The Australian dollar slipped, dented by speculation the RBA may cut interest rates on Tuesday, while the U.S. dollar held steady.» Read More
The dollar touched a two-week high against the yen on Friday and rose from a two-month low versus a basket of major currencies.
*UK manufacturing growth falls to seven-month low. *GRAPHIC: UK factory PMI http://r.reuters.com/tap74s. Sterling hit a three-week low against the euro after the Markit/ CIPS UK Manufacturing Purchasing Managers' Index, a closely watched monthly business survey, suffered its biggest fall in more than two years.
The greenback reversed earlier losses to trade higher against a basket of currencies on Thursday.
The yen pushed higher on Thursday after the BOJ kept policy unchanged and held off from expanding its monetary stimulus.
The dollar dropped to an eight-week low after a weak U.S. consumer confidence report.
Sterling has boomed since mid-April and some analysts say the rally could run way beyond next month’s national election.
George Buckley, chief U.K. economist at Deutsche Bank, outlines his expectations for the U.K.'s first-quarter GDP reading and explains what that means for the Bank of England's monetary policy.
The euro scaled a three-weak peak against the dollar on optimism about Greece's prospects after the government reshuffled its bailout team.
Data showing a seventh straight monthly decline in U.S. business spending plans knocked the dollar lower on Friday.
The dollar fell against most other major currencies on Thursday, while the euro rose on waning fears of a Greek default.
Peter Hensman, global strategist at Newton, says there's evidence that sterling is pricing in all the U.K. election risks.
SYDNEY, April 23- Sterling stood at its highest in over a month early on Thursday, having outperformed its peers after the latest set of policy minutes from the Bank of England was less dovish than expected. The pound climbed as far as $1.5080, while the euro slid to 71.20 pence, reaching levels not seen since mid-March. "Weighed down by the uncertain outcome of the May...
*Sterling hits 5- week high vs dollar on upbeat Bank of England. A National Association of Realtors report showing an increase in March of existing home sales to an annual rate of 5.19 million units, the highest level since September 2013, suggested the U.S. economy may be shrugging off sluggishness. In a subdued session for most major currencies, sterling topped...
The dollar edged upward after a jump in U.S. home sales data lifted expectations Federal Reserve policymakers may soon hike interest rates.
*Sterling hits 5- week high vs dollar on upbeat Bank of England. The increase in March of existing home sales to an annual rate of 5.19 million units reported by the National Association of Realtors was the highest level since September 2013. In a subdued session for most major currencies, sterling topped $1.50 after Bank of England minutes emphasized hopes for a...
The euro inched up against the dollar, pivoting from early losses following an ECB proposal.
The dollar rose broadly, with the euro sliding more than half a percent against the U.S currency, on growing concern that Greece may default on debts.
The dollar index traded slightly lower in late-afternoon Friday as the euro extended its gains.
The dollar was on track for its biggest daily decline against a basket of major currencies in nearly two weeks on Thursday.
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.