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British Pound

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  • Euro falls to fresh 11-year low on ECB decision Thursday, 22 Jan 2015 | 1:38 PM ET

    The euro hit a fresh 11-year low after Draghi announced the launch of an open-ended expanded monthly 60 billion euro bond-buying program.

  • This currency war cannot go well: Art Cashin Thursday, 22 Jan 2015 | 12:11 PM ET
    Art Cashin

    The currency war is being played like a chess match, but that will eventually change, veteran trader Art Cashin told CNBC.

  • Yen rebounds, BOJ disappoints further easing bets Wednesday, 21 Jan 2015 | 6:22 AM ET

    The yen rebounded against the dollar after the Bank of Japan stood pat on monetary policy.

  • Dollar rises to 1-week high vs yen after China data Tuesday, 20 Jan 2015 | 5:32 AM ET

    The dollar hit a one-week high against the yen after China growth data was not as bad as many had feared, curbing demand for the safe-haven Japanese currency.

  • Euro edges up as investors eye crucial ECB meeting Monday, 19 Jan 2015 | 2:51 PM ET

    The European Central Bank could take its boldest steps yet to revive the euro zone's moribund economy.

  • Fallout from the Swiss franc shocker: Gartman Friday, 16 Jan 2015 | 5:13 PM ET
    An employee counts a stack of multiple denomination Swiss franc bank notes in this arranged photograph inside a currency exchange store in London on Jan. 16, 2015.

    Dennis Gartman, along with Deutsche Bank's David Bianco, talk about who is hurt by the Swiss central bank's move.

  • LONDON, Jan 16- Sterling held near a seven-year high against a weakened euro on Friday as expectations grew that the European Central Bank would resort to further monetary easing next week. The SNB decision comes ahead of key event risks in the euro zone--the ECB decision and the snap Greek elections, "said Nawaz Ali, UK market analyst at Western Union.

  • Swiss franc soars after SNB drops cap on currency Thursday, 15 Jan 2015 | 2:51 PM ET

    Switzerland's franc soared by almost 30 percent in value against the euro after the Swiss National Bank abandoned its three-year old cap.

  • LONDON, Jan 15- Sterling hit a seven-year high against a battered euro on Thursday after the Swiss National Bank's shock decision to scrap its three-year-old cap on the franc's value against the euro left currency investors reeling. "A large buyer of the euro is now not buying any more," said Alvin Tan, a currency strategist at Societe Generale.

  • Swiss franc soars, stocks tank as euro peg scrapped Thursday, 15 Jan 2015 | 11:10 AM ET

    Switzerland's franc soared by almost 30 percent after the Swiss National Bank abandoned its cap against the euro.

  • Dollar falls vs yen on lackluster US retail sales Wednesday, 14 Jan 2015 | 8:39 AM ET

    The dollar fell against the yen following after newly released data showed retail sales fell 0.9 percent, its biggest drop since January 2014.

  • LONDON, Jan 14- Currency investors have begun to protect themselves against the risks to sterling posed by the most uncertain British election for decades, having learnt a tough lesson in the run-up to Scotland's independence referendum. Sterling fell sharply and volatility soared in the days preceding September's vote as investors belatedly woke up to the...

  • Sterling struggles after UK inflation drop Tuesday, 13 Jan 2015 | 7:16 AM ET

    Sterling fell towards an 18-month low against the dollar, after data showed British inflation at its lowest since 2000.

  • LONDON, Jan 13- Sterling fell towards an 18- month low against the dollar on Tuesday, after data showed British inflation at its lowest since 2000, bolstering expectations that the Bank of England will keep interest rates suppressed for longer. The euro fell below $1.1800, dragged down by expectations that the European Central Bank will launch a full-fledged...

  • 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.