The dollar was little changed against other major currencies on Friday as investors awaited the next developments in the U.S.-China trade saga.
LONDON, Aug 16- Sterling edged up from 14- month lows on Thursday but it gains were marginal despite strong British retail sales with the currency hamstrung by fears over Britain leaving the European Union. A strong dollar and a crescendo of fears that Britain will fail to secure an agreement before leaving the EU in March have weighed on the pound as hedge funds...
LONDON, Aug 16- Sterling languished near 14- month lows on Thursday, and strong British retail sales did little to support the currency hamstrung by fears about Britain leaving the European Union. A strong dollar and mounting fears that Britain will fail to secure an agreement before it leaves the EU in March have hurt the pound. Few saw a Bank of England interest...
LONDON, Aug 16- The pound edged up from near 14- month lows on Thursday ahead of retail sales data which few investors expect to reverse a downward trend in the currency driven by angst over Brexit. The pound is stuck in a downward trend because of " UK- specific risk premium capturing the obvious heightened no-deal Brexit risks and a global risk premium stemming...
LONDON, Aug 16- The pound edged up from near 14- month lows on Thursday ahead of retail sales data which few investors expect to reverse a downward trend in the currency driven by angst over Brexit. The pound is stuck in a downward trend because of " UK- specific risk premium capturing the obvious heightened no-deal Brexit risks and a global risk premium stemming...
The U.S. dollar eased off a 13-1/ 2 month peak on Thursday, while the Chinese yuan recovered from its weakest level since January 2017 on news China and the United States will hold a new round of trade talks later this month.
*UK inflation data, at 2.5 pct, as expected. Sterling has weakened sharply in August as traders grow increasingly worried that the UK will crash out of the European Union next year without a trade deal, and as the dollar has surged. "It's not just a question of Brexit, it's also a recognition that the UK economy has not been particularly strong," Aviva Investors head of...
*UK inflation data, at 2.5 pct, as expected. The British currency has weakened sharply in August as traders grow increasingly worried that the UK will crash out of the European Union next year without a trade deal arranged, and as the U.S. dollar has surged. "What is likely to be more concerning domestically is that inflation is once again outpacing wage growth, which...
The dollar ended little changed on Wednesday after reaching a 13- month peak against a basket of currencies as investors briefly added to their safe-haven holdings of the greenback on worries about slowing Chinese growth
LONDON, Aug 14- Sterling slid to a new 13- month low on Tuesday after a rebound in the dollar and as weaker-than-forecast wage growth offset an unexpected fall in Britain's unemployment rate. The Bank of England has said it wants to see rising wage growth pressures if it is to speed up its planned rate of monetary policy tightening. Sterling fell heavily last week,...
LONDON, Aug 14- Weaker-than-forecast wage growth offset an unexpected fall in Britain's unemployment rate on Tuesday, curbing sterling's recovery from last week's 13- month lows. Sterling rose as high as $1.2827, up from last week's low of $1.2723, after official data showed Britain's unemployment rate fell to its lowest since 1975 during the second quarter.
The euro fell on Tuesday, hitting 13- month lows against the dollar and Swiss franc, as traders fret over the exposure of European banks to Turkey, whose currency rebounded from an all-time low.
LONDON, Aug 13- The pound traded near 13- month lows on Monday, as investors bet on continued dollar strength and uncertainty over whether Britain would secure a trade deal with the European Union before it exits the bloc. Sterling lost almost two percent of its value last week because of growing unease among investors that Britain was headed for a future without...
LONDON, Aug 13- Having sunk to 13- month lows, sterling could fall by up to another 10 percent in the coming months should Britain crash out of the European Union without a deal on future trade ties, luring more speculators to bet against the currency. The latest move lower was kickstarted by trade minister Liam Fox's warning that, with Britain less than eight months...
LONDON, Aug 13- The pound languished near 13- month lows on Monday, as investors bet on continued dollar strength and uncertainty over whether Britain would secure a trade deal with the European Union before it exits the bloc. Sterling lost 2 percent of its value last week because of growing unease among investors that Britain was headed for a future where it...
The Euro rebounds above $1.14 after hitting 13- month low. NEW YORK, Aug 13- The fallout from the Turkish lira's plunge sent the euro to a new 13- month low and hammered emerging market
*FTSE 100 down 1 pct. *FTSE 100 and sterling correlation weakens: https://reut.rs/2OkPhOi. LONDON, Aug 10- Anxiety over emerging market assets sent Britain's FTSE 100 down on Friday as a currency crisis in Turkey deepened and Russia's rouble extended losses, dragging exposed stocks down.
*Dollar rally sends sterling to lowest since June 2017. LONDON, Aug 10- Sterling slid to its lowest level since June 2017 on Friday as a stronger dollar and continued concerns that Britain could leave the European Union without a trade deal pushed investors to sell pounds. Official data on Friday showing Britain's economy picked up some speed in the second...
*Dollar rally sends sterling to lowest since June 2017. LONDON, Aug 10- Sterling slid to its lowest level since June 2017 on Friday as a stronger dollar and continued concerns that Britain could leave the European Union without a trade deal pushed investors to sell pounds. Official data on Friday showing Britain's economy picked up some speed in the second...
*FTSE 100 down 0.7 pct. *FTSE 100 and sterling correlation weakens: https://reut.rs/2OkPhOi. LONDON, Aug 10- Anxiety over emerging market assets sent Britain's FTSE 100 tumbling on Friday as a currency crisis in Turkey deepened and Russia's rouble extended losses, dragging exposed stocks down.
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