British Pound


  • LONDON, Feb 26- Sterling traded firm near an eight-week high against the dollar on Thursday, drawing support from steady economic growth in Britain, although a drop in business investment was likely to make some investors cautious. Sterling was a tad higher, trading at $1.5535, having hit a eight-week high of $1.5554 in Asia. "Sterling/dollar traded higher as UK...

  • Dollar weakens as Yellen indicates no rush on rates Wednesday, 25 Feb 2015 | 3:22 PM ET

    The dollar edged down after Fed Chair Janet Yellen held back from giving a clear view on when the Fed may begin raising interest rates.

  • Sterling steadies after hitting 8-week high Wednesday, 25 Feb 2015 | 1:00 PM ET

    LONDON, Feb 25- Sterling steadied after hitting an eight-week high against the dollar on Wednesday, buoyed by optimism over the UK's economic performance compared with its peers in Europe, which has helped drive British shares to record levels. The gains also seem broadly the product of a steadying of expectations for the Bank of England to deliver an interest...

  • Sterling tops $1.55 to hit 8-week high Wednesday, 25 Feb 2015 | 4:07 AM ET

    LONDON, Feb 25- Sterling touched an eight-week high against the dollar on Wednesday, buoyed by optimism over the UK's economic performance compared to its peers in Europe, which has helped drive British shares to record levels. In the past month it has also bounced 3 percent higher against China's yuan and dealers say sterling is benefiting broadly from the...

  • Dollar slips as Yellen shows no rush to raise rates Wednesday, 25 Feb 2015 | 12:11 AM ET

    The dollar edged down against the yen Janet Yellen suggested the Fed won't be rushed into kicking off the U.S. interest rate tightening cycle.

  • Swiss franc falls towards 5-week lows, Greek deal Monday, 23 Feb 2015 | 7:30 AM ET
    Spanish Finance Minister Luis de Guindos, left, talks with Greek Finance Minister Yanis Varoufakis at a euro zone finance ministers meeting to discuss Athens' plans to reverse austerity measures, in Brussels, Feb. 20, 2015.

    The Swiss franc shed over 1 percent against the dollar, dropping towards five-week lows as some of the Greece-related safety flows waned.

  • Euro gains on reports a Greek deal reached Friday, 20 Feb 2015 | 4:06 PM ET

    The euro jumped against the dollar in midday trading on reports that a deal had been reached between Greece and the European Central Bank.

  • Dollar recoups ground on talk of SNB buying Thursday, 19 Feb 2015 | 9:13 AM ET

    The dollar recovered on talk the Swiss National Bank was buying the greenback.

  • LONDON, Feb 18- Sterling trade-weighted index hovered near a six-year high on Thursday, boosted by gains against the dollar as the interest rate gap between U.S. "If the market shifts its pricing in the next few months-- either re-pricing Fed rate expectations down, or bringing forward the expected timing of a UK rate hike-- sterling can easily get back above $1.60,"...

  • LONDON, Feb 18- Sterling hit a seven-year high against the euro on Wednesday after data showed British wages growing strongly, outstripping inflation by the widest margin since before the financial crisis. The Office for National Statistics also said Britain's unemployment rate fell to 5.7 percent, its lowest level in more than six years.

  • LONDON, Feb 18- Sterling was the biggest mover on major currency markets on Wednesday, driven higher by the latest in a batch of more optimistic signals on Britain's economic prospects ahead of elections in May. In Europe, all eyes remained on Greece and the associated risks to the euro while the yen steadied after a jump driven by the Bank of Japan's confirmation...

  • Euro rises 0.7 pct, despite Greek talks collapse Tuesday, 17 Feb 2015 | 7:59 AM ET
    A cashier counts euro banknotes in Vilnius, Lithuania, on Jan. 1, 2015.

    The euro recovered from initial losses, helped by a bounce in German investor sentiment.

  • Euro edges up before crunch meeting on Greece Monday, 16 Feb 2015 | 8:56 AM ET
    A cashier counts euro banknotes in Vilnius, Lithuania, on Jan. 1, 2015.

    The euro inched higher ahead of a meeting of euro zone finance ministers that investors expect will find enough common ground to support Greece.

  • *Euro awaits Greece news as ministers meet again. SYDNEY, Feb 16- Sterling scaled a six-week peak early on Monday following recent hawkish-sounding comments from the Bank of England, while the other major currencies were subdued in a holiday-riddled week. The pound climbed as far as $1.5435 in early trade, from around $1.5407 late on Friday in New York, reaching a...

  • Euro set for third straight week of gains Friday, 13 Feb 2015 | 8:45 AM ET

    The euro edged higher on Friday, putting it on course for a third straight week of gains, its best performance in just under a year.

  • Riksbank's rate cut wasn't a surprise: HSBC  Thursday, 12 Feb 2015 | 9:45 PM ET

    Amid a low inflationary environment worldwide, central banks will likely do more hence the rate cut by Sweden's central bank wasn't totally unexpected, says Dominic Bunning, FX strategist at HSBC.

  • Dollar slides on soft U.S. data; euro gets relief Thursday, 12 Feb 2015 | 11:10 AM ET

    The dollar dropped across the board on Thursday after weaker-than-expected U.S. economic data.

  • LONDON, Feb 12- Sterling jumped after the Bank of England's Inflation Report on Thursday, while Sweden's surprise decision to launch stimulus and cut interest rates below zero sent the crown to a six-year low against the dollar. The Bank of England brought forward its forecasts for when inflation would reach its target of 2 percent, saying it expects stronger...

  • Yen surges on reports of hawkish tone from BOJ Thursday, 12 Feb 2015 | 5:25 AM ET

    The yen surged against the U.S. dollar following a report that the country's central bank is cooling on the idea of adding more stimulus.

  • NEW YORK, Feb 11- The euro hit a seven-year low against the British pound and fell versus the dollar for a second straight session on Wednesday ahead of the outcome of a euro zone finance ministers' meeting as the region and Greece edged closer to a showdown. Any failure to find common ground on Greece's debt burden will likely put more pressure on the euro.