British Pound


  • Dollar loses gains amid Fed Beige Book release Wednesday, 15 Apr 2015 | 4:16 PM ET

    The dollar traded lower across the board after an earlier rebound versus the euro amid the ECB's reiteration of its dovish stance on monetary policy.

  • UK's economic 'manure' is set to explode: SocGen bear Wednesday, 15 Apr 2015 | 5:25 AM ET

    One closely-watched financial analyst has launched a scathing attack on the country's finances and predicted another crisis for its currency.

  • Dollar slides on US retail sales, IMF outlook Tuesday, 14 Apr 2015 | 3:30 PM ET
    Dollar Euro

    The dollar tumbled after five straight days of gains, as investors took advantage of weaker-than-expected retail sales to lighten hefty positions.

  • FOREX-Yen broadly higher in Asia, sterling off lows Monday, 13 Apr 2015 | 7:46 PM ET

    *Antipodeans still struggling after disappointing China data. SYDNEY, April 14- The yen hovered just below a two-year peak against the euro early on Tuesday and was broadly firmer versus other major currencies as investors shed bearish positions overnight. Analysts said the move was triggered by comments from Koichi Hamada, an economic adviser to Japan's...

  • Dollar rises against euro on continued Fed hike bets Monday, 13 Apr 2015 | 3:29 PM ET
    Euro banknotes

    The dollar rose against the euro in a continuation of last week's bets that the Fed will hike interest rates in the coming months.

  • UK Labour Party launches manifesto   Monday, 13 Apr 2015 | 11:15 AM ET
    UK Labour Party launches manifesto

    Ahead of the U.K. elections, Ed Miliband, the Labour Party leader, says "there is going to be a change" when it comes to tax avoidance. CNBC's Catherine Boyle reports.

  • UK's two-party system is gone: Costley   Monday, 13 Apr 2015 | 11:15 AM ET
    UK's two-party system is gone: Costley

    Tom Costley, head of TNS Scotland, talks about the Scottish National Party and its possible influence on the upcoming U.K. election. He adds that the two-party system in the U.K. is now gone.

  • UK elections: What to expect from Labour   Monday, 13 Apr 2015 | 4:40 AM ET
    UK elections: What to expect from Labour

    As the U.K. election draw closer, the Labour Party is set to launch its party's manifesto and rebrand itself as fiscally responsible. CNBC's Catherine Boyle reports.

  • *Australian dollar hit by shock fall in China exports. SINGAPORE/ TOKYO, April 13- The Australian dollar tumbled on Monday after a shock contraction in China's exports added to worries about slowing growth in the world's second-largest economy, while sterling extended its losses to fresh five-year lows. The poor China trade numbers knocked the Australian...

  • Euro undermined by force of rate differentials Friday, 10 Apr 2015 | 3:20 PM ET
    Euro Dollar rates currency

    The euro slumped for a fifth straight session against the dollar on Friday to a 3-1/2 week low as falling European interest rates.

  • LONDON, April 10- Sterling fell to a five-year low against the dollar on Friday, hurt by weaker-than-expected industrial data and the rising risk of prolonged political uncertainty after a tight British election next month. The latest polling on Friday showed Scottish nationalists could take nearly all the parliamentary seats in Scotland in the May 7...

  • FOREX-Dollar prevails as euro, sterling hit rocky road Thursday, 9 Apr 2015 | 7:30 PM ET

    *Euro slides below $1.07, sterling flirts with $1.47. SYDNEY, April 10- The dollar hovered at three week highs against a basket of major currencies early on Friday as the hapless euro extended its decline and disappointing trade data knocked sterling lower. It last stood at $1.0665, down more than 3 percent from Monday's peak of $1.1036.

  • LONDON, April 9- Rising nervousness in the currency market about the risk of prolonged political uncertainty after British elections next month has driven the cost of protection against wild swings in the pound to multi-year highs. Opinion polls show the ruling Conservatives and the main opposition Labour Party neck-and-neck before the May 7 vote, with...

  • How the UK elections may impact rates   Thursday, 9 Apr 2015 | 11:10 AM ET
    How the UK elections impacts BoE rates

    Michael Sneyd, FX strategist at BNP Paribas, says that he thinks the Bank of England will hike rates sooner than analysts predict. However, the timing depends on the U.K. election outcome, he says.

  • BoE rate remains unchanged   Thursday, 9 Apr 2015 | 7:00 AM ET
    BoE rate remains unchanged

    The Bank of England has kept its interest rate unchanged at 0.5 percent.

  • Are UK businesses sitting on cash surpluses?   Thursday, 9 Apr 2015 | 6:50 AM ET
    Are UK businesses sitting on cash surpluses?

    ICAEW has published a survey suggesting that UK businesses are sitting on cash surpluses and are less likely to invest until they feel more secure. Stephen Ibbotson, director of business at ICAEW, explains more.

  • Hilliard: BoE will do nothing today   Thursday, 9 Apr 2015 | 6:00 AM ET
    Hilliard: BoE will do nothing today

    With the Bank of England meeting today, as the UK inflation hits zero, Brian Hilliard, chief UK economist at Societe Generale, talks about his expectations for today and the future of the UK economy, saying the next BoE rate hike will be in 2016.

  • Hilliard: 25% chance of a 'Brexit' referendum   Thursday, 9 Apr 2015 | 6:00 AM ET
    Hilliard: 25% chance of a 'Brexit' referendum

    Brian Hilliard, chief UK economist at Societe Generale, explains why he thinks there's a 25 percent chance of a "Brexit" referendum and the consequences that could come of it.

  • Dollar rises on FOMC minutes; euro hits session low Wednesday, 8 Apr 2015 | 3:28 PM ET

    The dollar traded higher on Wednesday after the release of the Federal Reserve's FOMC meeting minutes.

  • US dollar rises, euro near $1.07 Tuesday, 7 Apr 2015 | 4:05 PM ET

    The greenback recovered as trading desks returned to full strength and underlying trends for its continued rise reappeared.