Currencies
British Pound
LONDON, Sept 19- Sterling steadied above $1.35 on Tuesday, recovering some ground following a nearly 1 percent slide after Bank of England governor Mark Carney said interest rates rises in coming months would be limited and gradual. But it slid from its highest level since the Brexit result after Carney's comments on Monday, which some analysts said were aimed...
CNBC's Joumanna Bercetche reports on Bank of England Governor Mark Carney's latest speech at the IMF in Washington.
Viraj Patel, FX strategist at ING, and CNBC's Joumanna Bercetche discuss Bank of England Governor Mark Carney's latest speech.
The dollar weakened against a basket of currencies on Tuesday in advance of a Federal Reserve meeting.
LONDON, Sept 18- Sterling slid nearly 1 percent on Monday, retreating from its highest level since the Brexit vote, after Bank of England Governor Mark Carney said any coming interest rate rises would be limited and gradual. Speaking at the International Monetary Fund in Washington, Carney reiterated the central bank's message last week that record low...
The dollar weakened against a basket of currencies on Tuesday in advance of a Federal Reserve meeting.
LONDON, Sept 18- Sterling hit a 15- month high against the dollar on Monday before retreating a notch as investors wound back some of last week's bets on a Bank of England rate rise ahead of a speech by the central bank's governor Mark Carney. HSBC on Monday upped its year-end sterling forecast to $1.35 from $1.20 previously. After briefly touching $1.3618 on...
Patrick Armstrong, managing partner at Plurimi Investment Managers, speaks about potential monetary policy moves from the Bank of England.
The U.S. is fairly valued, but emerging markets in Asia have room to run, says Eric Robertsen, head of Global Macro Strategy and FX Research, Standard Chartered Bank.
SINGAPORE, Sept 18- The dollar held firm near a seven-week high versus the yen on Monday, supported by recent rises in U.S. yields, while sterling took a breather after surging last week on growing expectations that the Bank of England could raise interest rates soon. The dollar rose 0.3 percent to 111.19 yen, trading within sight of Friday's peak at 111.33 yen, the...
SINGAPORE, Sept 18- The dollar held firm near a seven-week high versus the yen on Monday, supported by recent rises in U.S. Treasury yields, while sterling stood tall, buoyed by growing expectations the Bank of England could raise interest rates soon. The dollar edged up 0.3 percent against the yen to 111.17 yen, trading within sight of Friday's peak at 111.33 yen, the...
CNBC's Bill Griffeth and Bob Pisani discuss the market at the end of trading.
*FTSE 100 down 0.4 pct. The FTSE 100 has struggled as sterling jumped after the Bank of England signalled on Thursday that it was likely to raise interest rates in the coming months. "It's looking a bit ominous for the FTSE," said Jasper Lawler, head of research at London Capital Group.
LONDON, Sept 15- Sterling hit its highest level since the result of the Brexit vote on Friday and was heading for its best week in almost nine years against a currency basket, as investors doubled down on bets the Bank of England would raise interest rates soon. By afternoon trade in London, the currency eased off its $1.3616 high to trade 1.5 percent up at $1.3588, and...
*Bitcoin tumbles as China to shut down all exchanges by end-Sept. LONDON, Sept 15- Shares and other risk assets barely moved and gold fell on Friday as traders paid little attention to the latest missile test by North Korea, shifting their focus to where and when interest rates will go up. London, Frankfurt and Paris were a shade lower and futures pointed to a steady...
LONDON, Sept 15- The prospect of British interest rates rising for the first time in 10 years grew on Friday when a Bank of England policymaker who had been its strongest advocate of ultra-low borrowing costs said rates might need to rise in the coming months. Vlieghe was the first MPC member to vote for a rate cut after Britain's shock referendum decision in June...
LONDON, Sept 15- Sterling hit its highest level since the results of the Brexit vote on Friday and was heading for its best week in almost 9 years on a trade-weighted basis, as traders bet the Bank of England would raise interest rates soon. Comments from BoE policymaker Gertjan Vlieghe echoed the central bank's signal this week that the first rate increase in a...
The dollar weakened against most major currencies on Friday, weighed down by an unexpected decline in U.S. retail sales last month.
*FTSE 100 down 0.4 pct. The FTSE 100 has struggled this week as sterling surged after the Bank of England signaled on Thursday that it was likely to raise interest rates in the coming months, with the currency burning past the $1.34 level. "It's looking a bit ominous for the FTSE," said Jasper Lawler, head of research at London Capital Group.
LONDON, Sept 15- Britain's pound hit a 14- month high against the dollar on Friday and was heading for its best week in more than eight years on a trade-weighted basis, as traders stacked up bets on a near-term interest rate rise from the Bank of England. Dominated lately by moves in the dollar and the euro, sterling drew renewed focus from investors this week: on...
