as it registered its third consecutive week of advances against the euro. While most banks and investors expect weaker growth and turbulence around talks on Britain leaving the EU to weigh on the pound next year, a number have begun to argue that a 20 percent fall since last...

  • LONDON, Nov 18- Broad gains for the dollar on Friday halted a recovery for sterling even as it registered its third consecutive week of advances against the euro. While most banks and investors expect weaker growth and turbulence around talks on Britain leaving the EU to weigh on the pound next year, a number have begun to argue that a 20 percent fall since last...

  • Sterling was on course for its third straight weekly gain against both the euro and the Bank of England's trade-weighted basket of currencies on Friday. "I do think sterling's fall may have run its course," said Mark Burgess, chief investment officer at Columbia Threadneedle Investments in London. Analysts from Dutch bank ABN Amro pointed to models quoted by the...

  • The dollar fell back on Thursday, hit by speculation U.S. Fed chief Janet Yellen will express concern over recent highs.

  • LONDON, Nov 17- Sterling hit a two-month high against the euro on Thursday, after data showed British retail sales surged in October and as investors focused on the political risks facing Europe in the coming months. The numbers showed annual sales growth at its highest in 14 years, more evidence of the resilient mood among British consumers since June's vote to...

  • Shoppers make their way down Oxford Street

    UK retail sales surged in October, as colder weather boosted sales and supermarkets cashed in from Halloween, lifting annual sales growth to its highest in over 14 years.

  • The dollar climbed Wednesday, even as analysts cautioned the it's vulnerable to a letdown.

  • LONDON, Nov 16- The euro could hit parity against the dollar next year, as Europe contends with political uncertainty and a weak economic recovery, but sterling looks oversold, according to Investec Asset Management. Philip Saunders, Investec's co-head of multi-asset growth, told the Reuters Global Investment Outlook Summit on Wednesday that divergence in...

  • LONDON, Nov 16- Sterling traded flat against the dollar on Wednesday, barely reacting to data showing Britain's jobless rate had fallen to the lowest level in 11 years, with investors focusing instead on the risks surrounding Brexit. Politics have dominated on currency markets in recent months and, with Britain's exit from the European Union still shrouded in...

  • LONDON, Nov 16- Sterling edged up against the dollar and euro on Wednesday as investors eyed the latest numbers from Britain's labor market. The pound fell as much as 1.3 percent on Tuesday against the euro, with losses triggered by a leaked memo suggesting that Britain has no overall plan for leaving the European Union and may take six months to agree one due to...

  • LONDON, Nov 16- Sterling edged up against the dollar and euro on Wednesday as investors eyed the latest numbers from Britain's labour market. The pound fell as much as 1.3 percent on Tuesday against the euro, with losses triggered by a leaked memo suggesting that Britain has no overall plan for leaving the European Union and may take six months to agree one due to...

  • The dollar held near an 11-month high Tuesday as some stability returned to the U.S. bond market following a vicious sell-off.

  • LONDON, Nov 15- Sterling fell back broadly on Tuesday, handing back much of three days of solid gains against the euro as media reports refocused traders' attention on the political risks associated with Britain's departure from the European Union. The immediate trigger for the losses was a leaked memo suggesting that Britain has no overall plan for Brexit and...

  • LONDON, Nov 15- Sterling sank by more than 1 percent against the euro on Tuesday, handing back much of three days of solid gains as media reports refocused traders' attention on the political risks associated with Britain's departure from the European Union. According to a leaked memo, Britain has no overall plan for Brexit and its strategy for leaving the bloc may...

  • The surprise outcome of the U.S. election may have spurred a rally in Britain's pound, but that's not likely to last long, Goldman said.

  • For GBP, high degree of hard Brexit priced in: Nomura

    Jordan Rochester, FX Strategy at Nomura, reacts to the latest inflation figures out of the U.K. and what this means for the economy and exchange rate.