The U.S. dollar edged lower against a basket of major currencies on Friday after comments from Federal Reserve Chair Janet Yellen.» Read More
The dollar fell for a second straight day against major currencies, pressured by weak US economic data as the Fed started a two-day policy meeting.
Wednesday's U.K. Budget is the last big political flashpoint before the country's general election in May. Tapan Datta, head of asset allocation at Aon Hewitt, weighs in with what to expect.
The euro rose for a second day against the dollar on Tuesday as investors awaited the start of a two-day U.S. Federal Reserve policy meeting.
The euro extended its losses against the greenback on Friday as it traded under $1.05.
The euro extended gains against the dollar after surprisingly weak February retail sales data, recovering from an earlier 12-year low in Asian trade.
The euro extended its unrelenting fall, dropping 1 percent to below $1.06 for the first time in 12 years as the ECB's QE program hammered bond yields.
Here's why the euro will continue to weaken, Deutsche Bank's George Saravelos told CNBC.
Rebecca Patterson, Bessemer Trust CIO, provides perspective on the ripple effect of a strong dollar on the markets.
LONDON, March 11- The euro plumbed another 12- year low against the dollar on Wednesday, extending a broad decline since the European Central Bank kicked off its 1.1 trillion euro asset-buying program at the start of the week. The euro lost half a percent against the dollar to trade at $1.0638, its weakest since April 2003. Against sterling, the euro fell half a...
The euro hit a 12-year low against the dollar after falling below $1.07 as the ECB continued its QE program.
The euro sank below $1.08 for the first time in almost 12 years, as the latest round of dollar gains brought into focus a run towards parity.
Xavier Rolet, CEO of the London Stock Exchange, talks about how the U.K. environment differs from the U.S.'s, in terms of bank lending.
The dollar jumped to an 11-1/2 year high as U.S. employment growth bolstered market sentiment that the Fed was closer to raising interest rates.
LONDON, March 6- Sterling fell sharply against the dollar on Friday, dropping to four-week lows after a strong U.S. jobs report, with concerns about a potentially unsettling British election in May also weighing on sentiment. It was firmer against the euro, though, trading at 72 pence, its highest since December 2007. The pound's rise against the euro came as...
LONDON, March 6- Sterling hit a more than seven-year high against the struggling euro on Friday, as interest rate differentials moved in favour of the British pound with the European Central Bank gearing up to launch its 1- trillion euro bond buying programme. Sterling was down 0.2 percent against the dollar $1.5208, not far from a four-week low of $1.5194 struck...
The euro fell on Thursday below $1.10 for the first time since 2003 and the U.S. dollar added to gains.
LONDON, March 5- Sterling rose to its strongest since late 2007 against the euro on Thursday, bolstered by signs that the European Central Bank might have to plough on with outright money-printing far into next year or longer to restore growth to the euro zone. In a volatile few minutes during ECB president Mario Draghi's post-meeting news conference, sterling...
The Bank of England has announced this month's rate decision, which remains unchanged. Peter Chatwell, interest rate strategist at Mizuho International, gives his response, whilst discussing the sterling currency.
Commenting on investigations into fraud at the Bank of England, Andrew Goodwin, senior U.K. economist at Oxford Economics says the central bank needs to be more transparent.
The Bank of England publishes its March policy decisions at 1200 GMT and is expected to add nothing immediately to the debate over the timing of a interest rate rise, now seen likely early next year. "The euro-dollar fall is dragging the pound down against the dollar and the euro can't fall too fast from here," said Kit Juckes, a strategist with Societe Generale in...