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Topic

British currency

Sterling slips to one-month low versus dollar

Sterling slips to one-month low versus dollar

Published 15 Jun, 2021 05:42pm
  • Versus the euro, it was down 0.4% at 86.24 pence per euro .
  • "Sterling's bearish bias has been in place over the past week or so as it toyed with breaking below 1.41 against the dollar."
Sterling lifted by BoE comments on rate hike timing

Sterling lifted by BoE comments on rate hike timing

Published 28 May, 2021 12:16am
  • The British currency recovered from an overnight drop against the dollar that took it to a 10-day low, as the greenback's spike higher fizzled out by the start of European trading.
Sterling sidelined as dollar softens, euro plays catch-up

Sterling sidelined as dollar softens, euro plays catch-up

Updated 25 May, 2021 06:48pm
  • The pound's performance this year has been second only to the commodity-driven Canadian dollar among G10 currencies, buoyed by Britain's fast rollout of vaccines that sparked hopes of its economy reopening.
  • Traders said a lack of fresh economic data or other strong drivers meant the pound could not for now continue its recent march back to its high for the year of $1.4240, a level last reached in February.
Sterling sinks

Sterling sinks

Updated 08 Apr, 2021 09:06am
LONDON: Sterling sank on Wednesday as profit-taking by traders after a strong first quarter for the British currency...
Sterling sinks to 5-week low vs. euro, one-week low vs dollar

Sterling sinks to 5-week low vs. euro, one-week low vs dollar

Published 07 Apr, 2021 08:36pm
  • The pound fell on Tuesday, losing 0.6% against the dollar and over 1% against the euro - its worst day against the single currency in five weeks as investors took cash off the table.
  • Against the euro, it traded 0.7% lower to the euro at 86.50 pence, having hit a five-week low of 86.62 pence.
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