Pound

Pound

Pound
BANKING & FINANCE NEWSLETTER
The British pound rebounded on Tuesday to hold above recent lows, although it remained vulnerable as traders still worry that Britain is headed for a no-deal Brexit. Sterling ...
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Sterling
BANKING & FINANCE NEWSLETTER
Sterling plunged to a 23-month low against the euro and near a 31-month low versus the dollar on Monday as fears of a disorderly Brexit grew. After the ...
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Sterling
BANKING & FINANCE NEWSLETTER
Sterling bounced back above $1.22 on Wednesday, enjoying a respite after four days of falls that took it to the lowest in 2-1/2 years earlier in the week. ...
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Dollar
BANKING & FINANCE NEWSLETTER
The dollar was virtually flat on Wednesday morning ahead of what is widely expected to be the Federal Reserve’s first interest rate cut since the 2008 recession. About ...
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Sterling
BANKING & FINANCE NEWSLETTER
Sterling tumbled towards $1.21 and tanked to a 2-1/2-year low against the yen on Tuesday as growing concerns about chances of a disorderly Brexit led investors to hedge ...
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Dollar
BANKING & FINANCE NEWSLETTER
The dollar held near a two-month high on Monday ahead of what is expected to be the first U.S. interest rate cut since the financial crisis, while the ...
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Sterling
BANKING & FINANCE NEWSLETTER
Sterling sunk more than 1% to a 28-month low on Monday, as more investors scrambled to factor in the growing risk of a no-deal Brexit and the chance ...
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Sterling
BANKING & FINANCE NEWSLETTER
The British pound weakened on Friday, weighed down by European Commission President Jean-Claude Juncker’s telling Britain’s new prime minister, Boris Johnson, that a deal agreed by his predecessor ...
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sterling
BANKING & FINANCE NEWSLETTER
The British sterling fell back towards six-month lows against the dollar and the euro on Monday, with traders still nervous about a loss of momentum in the UK ...
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Pound
BANKING & FINANCE NEWSLETTER
The pound was set for a record 10th week of consecutive losses against the euro on Friday as weak data and the growing possibility of interest rate cuts ...
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Dollar
BANKING & FINANCE NEWSLETTER
The dollar slipped to near a one-week low on Thursday after Federal Reserve Chair Jerome Powell’s bleak comments on the U.S. economy bolstered expectations of an interest rate ...
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Sterling
BANKING & FINANCE NEWSLETTER
Britain’s economic gloom and a fast-approaching Brexit deadline kept sterling near two-year lows on Wednesday, while diplomatic spats with the United States and China highlighted the country’s troubled ...
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Dollar
BANKING & FINANCE NEWSLETTER
The dollar edged up to a three-week high against a basket of currencies on Tuesday as traders await clues in Federal Reserve Chairman Jerome Powell’s testimony before Congress ...
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Sterling
BANKING & FINANCE NEWSLETTER
The British sterling fell towards its lowest levels in more than two years on Tuesday against the backdrop of a worsening economic outlook and rising fears about a ...
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Dollar
BANKING & FINANCE NEWSLETTER
The dollar held near three-week highs on Monday, keeping its gains after last week’s strong U.S. jobs data lowered expectations for a sharp Federal Reserve interest rate cut. ...
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Sterling
BANKING & FINANCE NEWSLETTER
Sterling hovered near a six-month low against the dollar on Monday as investors continued to bet on lower British interest rates and added to their short positions on ...
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Sterling
BANKING & FINANCE NEWSLETTER
The British sterling hit a six-month low on Friday, having lost more than 1% over the week against the dollar after poor economic data and a rise in ...
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Sterling
BANKING & FINANCE NEWSLETTER
Sterling held near two-week lows on Thursday after weak economic data and a global drop in government bond yields raised expectations that the Bank of England’s next policy ...
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Pound
BANKING & FINANCE NEWSLETTER
Sterling edged back towards five-month lows on Wednesday after the top contender to replace Prime Minister Theresa May reaffirmed his desire to take Britain out of the European ...
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Pound
BANKING & FINANCE NEWSLETTER
Dollar weakness allowed the pound to briefly scale a one-month high on Tuesday, though the risk of no-deal Brexit stemming from the Conservative Party leadership contest kept the ...
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