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British Pound

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  • LONDON, June 18- The dollar held its gains on Wednesday after a broad firming on the back of higher-than-expected U.S. consumer prices for May that has fanned speculation that the Federal Reserve may inch closer towards hiking interest rates. In the European session, the focus will be on the minutes from the Bank of England's last policy meeting.

  • Aussie falls after RBA minutes, pound pauses Tuesday, 17 Jun 2014 | 5:50 AM ET

    The Australian dollar fell more than half a percent against the U.S. dollar on Tuesday after the RBA expressed economic recovery doubts.

  • Sterling pauses after jump past $1.70 Monday, 16 Jun 2014 | 11:28 AM ET

    *Break above $1.70 is first since August 2009. LONDON, June 16- Britain's pound struggled to build on two days of gains on Monday, having topped $1.70 for the first time since August 2009 in early trade, in a market in part waiting for a Federal Reserve meeting later this week.

  • Yen lifted by Iraq safe-haven bids; euro tame Monday, 16 Jun 2014 | 9:26 AM ET

    The dollar dipped versus the yen, although potentially decisive events such as the Federal Reserve meeting midweek limited movements.

  • Carney effect prods sterling above $1.70 Monday, 16 Jun 2014 | 7:54 AM ET

    *Breaks above $1.70 for first time since August 2009. LONDON, June 16- Britain's pound topped $1.70 for the first time since August 2009 on Monday, adding to gains made since the head of the Bank of England surprised markets last week by hinting that interest rates could rise this year.

  • Sterling hits 5-year high above $1.70 Monday, 16 Jun 2014 | 5:07 AM ET

    *Breaks above $1.70 for first time since August 2009. LONDON, June 16- Sterling topped $1.70 for the first time since August 2009 on Monday, adding to gains from last week after a surprise U-turn by the head of the Bank of England that pointed to the prospect of higher interest rates this year.

  • BoE will hike interest rates in November: Pro     Friday, 13 Jun 2014 | 11:00 AM ET

    Valentin Marinov, director of FX strategy at Citi, says the Bank of England will raise interest rates in November, though better data out of the U.K. could bring the hike forward.

  • Dollar edges up vs yen, sterling drives higher Friday, 13 Jun 2014 | 9:19 AM ET

    The dollar was up around a third of a percent against the yen as markets listened to the Bank of Japan's latest comments on policy on Friday.

  • LONDON, June 13- Investors priced in a rise in UK interest rates as soon as year-end on Friday, sending sterling to five-year highs and hitting property stocks, after the Bank of England chief said rates could rise sooner than markets expected.

  • *Iraq fighting, weak US data hit risk appetite, buoy yen. LONDON, June 13- Sterling surged on Friday after the Bank of England hinted at an interest rate rise this year, while escalating violence in Iraq drove oil to a nine-month high and dampened equity markets.

  • Sterling nears 5-year high – time to sell? Friday, 13 Jun 2014 | 5:07 AM ET

    The U.K.'s pound has roared higher as Mark Carney, the governor of the Bank of England, surprised markets.

  • LONDON, June 13- Sterling neared five-year highs against the dollar on Friday and UK stocks fell after the Bank of England chief warned interest rates could rise sooner than markets expected.

  • FOREX-Dollar edges up vs yen, sterling drives higher Friday, 13 Jun 2014 | 3:47 AM ET

    LONDON, June 13- The dollar was up around a third of a percent against the yen as markets listened to the Bank of Japan's latest comments on policy on Friday while sterling soared on the back of a surprise hint from the Bank of England that interest rates could rise this year.

  • Carney trying to 'get ahead of the game'?     Friday, 13 Jun 2014 | 1:00 AM ET

    Simon Derrick, chief currency strategist at BNY Mellon, says the cost of living crisis has been "the number one issue" for the U.K. economy and discusses the Bank of England's guidance.

  • Dollar slips after weak U.S. retail sales and jobs data Thursday, 12 Jun 2014 | 4:46 AM ET

    Retail sales missed expectations, and state unemployment benefits claims climbed higher than expected.

  • High-yielding currencies soar at euro's expense Wednesday, 11 Jun 2014 | 11:10 AM ET

    The euro neared a four-month low versus the dollar and a 1-1/2 year trough against sterling on Wednesday.

  • LONDON, June 11- The euro hovered near a four-month low versus the dollar and hit a 1-1/ 2 year trough against sterling on Wednesday, with the single currency under pressure due to a widening yield gap between euro zone bonds and their major peers.

  • UK economy is 'on fire': Pro     Wednesday, 11 Jun 2014 | 4:30 AM ET

    Marvin Barth, head of foreign exchange research for Europe at Barclays, discusses the U.K. economy and the strength in sterling.

  • LONDON, June 11- The euro hovered near a four-month low versus the dollar and a 1-1/ 2 year trough against sterling on Wednesday, with the single currency under pressure due to a widening yield gap between euro zone bonds and their major peers.

  • Dollar gains on euro; yen resurgent on safety bids Tuesday, 10 Jun 2014 | 3:57 PM ET

    The dollar extended gains against the euro, amid expectations that the Federal Reserve could raise rates sooner than expected.