Sterling set for weekly declines on dollar and euro, buffeted LONDON: Sterling was headed for weekly declines against the dollar and the euro on Friday after struggling amid a... Published 27 Oct, 2023 02:19pm
Markets Sterling weakens as soft data supports BoE rate view LONDON: The British pound extended the previous day’s losses on Wednesday after gloomy economic data affirmed the... Published 25 Oct, 2023 03:25pm
Markets Sterling waiting for inflation data, rebounds vs Swiss franc LONDON: The pound sat within its recent ranges against the euro and dollar on Monday, and rebounded against the... Published 16 Oct, 2023 04:30pm
Business & Finance Sterling steadies after US inflation surprise LONDON: The pound edged up on Friday, after posting its largest daily drop against the dollar the previous day since... Published 16 Oct, 2023 05:47am
Markets Dollar holds on to gains after firm US inflation; focus turns to China data TOKYO: The dollar remained firm on Friday, putting pressure across a basket of currencies as stronger-than-expected... Published 13 Oct, 2023 09:54am
Markets Sterling falls versus dollar but not far from 1-1/2 week high Sterling fell against a strengthening dollar on Monday but was still within striking distance of last week’s 1-1/2... Published 09 Oct, 2023 02:52pm
Business & Finance Sterling ticks higher as trader awaits US jobs data LONDON: Sterling ticked a fraction higher against the dollar on Friday ahead of key US jobs data, while traders... Published 09 Oct, 2023 06:24am
Markets Sterling falls to 6-1/2-month low versus dollar Sterling fell to a new 6-1/2-month low against the dollar on Tuesday on concerns about the economic outlook and... Published 03 Oct, 2023 01:49pm
Business & Finance Sterling slides further after Sept slump LONDON: The pound fell sharply on Monday, continuing a weak run that saw it drop 3.7% in September, its worst ... Published 03 Oct, 2023 06:02am
Markets Sterling on back foot again after September slump LONDON: The pound fell slightly on Monday, continuing a weak run that saw it drop 3.7% in September - its worst... Published 02 Oct, 2023 03:01pm
Markets Sterling hits fresh six-month low against dollar as BoE seen done with hikes LONDON: Sterling fell to a fresh six-month low against a strengthening dollar on Wednesday as markets are pricing in... Published 27 Sep, 2023 06:11pm
Markets Sterling nudges at March trough, a year on from ‘mini-budget’ record low LONDON: The pound fell for a fifth day on Tuesday as rising US bond yields supported the dollar, but is still up 18%... Published 26 Sep, 2023 04:42pm
Markets Sterling hits fresh multi-month lows on dollar and euro LONDON: The pound dipped to its lowest in six months against the dollar and its weakest in four months against the... Published 25 Sep, 2023 06:26pm
Markets Sterling dips after weaker-than-expected UK retail data LONDON: Sterling weakened against the dollar to a session low of $1.2269 after data showed retail sales in Britain... Published 22 Sep, 2023 12:21pm
Business & Finance Dollar advances on solid US data NEW YORK: The dollar gained on Thursday after earlier pushing the yen to a 10-month low, and kept the euro and... Published 08 Sep, 2023 06:01am
Markets Sterling hits 10-week low as rate hike expectations take a hit LONDON: The British pound dropped to a 10-week low on Friday as investors rein in expectations of where they think... Published 25 Aug, 2023 03:35pm
Markets Sterling rises as UK basic wage growth hits record high LONDON: Sterling rose on Tuesday after data showed British wages grew at a record pace in the second quarter, adding... Published 15 Aug, 2023 11:51am
Markets Sterling wobbles at two-week lows as traders cut bets on jumbo UK hike LONDON: The pound edged higher on Friday but hovered near two-week lows after a string of central bank decisions... Published 28 Jul, 2023 05:13pm
Markets Sterling rises after UK retail sales beat forecasts LONDON: The pound bounced on Friday after data showed UK consumer spending was stronger than expected in June, in... Published 21 Jul, 2023 01:49pm
Markets Sterling takes a beating; dollar gains ground SINGAPORE: Sterling was struggling to recover from a sharp fall on Thursday following UK inflation data that... Published 20 Jul, 2023 09:26am
Business & Finance Dollar gains as pound tumbles on cooling UK inflation NEW YORK: The US dollar bounced on Wednesday after inflation in the United Kingdom cooled more than economists... Published 20 Jul, 2023 03:12am
Business & Finance Dollar falls to three-week low vs yen NEW YORK: The dollar sank to a three-week low against the yen on Monday and slipped against other major currencies ... Published 11 Jul, 2023 06:08am
Markets Sterling edges lower as traders question BoE rate policies LONDON: Sterling edged lower on Wednesday as traders considered whether the British currency will be hurt by several... Published 05 Jul, 2023 02:12pm
Markets Sterling steadies as traders await business data later this week LONDON: Sterling steadied on Tuesday as traders waited for service sector data due on Wednesday and pondered whether... Published 04 Jul, 2023 03:17pm
Markets Sterling licks its wounds after previous day’s mauling LONDON: Sterling was struggling on Thursday to recover from a sharp tumble the day before, its biggest daily drop in... Published 29 Jun, 2023 03:46pm
Markets Sterling heads higher after Russia drama; yield appeal lures investors LONDON: The pound headed for its biggest daily gain against the dollar in two weeks on Tuesday, boosted by a modest... Published 27 Jun, 2023 02:41pm
Markets Sterling strengthens, BOE large rate hike looms large LONDON: Sterling strengthened a touch against the dollar and euro on Monday as traders grappled with the... Published 26 Jun, 2023 04:53pm
Markets Sterling clobbered as jumbo rate hike raises risk of recession LONDON: The pound fell on Friday, heading for its largest weekly loss in over a month on rising expectations the UK... Published 23 Jun, 2023 03:07pm
Markets Sterling ticks up as investors poised for BoE interest rate hike LONDON: The pound was up slightly against the dollar but held steady versus the euro on Thursday as investors bet on... Published 22 Jun, 2023 04:09pm
Markets Dollar slips as Powell’s testimony offers little surprise; sterling steady SINGAPORE: The dollar languished near a one-month low against a basket of currencies on Thursday, after Federal... Published 22 Jun, 2023 11:19am
Attachment of bank accounts of taxpayers: FBR orders sales tax/FED recovery only after approval by field committees