The dollar rose against a basket of currencies on Wednesday, after the Fed announced it will cut its asset buying program by another $10 billion.» Read More
The dollar looked set for a second week of losses on Friday, after a string of poor U.S. economic data that gave investors no reason to expect higher interest rates soon.
Sterling rallied on Thursday after new measures to cool the UK housing market failed to dampen rate rise expectations.
LONDON, June 26- Sterling rallied against the dollar on Thursday after new measures to cool the UK housing market failed to dampen rate rise expectations and a downward revision to U.S. The Bank of England tightened lending norms to the housing sector but its measures were less aggressive than many in the market had anticipated.
LONDON, June 26- The dollar index languished near one-month lows on Thursday, still held back by surprisingly weak U.S. first-quarter GDP data, which has bolstered expectations that monetary policy will remain loose. In the European session, the focus will be on the British pound and the impact from the Bank of England's report on financial stability.
LONDON, June 25- Sterling stayed under pressure for a second day on Wednesday, as investors cut favourable bets on the currency after Bank of England governor cooled expectations of an interest rate hike later this year.
The pound saw losses after comments from the BoE cooled expectations for an interest rate hike, while its G3 counterparts drifted in well-worn ranges.
LONDON, June 25- Sterling extended losses on Wednesday, falling sharply against the euro as investors cut favourable bets on the currency after Bank of England governor cooled expectations of an interest rate hike later this year.
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.