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British Pound

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  • Here's the next stage in global currency wars Thursday, 4 Jun 2015 | 1:21 AM ET
    Currency exchange rates

    The race for a devalued currency is set for a new set of twists and turns this summer.

  • Dollar steadily lower after Beige Book release Wednesday, 3 Jun 2015 | 3:31 PM ET

    The dollar traded lower against the euro after the Federal Reserve said U.S. economic growth remained tepid.

  • The euro strengthened against the U.S. dollar, which was on track to post its biggest one-day loss against the single currency since mid-March.

  • Dollar rallies on US data, Greek debt worries Monday, 1 Jun 2015 | 3:23 PM ET
    Euro

    The U.S. dollar advanced against major currencies after stronger-than-expected data on U.S. manufacturing activity and construction spending.

  • Dollar trades mixed at end of winning month Friday, 29 May 2015 | 3:16 PM ET

    The dollar was mixed on Friday with month-end selling after a recent rally.

  • Dollar rises to 12-1/2-year peak vs yen Thursday, 28 May 2015 | 5:14 PM ET

    The dollar climbed to a 12-1/2-year high against the yen as investors bet that U.S. interest rates will rise later this year.

  • Dollar hits 8-year high vs yen, euro firms Wednesday, 27 May 2015 | 3:25 PM ET

    The dollar rose against most major currencies on Wednesday, hitting an eight-year peak against the yen.

  • LONDON, May 27- Sterling eased from a recent 2-1/ 2 month high against the euro on Wednesday, with investors awaiting the Queen's Speech which will outline the government plans for a referendum on European Union membership. Analysts have been flagging concerns about a possible "Brexit", and many say the risks to a UK economy that relies on inflows of investment and...

  • Dollar gains top 1 percent on US rates outlook Tuesday, 26 May 2015 | 3:22 PM ET

    The dollar rose more than 1 percent, extending recent gains driven by increasing expectations the Fed will start raising rates.

  • Sterling near 2-1/2 month high against struggling euro Tuesday, 26 May 2015 | 10:15 AM ET

    LONDON, May 26- Sterling rose to a 2-1/ 2 month high against a struggling euro on Tuesday, with the single currency weighed down by Greece's debt problems and interest rate differentials moving in favour of the British pound. It was last trading at 70.87 pence, down 0.1 percent on the day, having been hit in recent days by a senior European Central Bank official who...

  • Sterling hits 2-1/2 month high against a weaker euro Tuesday, 26 May 2015 | 4:41 AM ET

    LONDON, May 26- Sterling rose to a 2-1/ 2 month high against a struggling euro on Tuesday, with the single currency weighed down by Greece's debt problems and interest rate differentials moving in favour of the British pound. The euro has been hit in recent days by a senior European Central Bank official flagging the possibility of aggressive bond buying and...

  • Dollar back in vogue on CPI boost, Yellen's comments Monday, 25 May 2015 | 9:00 AM ET

    The dollar hit a one-month high against a basket of major currencies after stronger-than-expected underlying U.S. inflation bolstered the Fed's case for a rate hike.

  • As Greece risks linger, is euro looking vulnerable? Sunday, 24 May 2015 | 6:19 PM ET
    As Greece risks linger, is euro looking vulnerable?

    Ray Attrill, co-head of FX strategy at National Australia Bank, expects the euro to fall to $1.02-1.03 against the U.S. dollar in the second half of 2015.

  • Dollar regains footing, rises after CPI data Friday, 22 May 2015 | 3:40 PM ET

    The U.S. dollar turned higher on Friday, spurred off its early losses by a U.S. inflation report uptick.

  • *Yet sterling up solidly on the year, FTSE rides high. Neither risk materialized and the bounce in the pound after Prime Minister David Cameron's re-election with an unexpected outright majority could be viewed as a sign of investors' faith that he can weather the third of the trio- a vote on Britain's EU membership. "The market believes that whether now or later on...

  • *Yet sterling up solidly on the year, FTSE rides high. Neither risk materialised and the bounce in the pound after Prime Minister David Cameron's re-election with an unexpected outright majority could be viewed as a sign of investors' faith that he can weather the third of the trio- a vote on Britain's EU membership. "The market believes that whether now or later on...

  • LONDON, May 22- Sterling fell sharply against the dollar on Friday, after a stronger-than-expected rise in U.S. core consumer prices in April revived bets that inflation may reach the Federal Reserve's 2 percent target later this year. Sterling fell 0.9 percent against the dollar to $1.5520, well off a five-month high of $1.5815 struck on May 14.

  • LONDON, May 22- Sterling hovered near a 7- year high against a trade-weighted basket of currencies on Friday, buoyed by recent data bolstering a view that the British economy was outperforming its peers. The currency had taken a knock earlier this week after UK inflation fell below zero in April for the first time in 55 years. "Aside from inflation risks, the UK...

  • Dollar weakens against euro for first time in week Thursday, 21 May 2015 | 3:17 PM ET

    The U.S. dollar weakened against the euro on Thursday for the first time this week.

  • Sterling surges after UK retail sales boost Thursday, 21 May 2015 | 12:01 PM ET

    LONDON, May 21- Sterling powered to a two-month high against the euro and erased much of this week's loss against the dollar on Thursday after data showed British retail sales rose more strongly than expected in April. "With the recent uptick in the housing market after a winter lull, and consumer confidence at its highest for several years, there's good reason to...