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Currencies British Pound

  • LONDON, Oct 5- Britain's pound skidded almost 1 percent against the dollar on Thursday in what looked likely to be its worst week for a year, as investors worried about a possible leadership battle at the top of the government. The pound fell to as low as $1.3121 against a dollar that was strengthening across the board, its weakest since Sept. 8. "What is happening today...

  • LONDON, Oct 5- The dollar settled just below a seven-week high on Thursday as investors consolidated positions though the economic outlook kept sterling and the Australian dollar under pressure. "The main reason we think theres a chance we will continue to see a dollar recovery is that the market is too soft when it comes to expectations," said Richard Falkenhall,...

  • LONDON, Oct 5- The dollar settled just below a seven-week high on Thursday as investors consolidated positions though the economic outlook kept sterling and the Australian dollar under pressure. "The main reason we think theres a chance we will continue to see a dollar recovery is that the market is too soft when it comes to expectations," said Richard Falkenhall,...

  • LONDON, Oct 5- The dollar settled just below a seven-week high on Thursday as investors consolidated positions though the economic outlook kept sterling and the Australian dollar under pressure. "The main reason we think theres a chance we will continue to see a dollar recovery is that the market is too soft when it comes to expectations," said Richard Falkenhall,...

  • LONDON, Oct 5- The dollar settled just below a seven-week high on Thursday as investors consolidated positions though the economic outlook kept sterling and the Australian dollar under pressure. "The main reason we think theres a chance we will continue to see a dollar recovery is that the market is too soft when it comes to expectations," said Richard Falkenhall,...

  • The U.S. dollar index rose to seven-week highs on Thursday as data pointed to solid U.S. growth.

  • LONDON, Oct 5- Britain's pound skidded half a percent to three-week lows against the dollar and euro on Thursday, as investors worried about Prime Minister Theresa May's ability to cling onto power after a poorly-received speech the previous day. May had wanted to use the annual Conservative party conference to pitch herself as the only person able to deliver...

  • LONDON, Oct 5- Britain's pound skidded half a percent to three-week lows against the dollar and euro on Thursday, as investors worried about Prime Minister Theresa May's ability to cling onto power after a poorly-received speech the previous day. May had wanted to use the annual Conservative party conference to pitch herself as the only person able to deliver...

  • While Britain's FTSE has enjoyed a modest rise so far this year, a jump in sterling to its highest level since the June 2016 referendum on European membership has put the brakes on further gains for its mostly big, dollar-earning constituent companies. Throw into the mix this year's underperformance of the heavyweight oil sector, which accounts for nearly a...

  • LONDON, Oct 4- Sterling rebounded on Wednesday from a three-week low as a survey of Britain's dominant services sector showed growth sped up unexpectedly last month, raising expectations the Bank of England will hike interest rates in November. Futures markets expect almost two rate increases over the next one year, a sharp turnaround from recent months after...

  • LONDON, Oct 4- Sterling held near the day's highs on Wednesday after a survey of Britain's dominant services sector showed growth sped up unexpectedly last month. "While the short-term risks to demand since the Brexit vote have not materialised in a serious way, the UK economy should be faring much better today on the back of the ongoing global upswing," said Kallum...

  • The dollar weakened ahead of Friday's highly anticipated jobs report, but pared losses on a strong non-manufacturing report.

  • Working with supplies as we try to mitigate inflation: Tesco CFO

    Tesco CFO Alan Stewart speaks about how his company is competing with German discount supermarkets Aldi and Lidl.

  • Japanese yen and U.S. dollar banknotes are arranged for a photograph in Tokyo, Japan, on Tuesday, Sept. 5, 2017.

    The dollar weakened slightly against the euro on Tuesday as investors squared positions after a three week greenback rally.

  • Euro Dollar

    The dollar gained against the euro and the yen on Monday as investors took a bullish view of the U.S. economy.

  • "Sterling has come off its highs with the current Tory Party conference the focus of investors," Morgan Stanley strategists wrote in a daily note saying the pound was a sell due to political risks and weak UK economic balance sheets. Apologising for losing her party's majority at a snap election in June, Prime Minister Theresa May said on Sunday she had the right...

  • Khoon Goh, head of Asia Research, ANZ Research says sterling has potential upside from a rate hike, but it is weighed down now by Brexit and politics in Europe.

  • The dollar was little changed on Friday after conflicting U.S. economic data, leaving it on course for its largest weekly rise this year.

  • *FTSE 100 up 0.6 pct. LONDON, Sept 29- Britain's FTSE edged up on Friday as sterling weakened on poor economic data but was set, unlike continental exchanges, for a monthly loss as the pound's recovery in September hit its dollar-earning constituents. Sterling fell half a percent after data showed GDP growth for the second quarter was revised downwards and the...

  • LONDON, Sept 28- Britain's pound climbed almost a cent against a weakening dollar on Thursday after Britain's Brexit secretary said "considerable progress" had been made in talks and the EU's chief negotiator praised a "new dynamic" from the prime minister. Sterling had earlier been trading down on the day, dipping to as low as $1.3344 after Bank of England...