The dollar index traded slightly lower in late-afternoon Friday as the euro extended its gains.» Read More
The dollar tumbled after five straight days of gains, as investors took advantage of weaker-than-expected retail sales to lighten hefty positions.
*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...
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.
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.
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.
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...
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...
*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...
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.
The Bank of England has kept its interest rate unchanged at 0.5 percent.
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.
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.
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.
The dollar traded higher on Wednesday after the release of the Federal Reserve's FOMC meeting minutes.
The greenback recovered as trading desks returned to full strength and underlying trends for its continued rise reappeared.
The dollar cut early losses but continued to feel the carry-over effects of a disappointing U.S. jobs report from Friday.
An exciting U.K. election could mean big profits for traders. Kathy Lien of BK Asset Management and Andrew Burkly of Oppenheimer discuss with Amanda Drury.