Trends - Sterling vs dollar - Business Recorder

Business & Finance

Sterling trades below 2-1/2 months high against euro

LONDON: Sterling traded just off 2-1/2 month highs hit against the euro earlier on Wednesday as eurozone surveys of...

Published 24 Jun, 2021 03:36am

Markets

Sterling trades below 2-1/2 month high against euro, eyes on BoE meeting

Inflation pressures faced by British firms hit record levels this month, and growth in the private sector cooled only slightly from an all-time high in May when coronavirus restrictions were lifted.

Published 23 Jun, 2021 06:04pm

Business & Finance

Sterling slips, hovering around $1.39

LONDON: Sterling slipped against a slightly stronger dollar on Tuesday as currency markets were driven by last ...

Published 23 Jun, 2021 04:26am

Markets

Dollar-driven sterling drops back below $1.39

The pound hit a two-month low of $1.37865 early on Monday, recovered later in the session, then dipped back down again on Tuesday.

Published 22 Jun, 2021 06:10pm

Business & Finance

Sterling rises against dollar, euro

LONDON: Sterling rose 0.9% against the dollar on Monday, re-emerging from an overnight fall to its lowest level...

Published 22 Jun, 2021 04:46am

Business & Finance

Sterling dips below $1.40

LONDON: Sterling fell below $1.40 against a strengthening dollar on Thursday after the US Federal Reserve surprised...

Published 18 Jun, 2021 04:16am

Business & Finance

Sterling ticks higher

LONDON: Sterling rose on Wednesday after data showed British inflation unexpectedly jumped above the Bank of...

Published 17 Jun, 2021 03:27am

Business & Finance

Sterling falls to one-month low against dollar

LONDON: The pound fell to a one-month low against the dollar on Tuesday in what analysts said was the breaking of a...

Published 16 Jun, 2021 03:39am

Business & Finance

Sterling takes British reopening delay in its stride

LONDON: Sterling was largely unmoved by Monday's news that Britain is set to delay the end of social distancing...

Published 15 Jun, 2021 03:30am

Markets

Sterling takes British reopening delay in its stride

Pound down 0.1% vs dlr and 0.2% vs euro in quiet session.
Reopening delay largely expected after rise in coronavirus case.

Published 14 Jun, 2021 05:33pm

Business & Finance

Sterling rises against dollar, euro

LONDON: Sterling reversed earlier losses to rise versus the dollar and euro on Thursday after data showed US ...

Published 11 Jun, 2021 03:41am

Sterling falls as EU-UK ’sausage war’ standoff continues

LONDON: The pound fell against the dollar on Wednesday, as Britain and the European Union failed to agree on...

Published 10 Jun, 2021 03:22am

Business & Finance

Sterling eases

LONDON: Sterling eased against a broadly stronger dollar on Tuesday, with no significant data releases on the...

Published 09 Jun, 2021 03:29am

Markets

Sterling eases vs dollar, UK reopening eyed

The pound has been trading in a consolidation pattern against the dollar for three weeks now, largely caught in the $1.41-$1.42 range.
Sterling was 0.2% lower to the dollar at $1.4148. Against the euro it was 0.2% lower at 86.10 pence.

Published 08 Jun, 2021 08:33pm

Markets

FX volatility falls to pre-pandemic lows as traders wait it out

FX volatility index falls to Feb 2020 levels.
Euro lower ahead of ECB meeting on Thursday.
Traders wait for policy cues before making new bets.
Sterling dips after recent run higher.

Published 08 Jun, 2021 05:16pm

Business & Finance

Sterling flat against dollar

LONDON: Sterling held flat against a resurgent US dollar on Monday, despite doubts as to whether Britain’s...

Published 08 Jun, 2021 04:09am

Business & Finance

Sterling slips against dollar

LONDON: The pound fell against the dollar on Thursday as data showing an increase in hiring by private employers in...

Published 04 Jun, 2021 05:06am

Markets

Sterling slips as dollar buoyed by strong jobs data

Sterling fell 0.43% to $1.4108 following the stronger than expected US private payrolls data, having touched a three-year high of $1.4250 earlier this week, not far off its post-Brexit peak of $1.4307 in April 2018.
The pound edged up 0.2% against the euro to 85.97 pence .

Published 03 Jun, 2021 09:07pm

Business & Finance

Sterling steadies at $1.41

LONDON: The pound edged higher against the dollar and steadied around $1.41 on Wednesday as investors weighed the...

Published 03 Jun, 2021 04:13am

Business & Finance

Sterling retreats from 3-year high

LONDON: The pound edged lower on Tuesday after touching a fresh three-year high versus the dollar as investors took...

Published 02 Jun, 2021 04:29am

Business & Finance

Sterling rises on BoE comments

LONDON: Sterling rose against the dollar on Thursday after a Bank of England policymaker said the central bank was...

Published 28 May, 2021 04:08am

Business & Finance

Sterling plummets against euro

LONDON: Britain’s pound edged down against the dollar and fell to its lowest against the euro since May 10 on...

Published 26 May, 2021 03:45am

Business & Finance

Sterling edges up against dollar

LONDON: Sterling edged up against the dollar on Thursday, trading above the $1.41 mark as analysts remained positive...

Updated 21 May, 2021 09:43am

Business & Finance

Sterling down against dollar

LONDON: Sterling turned slightly lower against a recovering dollar and hit its lowest in more than a week against ...

Updated 20 May, 2021 09:21am

Business & Finance

Sterling holds recent gains against dollar

LONDON: Sterling held on to recent gains against the dollar on Monday as Britain took a big step towards reopening...

Updated 18 May, 2021 09:33am

Markets

Sterling shoots up after big US jobs miss, UK election in focus

The pound rose 0.5% in minutes, to a one-week high of $1.3972 versus the dollar after data from the Labor Department showed US employers hired fewer workers than expected in April.
Pound was 0.6% higher at $1.3976 versus the weakening dollar. It was up 0.1% against the euro at 86.90 pence.

Published 07 May, 2021 08:06pm

Business & Finance

Sterling sags

LONDON: Sterling gave up earlier gains on Thursday, as the Bank of England predicted a sharper rebound in the ...

Updated 07 May, 2021 10:01am

Business & Finance

Sterling steadies against dollar

LONDON: Sterling ticked up against the dollar on Wednesday as a poll showed Scotland’s main pro-independence party...

Updated 06 May, 2021 10:15am

Markets

Sterling steady as markets eye 'super Thursday' status quo

The Scottish National Party (SNP) wants a majority in the devolved parliament to demand another referendum, although British Prime Minister Boris Johnson reiterated that he will not grant one.
Sterling ticked up during the session against both the euro and the dollar. At 1510 GMT it was up 0.17% at $1.3909 and rose 0.25% against the euro at 0.8629 pence.

Published 05 May, 2021 09:10pm

Markets

Sterling dips ahead of BoE meeting, Scottish elections

"Policy metrics will remain on hold with the need for on-going support maintained," said Stuart Cole, head macro economist at Equiti Capital.
The SNP has pledged to call for a second Scottish independence referendum, although permission to do so will need to be granted by the UK government in London.

Updated 04 May, 2021 08:41pm