Pound rocked by tough-talking Fed ahead of BoE decision LONDON: Sterling inched higher on Thursday as it recovered some of its steep losses suffered late on Wednesday when... Published 19 Dec, 2024 02:15pm
Business & Finance Sterling falls after shock contraction in UK GDP LONDON: The pound fell on Friday after data showed the British economy shrank unexpectedly in October, which could... Published 16 Dec, 2024 06:08am
Business & Finance Dollar heads for strongest week in a month NEW YORK: The dollar headed for its best weekly performance in a month on Friday, as investors priced in the... Published 14 Dec, 2024 06:46am
Markets Sterling falls after UK GDP unexpectedly contracts in October LONDON: The pound fell on Friday after data showed the British economy shrank unexpectedly in October, which could... Published 13 Dec, 2024 02:12pm
Markets Sterling rises towards highest in over 2-1/2 years versus euro Sterling rose against the euro towards its highest level in over 2-1/2 years as investors expect the European... Published 10 Dec, 2024 03:55pm
Business & Finance Sterling falls to 6-month low LONDON: The pound tumbled on Friday after data showed British business output in November shrank for the first time... Published 25 Nov, 2024 06:15am
Business & Finance Sterling heads for worst weekly performance since Jan LONDON: The pound headed for its biggest weekly loss since January on Friday, under pressure from weak UK economic... Published 18 Nov, 2024 02:54am
Business & Finance Sterling close to 2-1/2-year high LONDON: Sterling was within striking distance of its highest level in more than 2-1/2 years against the euro on... Published 11 Nov, 2024 06:03am
Markets Sterling traders race to hedge risk ahead of UK budget, US election LONDON: Sterling traders rushed to hedge against big price moves on Wednesday, with just hours to go before Labour... Published 30 Oct, 2024 01:26pm
Markets Sterling steady ahead of UK budget, set for first monthly fall since Sept 2023 LONDON: The pound held steady on Tuesday, while sterling options rose to their highest since the start of the month,... Published 29 Oct, 2024 02:48pm
Business & Finance Sterling pinned near one month low after GDP data LONDON: The pound was pinned around a one month low on the dollar on Friday, getting little support from data that... Published 14 Oct, 2024 06:24am
Markets Sterling hovers near one-month low ahead of US inflation print LONDON: The pound was flat on Thursday, hovering near its lowest level against the dollar in a month, as traders... Published 10 Oct, 2024 01:37pm
Business & Finance Sterling ticks up against dollar LONDON: The British pound gained ground against the dollar and the euro on Friday after a steep plunge a day earlier... Published 07 Oct, 2024 06:48am
Business & Finance Dollar pauses near six-week high ahead of US jobs data LODNON: The dollar hovered near a six-week high on Friday ahead of crucial jobs data that could dictate the path of... Published 05 Oct, 2024 06:43am
Markets Dollar hits one-month peak to yen as Fed seen taking time with rate cuts TOKYO: The dollar rose to a one-month high versus the yen on Thursday as robustness in the US jobs market backed the... Published 03 Oct, 2024 10:14am
Markets Dollar firm as war widens in Middle East SYDNEY: The dollar held its sharpest gain in a week on Wednesday after an Iranian missile attack on Israel drove... Published 02 Oct, 2024 10:03am
Business & Finance Sterling rises vs dollar LONDON: Sterling edged up against the dollar and the euro on Friday, as strong UK retail sale data provided an extra... Published 23 Sep, 2024 06:45am
Markets Sterling rises vs dollar after Fed; BoE in focus Sterling rose against a weakening dollar after the Federal Reserve cut interest rates by 50 basis points, with... Published 19 Sep, 2024 01:18pm
Markets Currencies listless as markets waffle over Fed rate cut SINGAPORE: The yen lounged around its highest levels for the year on Monday in trading thinned by a holiday in... Published 16 Sep, 2024 10:23am
Markets Dollar firm as inflation data douse bets for big Fed rate cut TOKYO: The dollar traded near a four-week high versus the euro on Thursday after signs of some stickiness in US... Published 12 Sep, 2024 09:54am
Markets Sterling edges up versus dollar and euro after UK data Sterling edged up versus the dollar and the euro on Tuesday after UK labour data supported the view that the British... Published 10 Sep, 2024 02:35pm
Markets Sterling hits one-month high vs euro after German, Spanish inflation data Sterling hit a one-month high versus the euro after inflation data from Germany and Spain led investors to increase... Published 29 Aug, 2024 03:29pm
Business & Finance Sterling climbs to highest since March 2022 against dollar LONDON: Sterling climbed to a more than two-year high on the dollar on Friday, on recent signs of strength in the UK... Published 26 Aug, 2024 07:01am
Markets Dollar doldrums deepen on dovish Fed tone before Jackson TOKYO: The dollar traded near the lowest in more than a year against the euro and sterling on Thursday as a dovish... Published 22 Aug, 2024 09:49am
Business & Finance Sterling climbs to 3-week high LONDON: Sterling touched a three-week high on Friday as retail sales data added to signs of positive momentum in the... Published 19 Aug, 2024 03:20am
Markets Sterling dips after tame inflation data Sterling dipped on Wednesday after a softer-than-expected reading on British consumer price inflation supported... Published 14 Aug, 2024 01:11pm
Markets Sterling pauses as traders await key UK economic data LONDON: Sterling firmed slightly on Monday after four straight weeks of declines versus the dollar, as traders... Published 12 Aug, 2024 03:15pm
Business & Finance Sterling on track for 4-week of decline versus dollar LONDON: The British pound steadied against the dollar on Friday but was set for its fourth consecutive week of... Published 12 Aug, 2024 06:36am
Markets Sterling options volatility hits highest in a year ahead of BoE LONDON: Sterling options volatility exploded to its highest in almost a year on Wednesday, reflecting the degree of... Published 31 Jul, 2024 12:24pm
Business & Finance Yen weakens before BOJ rate decision NEW YORK: The Japanese yen weakened on Tuesday before the Bank of Japan’s decision on whether to hike rates while... Published 31 Jul, 2024 06:50am