The euro struggled to hold above eight-month lows against the dollar on Friday, hurt by a dive in Germany's Ifo survey of business sentiment.» Read More
SYDNEY, June 25- The British pound nursed losses on Wednesday after comments from the Bank of England governor cooled expectations for an interest rate hike this year, while its G3 counterparts drifted in well-worn ranges.
SYDNEY, June 25- Sterling nursed losses early on Wednesday after comments from the Bank of England governor cooled expectations for an interest rate hike this year, while the G3 currencies remained stuck in well-worn ranges following yet another non-committal session.
The British pound fell after the Bank of England did little to bolster rate hike expectations.
*Sterling weaker after Bank of England comments. NEW YORK, June 24- The U.S. dollar edged higher on Tuesday after stronger-than-expected U.S. housing and consumer confidence data increased expectations of a more hawkish tone from the Federal Reserve.
LONDON, June 24- The British pound fell on Tuesday, on track for its biggest daily decline in two weeks against the dollar, after Bank of England chief Mark Carney did little to bolster interest rate hike expectations.
LONDON, June 24- European stocks fell on Tuesday after a survey found German business morale was flagging, raising concern over growth in Europe's largest economy. The FTSEurofirst 300 index of leading shares dropped 0.2 percent to 1385 points, Germany's DAX was down 0.1 percent at 9912 points and France's CAC 40 was up 0.1 percent at 4520 points.
The Australian and New Zealand dollars both jumped on Monday, after a promising China manufacturing survey.
*U.S./ U.K. two-year yield spread widest since Aug. 2011. NEW YORK, June 20- The dollar rose on Friday on higher U.S. bond yields, while sterling slipped from its recent peaks tied to expectations the Bank of England might raise interest rates by early 2015 on signs of a strengthening British economy.
*Sterling firm on more signs of UK economic strength. LONDON, June 20- The dollar inched up on Friday, helped by gains against the safe-haven yen, but it was still headed for its worst week since early May against a basket of currencies after the Federal Reserve's surprisingly dovish policy outlook.
*Sterling firmer on more signs of UK economic strength. LONDON, June 20- The dollar was under pressure on Friday, heading for its biggest weekly loss in over two months against a basket of currencies following the Federal Reserve's surprisingly dovish policy outlook.
The dollar reversed some of its losses in a quiet session overnight after upbeat U.S. data helped temper the Federal Reserve's dovish outlook.
*Dollar index steadier but set to lose 0.25 pct on week. By Ian Chua and Shinichi Saoshiro. SYDNEY/ TOKYO, June 20- The dollar remained under pressure on Friday but managed to win back some lost territory after upbeat U.S. data helped temper the fallout from the Federal Reserve's surprisingly dovish policy outlook.
*Sterling rises to highest vs dollar since Oct 2008. NEW YORK, June 19- The U.S. dollar fell on Thursday a day after the Federal Reserve signaled it will stick with near-zero interest rate policy to support the world's biggest economy, disappointing traders who had bet on hints of policy tightening.
The dollar sank to its weakest level in three weeks on Thursday after a cautious message from the Federal Reserve.
Currency experts have warned that there will be winners and losers in the foreign exchange markets on the back of the spike in oil.
*New Zealand dollar hits trade-weighted record high. The euro traded at its highest level in 10 days against the dollar while sterling inched up to a new 5- year high of $1.7018 and the New Zealand dollar soared to a record high.
Ilya Spivak, Currency Strategist at FXCM, says the best forex trade following the FOMC meeting is to short the euro against the greenback and Britain's pound.
Currency analysts to believe an interesting trading opportunity could develop over the coming months.
*Sterling trades just below $1.70 before BoE minutes. LONDON, June 18- The dollar held firm on Wednesday after a surprisingly high reading for U.S. inflation raised expectations that Federal Reserve Chair Janet Yellen could strike a more hawkish tone on the monetary policy outlook.
The U.S. dollar held onto modest gains, having risen broadly after U.S. consumer prices recorded their largest increase in more than a year in May.