CNBC's Michelle Caruso-Cabrera reports the British pound has gotten hammered today as a new poll on Scotland shows the public is split over the independence vote.
A new poll reveals more people in Scotland are in favor of becoming independent, and the British pound is plunging to a 10-month low. CNBC's Seema Mody and Sara Eisen provide insight.
Henry Dixon, fund manager at GLG, and Petr Krpata, foreign exchange strategist at ING, discuss the latest polls on the Scottish referendum and how a "Yes" vote could hit the sterling.
Jane Foley, senior foreign exchange strategist at Rabo Bank, discusses the U.K. pound as the Scottish independence referendum approaches and highlights that we could see an even bigger drop.
The euro rose to session highs against the dollar after U.S. hiring in August fell far short of forecasts.
The euro hit fresh 14-month lows against the U.S. dollar and nearly two-year lows against the Swiss franc on Thursday.
The euro steadied against almost every other major currency on Wednesday after Ukraine said it has agreed on a ceasefire with Russia.
Uncertainty regarding the result of this month's Scottish independence referendum has weighed on the British pound.
The euro sagged on Tuesday to fresh one-year lows against the dollar on bets the ECB will do more to help a wobbly euro zone economy.
The euro hit a year-low against the dollar on Monday, as investors added to bets against the single currency before a policy meeting this week.
Jane Foley, senior currency strategist at Rabobank, discusses sterling following the U.K.'s weak manufacturing data and discusses the outlook for the currency.
The dollar rose on Friday, with traders looking beyond soft U.S. consumer-spending data.
Better-than-expected U.S. growth data lifted the dollar on Thursday as the euro fell amid worries about tensions between Ukraine and Russia.
The euro turned higher in choppy trading Wednesday as traders reacted to headlines that the ECB is unlikely to take new action early next week.
Use of the Chinese yuan in Germany and the U.K. has doubled over the last year, as London and Frankfurt fight to become trading hubs.
The dollar softened on Tuesday while the euro further struggled on expectations of soft inflation data and more monetary easing.
Steven Saywell, global head of FX strategy at BNP Paribas, says sterling has "a long way to go" to the upside against the euro as the Bank of England looks likely to be the first major central bank to hike interest rates.
The euro fell to its lowest in nearly a year against a broadly firmer dollar on Monday after comments from the head of the European Central Bank.
Yellen's speech cited persistent labor market slack but noted faster recovery in the sector could accelerate the timing of a Fed interest rate hike.
Central bankers gathered for a three-day meeting in Wyoming that will feature a potentially market-rattling speech by Fed Chair Janet Yellen.