GO
Loading...

British Pound

More

  • Yen near 1-month high vs dollar; oil sours sentiment Tuesday, 13 Jan 2015 | 4:06 AM ET

    The yen hit a one-month high against the dollar on Tuesday, buoyed by steady demand for safe-haven assets against a backdrop of plunging oil prices.

  • UK could be heading for a 'sterling crisis': Pro  Tuesday, 13 Jan 2015 | 3:50 AM ET

    Carl Weinberg, chief economist at High Frequency Economics, says the U.K.'s current account deficit and the downward move in the pound could be the beginning of a move in the currency of "dramatic proportions".

  • *Focus on UK inflation, downside risk to sterling. In Europe, the focus will be on the pound ahead of UK inflation data. A drop below one percent would require BoE Governor Mark Carney to write an explanatory letter to Britain's finance minister and would boost expectations that the bank will wait until the second quarter of 2016 before raising interest rates.

  • US jobs data helps pound bounce after rough week Friday, 9 Jan 2015 | 12:47 PM ET

    Sterling recovered some ground on Friday, pushing back above $1.51 as the dollar retreated broadly.

  • U.S. jobs data helps pound bounce after rough week Friday, 9 Jan 2015 | 12:24 PM ET

    LONDON, Jan 9- Sterling recovered some ground on Friday, pushing back above $1.51 as the dollar retreated broadly after U.S. payrolls data that showed the economy creating jobs robustly without generating much wage growth. By late trade in London, sterling was half a percent higher at $1.5157 and 0.1 percent stronger against the euro at 78.09 pence.

  • Euro hovers near 9-yr lows, undermined by ECB QE bets Thursday, 8 Jan 2015 | 4:27 AM ET

    The euro extended losses into a sixth straight day to trade near a nine-year low, as investors bet the ECB was getting closer to adopting QE.

  • Euro hits fresh 9-year low after euro zone data Wednesday, 7 Jan 2015 | 5:59 AM ET

    The euro hit another nine-year low against the dollar on Wednesday, after data for the euro zone revealed that prices were falling in the region.

  • Sterling is at 17-month low, but has it bottomed? Tuesday, 6 Jan 2015 | 11:39 AM ET

    The U.K. pound hit a fresh 17-month low against the U.S. dollar on Tuesday and currency experts are split on which way the currency will head next.

  • Yen in vogue as oil rout sparks risk aversion Tuesday, 6 Jan 2015 | 6:55 AM ET
    10,000 Japanese yen and 100 U.S. dollar notes arranged for a photograph.

    The safe-haven yen rose as investor risk aversion mounted following a sharp drop in crude oil and stocks.

  • Euro near 9-year low on Greek worry, easing bet Monday, 5 Jan 2015 | 4:08 PM ET
    A clerk handles dollars and euros at a money exchange office in Paris.

    The euro fell to near a nine-year low, hit by concerns that Greek elections will result in a government that will aim to cancel austerity measures.

  • Sterling stumbles as dollar tears higher Monday, 5 Jan 2015 | 11:21 AM ET

    LONDON, Jan 5- Sterling slipped against a rallying dollar on Monday, after yet another set of weaker-than-expected economic UK data boosted bets that the Bank of England will not raise interest rates any time this year. Numbers released on Monday showed Britain's construction sector grew last month at its slowest rate since July 2013, well below economists'...

  • LONDON, Jan 5- Sterling fell against the dollar, hovering near a 17- month low struck earlier on Monday, as subdued economic data bolstered bets that the Bank of England will not raise interest rates until 2016.. The pound was also hurt by growing political uncertainty after Prime Minister David Cameron said on Sunday that he would like to bring forward a planned...

  • Euro drops to 4-1/2 year low on QE bets Friday, 2 Jan 2015 | 4:05 PM ET

    The euro fell to its lowest in 4-1/2 years against the dollar on Friday after the head of the ECB fanned expectations of QE later this month.

  • *Sterling drops after UK manufacturing data miss. NEW YORK, Jan 2- The U.S. dollar hit its highest level against the euro in 4-1/ 2 years on Friday and reached parity with the Swiss franc after comments from European Central Bank President Mario Draghi underscored the benefits of tighter U.S. monetary policy. "Markets and commentators have been talking about this...

  • The U.S. dollar hit its highest level since March 2006 on Friday, as the euro fell on speculation about imminent monetary easing tactics.

  • LONDON, Jan 2- Sterling got off to a sorry start to the year on Friday, sliding under $1.54 to a 17- month trough as weak manufacturing data bolstered bets that the Bank of England will not raise interest rates until 2016.. The pound fell as low as $1.5369, its weakest since early August 2013, leaving it down 1.4 percent on the day, its steepest fall in four months.

  • Dollar set to rack up strongest year since 2005 Wednesday, 31 Dec 2014 | 2:06 PM ET

    The dollar was set to end 2014 with a gain of more than 12 percent against a basket of major currencies on Wednesday.

  • Safe-haven yen surges amid investor nerves Tuesday, 30 Dec 2014 | 8:04 AM ET

    The yen gained sharply against both the dollar and euro on Tuesday as investors sought the traditional safety of the Japanese currency.

  • Investors love to invest in London  Tuesday, 30 Dec 2014 | 4:50 AM ET

    Investment in London-based firms has increased 20-fold since 2010 and its tech firms attract more than $1.4 billion. Eileen Burbidge, partner at Passion Capital, explains the factors that draw investors into London - including its "diverse" metropolis and "huge talent-pool".

  • ‘Perfect storm’ could send euro even lower Monday, 29 Dec 2014 | 11:53 AM ET

    The euro traded near a 28-month low on Monday after a vote in Greece failed to secure a president.