British Pound


  • LONDON, Aug 19- Sterling fell to a four-month low against the dollar and slipped towards a two-month trough versus the euro on Tuesday, after data showed British inflation fell more than expected and eased pressure on the Bank of England to raise interest rates. Consumer prices rose 1.6 percent on the year in July, the Office for National Statistics said.

  • Dollar gains on easing tensions and housing data Monday, 18 Aug 2014 | 1:48 PM ET

    The US dollar rose against a basket of major currencies on Monday on reduced concerns over Russia and Ukraine and positive US housing data.

  • FOREX-Carney buoys sterling, dollar under pressure Monday, 18 Aug 2014 | 4:07 AM ET

    *Carney tells Sunday Times UK rates may rise before pay recovers. LONDON, Aug 18- Sterling was the main mover on major currency markets on Monday, recovering from last week's multi-month lows after the Bank of England said interest rates might have to rise before wage inflation picks up.

  • *Carney tells Sunday Times UK rates may rise before pay recovers. SYDNEY, Aug 18- Sterling rose on Monday after the Bank of England indicated that UK interest rates may have to rise even before wage growth recovers, backtracking from earlier comments that prompted markets to push out the risk of a rate hike.

  • Dollar gets no safe-haven love from Ukraine drama Friday, 15 Aug 2014 | 11:15 AM ET

    The dollar failed to get a safe-haven boost despite news that the Ukraine-Russia conflict had entered a potentially dangerous phase.

  • *UK GDP data cold comfort for sterling. LONDON, Aug 15- The euro was on track for a second week of losses against the dollar on Friday, and hovered near five-month lows against the Swiss franc, on concerns about the euro zone's economic prospects and expectations for more stimulus. The data confirmed that the UK economy grew at its fastest annual pace in over six years.

  • *UK GDP data in focus in European session. LONDON, Aug 15- The euro was on track for its fifth week of losses against the dollar on Friday, and hovered near five-month lows against the Swiss franc on growing worries about the euro zone's gloomy economic prospects and more monetary stimulus.

  • Dollar edges up from early losses in thin trading Thursday, 14 Aug 2014 | 5:00 PM ET

    A robust U.S. 30-year bond auction supported Treasuries prices in general and weighed on yields, which has underpinned the greenback, analysts said.

  • Market 'overexcited' about BoE rate hike: Pro     Thursday, 14 Aug 2014 | 1:45 AM ET

    Simon Derrick, chief currency strategist at BNY Mellon, says the market was "overexcited" about the prospects of a U.K. rate hike and discusses the price movement of sterling.

  • By Ian Chua and Masayuki Kitano. SYDNEY/ SINGAPORE, Aug 14- Sterling set a fresh four-month low on Thursday, staying on the defensive after the Bank of England surprised investors the previous day by signalling it was in no hurry to raise interest rates.

  • SYDNEY, Aug 14- Sterling languished at four-month lows early on Thursday, having taken the honors of the worst-performing major currency after the Bank of England signaled it was in no hurry to raise interest rates.

  • Bank of England's Carney wrong-foots investors again Wednesday, 13 Aug 2014 | 7:01 PM ET

    LONDON, Aug 14- Bank of England Governor Mark Carney is gaining a reputation for upsetting the financial markets. In June, he made sterling leap by warning investors that they were not sufficiently pricing in the chance of an early increase in Britain's record-low benchmark interest rates.

  • LONDON, Aug 13- Sterling fell on Wednesday after a Bank of England report forecast subdued growth in wages in coming months, leading markets to push back until early next year expectations of when monetary policy will tighten.

  • Dollar trips as US retail sales disappoint Wednesday, 13 Aug 2014 | 4:57 AM ET

    The British pound also falls on inflation, wages data, and the yen is subdued after Japan's Q2 GDP contraction.

  • LONDON, Aug 13- Sterling edged up in early European trade on Wednesday as investors trimmed bets against the currency before a Bank of England report, which may give clues on when the UK will start to tighten monetary policy. Sterling edged up 0.1 percent against the dollar to $1.6825, pulling away from a two-month low of $1.6757 struck on Tuesday.

  • LONDON, Aug 12- Sterling inched up against the euro on Tuesday after a survey showed investor morale in Germany at its lowest in over 1-1/ 2 years, a further sign that the euro zone recovery is faltering.

  • Euro heads for 9-month lows, German ZEW seen weak Tuesday, 12 Aug 2014 | 4:48 AM ET

    The euro fell towards 9-month lows against the dollar on Tuesday, as investors positioned for a weak German sentiment survey.

  • Norwegian crown hits 7-week high Monday, 11 Aug 2014 | 9:31 AM ET

    The Norwegian crown hit a seven-week high against the euro after Norway reported consumer inflation unexpectedly jumped in July.

  • Yen, Swissie gain as Iraq ripples through markets Friday, 8 Aug 2014 | 2:46 PM ET

    The euro gained against the dollar and sterling, and investors flocked to the Swiss Franc and yen as Obama approved air strikes in Iraq.

  • FOREX-Euro inches higher, eyes on Iraq, Russia Friday, 8 Aug 2014 | 8:33 AM ET

    LONDON, Aug 8- The euro gained back some ground against the dollar and sterling on Friday, while investors sought the traditional safety of the yen and Swiss franc after U.S. President Barack Obama approved air strikes in Iraq.