The euro was on track for a second straight month of losses on Friday, with selling likely to accelerate if data shows inflation has slowed.» Read More
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.
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.
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.
The euro fell towards 9-month lows against the dollar on Tuesday, as investors positioned for a weak German sentiment survey.
The Norwegian crown hit a seven-week high against the euro after Norway reported consumer inflation unexpectedly jumped in July.
The euro gained against the dollar and sterling, and investors flocked to the Swiss Franc and yen as Obama approved air strikes in Iraq.
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.
The yen came under pressure from Japan's plans to increase its pension allocation to the domestic stock market.
The dollar held near an 11-month high, supported by upbeat U.S. data, while the New Zealand dollar took a hit from a fall in dairy prices.
The US dollar extended a rally after an 8-1/2 year high in services growth and a bigger-than-expected increase in factory orders.
Richard Perry, market analyst at Hantec Markets, says there is the prospect for a technical rally for the euro and that a period of sterling "bullishness" is coming to an end.
The euro headed back below $1.34 on Tuesday after a survey of Italian service sector purchasing managers disappointed on the low side.
The dollar hovered around 10-month highs ahead of U.S. jobs data on Friday.
The U.S. dollar edged higher against a basket of major currencies on Thursday after labor market data fueled expectations for a hawkish Fed.
The dollar rose against a basket of currencies on Wednesday, after the Fed announced it will cut its asset buying program by another $10 billion.
*H1 EPS 101.8 pence vs forecast 102 pence. LONDON, July 30- British American Tobacco reported lower revenue and profit for the six months ended June 30, hurt by the strong British pound and a slight decline in volume.