The dollar index racked up a 10th straight week of gains on Monday, its longest winning streak since its free float in 1973.» Read More
LONDON, Sept 10- Global shares struggled on Wednesday as markets added to bets on an early U.S. rate hike while nagging concerns over Scotland's future unnerved investors in Europe, hurting sterling and helping the dollar hold on to recent gains.
LONDON, Sept 10- Sterling hit a fresh 10- month low against the dollar and a three-month trough against the euro on Wednesday, with traders citing an online survey on the Scottish independence which gave the "Yes" camp a strong lead.
Investors bet that the U.S. economy is growing at a pace that is likely to lead the Federal Reserve to begin raising interest rates next year.
*Sterling rises, but risk of Scotland independence weighs. But the boost to sterling was fleeting amid growing worries that Scotland may vote for independence. Investors had until late August largely ruled out the chance of Scotland breaking away from the three-century old union.
*Sterling hamstrung by risk of Scotland independence. Sterling extended losses to drop to fresh 10- month lows, a day after it posted its biggest daily drop in 2-1/ 2 years on growing worries that Scotland may vote for independence. Investors had until late August largely ruled out the chance of Scotland breaking away from the three-century old union.
*Sterling still hamstrung by risk of Scotland independence. SYDNEY/ SINGAPORE, Sept 9- The dollar scaled a 14- month high against a basket of currencies on Tuesday, after a Federal Reserve study made investors reassess prospects for higher U.S. interest rates, while sterling fell on worries that Scots may vote for independence.
*Sterling still hamstrung by risk of Scotland independence. SYDNEY, Sept 9- The dollar traded at 14- month highs against a basket of major currencies early on Tuesday, benefiting from a run in sterling and after a Federal Reserve study sparked more buying interest.
NEW YORK, Sept 8- Scotland's threat to secede from the United Kingdom knocked the British pound to a 10- month low against the U.S. dollar on Monday and sparked weakness in major stock markets already uncertain as to whether a cease-fire in Ukraine would hold.
Sterling plunged on fears over the outcome of Scotland's upcoming independence referendum and the Australian and Brazilian currencies also dropped.
Discussing the uncertainty around Scotland's independent vote, and the potential impact to Scotland's big oil supply, with John Kilduff, Again Capital founding partner.
CNBC's Michelle Caruso-Cabrera reports the British pound has gotten hammered today as a new poll on Scotland shows the public is split over the independence vote.
NEW YORK, Sept 8- The U.S. dollar gained against a basket of currencies on Monday to its highest in over a year as sterling plunged on fears over the outcome of Scotland's upcoming independence referendum and the Australian and Brazilian currencies also dropped.
A new poll reveals more people in Scotland are in favor of becoming independent, and the British pound is plunging to a 10-month low. CNBC's Seema Mody and Sara Eisen provide insight.
Henry Dixon, fund manager at GLG, and Petr Krpata, foreign exchange strategist at ING, discuss the latest polls on the Scottish referendum and how a "Yes" vote could hit the sterling.
NEW YORK/ LONDON Sept 8- Sterling dived to its lowest against the dollar in nearly 10 months on Monday after a poll for the first time showed Scotland was ready to vote to break up its three-century-old union with the rest of the United Kingdom.
LONDON, Sept 8- World share markets stalled on Monday as the threat of Scotland splitting from the rest of Britain leapt to the forefront of investors' attention, the latest in a recent run of geopolitical curveballs.
LONDON, Sept 8- The cost of hedging against near-term currency swings from a possible "Yes" vote at Scotland's independence referendum jumped on Monday, with the options market showing its greatest bias for sterling weakness against the dollar in more than two years.
LONDON, Sept 8- Sterling sank by the most in more than a year on Monday after a poll predicted for the first time this year that Scotland will vote for independence, prompting the biggest surge in market volatility since Britain's last general election. A YouGov survey for the Sunday Times was the first to put the "Yes" camp ahead, by 2 percentage points.
*Most European shares sag as FTSE leads way lower. LONDON, Sept 8- Sterling fell to a 10- month low while British shares and government bonds showed strains on Monday, as a poll put the campaign for Scotland to split from the rest of the UK in the lead for the first time-- just 10 days before the final vote.
LONDON, Sept 8- The cost of hedging against near-term currency swings from a possible "Yes" vote in Scotland's independence referendum jumped to a 13- month high on Monday, as more hedge funds sought protection from wild fluctuations in the pound.