British Pound


  • Dollar rises after strong US GDP report; euro sags Thursday, 28 Aug 2014 | 2:08 PM ET

    Better-than-expected U.S. growth data lifted the dollar on Thursday as the euro fell amid worries about tensions between Ukraine and Russia.

  • Euro climbs amid tempered ECB expectations Wednesday, 27 Aug 2014 | 3:42 PM ET

    The euro turned higher in choppy trading Wednesday as traders reacted to headlines that the ECB is unlikely to take new action early next week.

  • UK, Germany battle to be Chinese yuan trading hubs Wednesday, 27 Aug 2014 | 7:29 AM ET

    Use of the Chinese yuan in Germany and the U.K. has doubled over the last year, as London and Frankfurt fight to become trading hubs.

  • Dollar dips on profit-taking, easing U.S. yields Tuesday, 26 Aug 2014 | 10:39 AM ET

    The dollar softened on Tuesday while the euro further struggled on expectations of soft inflation data and more monetary easing.

  • Pound has 'a long way to go' against euro: Pro     Tuesday, 26 Aug 2014 | 1:15 AM ET

    Steven Saywell, global head of FX strategy at BNP Paribas, says sterling has "a long way to go" to the upside against the euro as the Bank of England looks likely to be the first major central bank to hike interest rates.

  • SYDNEY, Aug 26- The euro stayed on the back foot early on Tuesday, having extended its decline particularly against the Swiss franc overnight as markets toyed with the idea of another round of policy easing by the European Central Bank.

  • Euro stumbles on Draghi dovishness Monday, 25 Aug 2014 | 5:05 AM ET

    The euro fell to its lowest in nearly a year against a broadly firmer dollar on Monday after comments from the head of the European Central Bank.

  • Dollar gains, Yellen seen as less dovish than usual Friday, 22 Aug 2014 | 4:08 AM ET

    Yellen's speech cited persistent labor market slack but noted faster recovery in the sector could accelerate the timing of a Fed interest rate hike.

  • Dollar trades in tight range ahead of Yellen speech Thursday, 21 Aug 2014 | 2:58 PM ET

    Central bankers gathered for a three-day meeting in Wyoming that will feature a potentially market-rattling speech by Fed Chair Janet Yellen.

  • German data brings relief to euro, dollar stalls Thursday, 21 Aug 2014 | 5:01 AM ET

    The euro recovered from a 11-month low against the dollar, helped by better-than-expected German private sector growth data.

  • 'Bang for your buck' in euro/dollar: Pro     Thursday, 21 Aug 2014 | 1:00 AM ET

    Michael Sneyd, FX analyst at BNP Paribas, says euro/dollar is a more attractive trade than cable as the Bank of England and Federal Reserve are both taking a hawkish stance.

  • Dollar gains on better-than-expected housing data Tuesday, 19 Aug 2014 | 12:57 PM ET

    U.S. housing starts surged past expectations in July, snapping two straight months of declines.

  • LONDON, Aug 19- Sterling hit a four-month low against the dollar and a near two-month trough versus the euro on Tuesday after weaker-than-expected inflation data 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.

  • FOREX-Sterling, kiwi slide, jury out on dollar rally Tuesday, 19 Aug 2014 | 7:21 AM ET

    *Data also points to softer outlook for New Zealand dollar. WARSAW, Aug 19- Sterling and the New Zealand dollar were the main losers on major currency markets on Tuesday, hit respectively by a bigger than expected fall in inflation and lower government forecasts for growth.

  • 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.