The dollar and euro rose to five-year highs against the yen, driven by upbeat data and dwindling excess cash in Europe's banking system.» Read More
LONDON, Dec 12- Sterling rose on Thursday as investors took heart from recent positive data including upbeat forecasts from a business group, reinforcing the view that Britain's recovery is taking hold ahead of key numbers next week.
The euro rose for a seventh straight session against the dollar on Wednesday, driven by a combination of higher money market rates and a growing belief that the European Central Bank will keep interest rates low for some time but not cut them.
LONDON, Dec 11- Sterling fell to a three-week low against the euro on Wednesday on steady selling by hedge funds trimming favourable bets while waiting for more evidence of a durable recovery in the British economy.
LONDON, Dec 11- Sterling fell against the dollar for the first time this week on Wednesday, as investors and speculators trimmed bets in favour of the currency while they await more evidence of a durable recovery in the UK economy.
LONDON, Dec 10- Sterling hit a two-year high against the dollar on Tuesday as investors took upbeat comments from the Bank of England and strong house prices as signs that interest rates could rise sooner than previously thought.
LONDON, Dec 10- Sterling hit a two-year high against the dollar on Tuesday as investors took upbeat comments from Bank of England Governor Mark Carney and a strong house price survey as signs that interest rates could rise earlier than previously thought.
The euro stayed well-bid on Tuesday, scaling a fresh five-year high on the yen and a six-week peak against the dollar as expectations for further stimulus from the European Central Bank continued to fade.
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The euro raced to a near six-week high against the dollar and scaled a fresh five-year peak versus the yen on Monday after strong U.S. payrolls data boosted risk appetite.
The dollar rallied against the yen after stronger-than-expected jobs data stoked expectations the Fed may start reducing bond buying sooner than expected.
LONDON, Dec 6- Sterling gained on Friday after a report showed British house prices rose more than expected last month, reinforcing optimism about the economy and expectations that monetary policy tightening will be brought forward. The euro was 0.1 percent lower at 83.55 pence at 1448 GMT.
The euro rose to a five-week high against the dollar on Thursday after the European Central Bank left a key interest rate unchanged and its president Mario Draghi downplayed deflation risks.
LONDON, Dec 5- Sterling fell to its lowest against the euro in more than a week on Thursday as the European Central Bank upgraded its growth forecasts and the head of the ECB appeared to be cautious about more easing. "The ECB signalled no imminent need for further easing from here," said Valentin Marinov, a currency strategist at Citi.
Sterling is also likely to draw support from an encouraging message about Britain's finances and economy in an update by finance minister George Osborne expected later on Thursday. Sterling was down 0.15 percent at $1.6355, with stop-loss sell orders cited at $1.6320 and $1.6300.
The dollar rose against the yen and the euro on Wednesday.
LONDON, Dec 4- Sterling's rally to five-year highs against a basket of currencies on robust UK data could raise the risk of verbal intervention by the Bank of England, which wants to shift the economy towards more exports.
The yen rose against the dollar and the euro on Tuesday, rebounding from losses as falling stock markets worldwide prompted safe-haven demand for the Japanese currency.
TOKYO/ SYDNEY, Dec 3- The yen wallowed near six-month lows against the dollar on Tuesday, and five-year lows against the euro and sterling due to prospects of the Bank of Japan taking more stimulus steps. The dollar hit 103.165 yen, inching closer to its May 22 peak of 103.74 yen and last stood at 103.10 yen, up 0.2 percent from late U.S. levels.
The dollar climbed to a more than six-month high against the yen on Monday on speculation the Bank of Japan may expand its already massive economic stimulus.
*HSBC final PMI suggests China manufacturing stable. LONDON, Dec 2- World shares dipped and the dollar strengthened on Monday, as investors waited for key U.S. data this week after a decent reading on China manufacturing and some mixed euro zone PMIs.