Trends - British pound - Business Recorder

Markets

Dollar slides to one-month low as Lagarde comments boost euro

NEW YORK: The U.S. dollar index hit a nearly one-month low on Tuesday after European Central Bank President...

Published 25 May, 2022 12:06am

Markets

Pound falls as UK inflation hits 40-year high

LONDON: Britain’s pound fell against the dollar on Wednesday, pulling away from almost two-week highs after data...

Published 18 May, 2022 08:40pm

Business & Finance

Sterling hits highest since May 5

LONDON: The British pound rose to its highest level since May 5 on Tuesday as strong labour market data reinforced...

Published 18 May, 2022 05:54am

Markets

Sterling steadies near June 2020 low

LONDON: The British pound was little changed on Tuesday, pausing after a slide to its lowest levels in nearly two...

Published 10 May, 2022 03:11pm

Markets

Sterling drops back towards 21-month lows before BoE decision

The British pound fell on Thursday against a rebounding dollar before a key policy announcement from the Bank of...

Published 05 May, 2022 01:20pm

Business & Finance

Sterling tumbles to 21-month low

LONDON: The British pound tumbled on Thursday to a 21-month low against a buoyant US dollar that also hit multi-year...

Published 29 Apr, 2022 05:43am

Markets

Sterling steadies near 21-month low against strong dollar

The British pound edged higher on Thursday but was still trading near a 21-month low against a buoyant U.S. dollar...

Published 28 Apr, 2022 01:53pm

Business & Finance

Sterling rebounds after four days of losses, overlooks PM’s woes

LONDON: The British pound climbed against a broadly weak dollar on Wednesday, unruffled by Prime Minister Boris...

Published 21 Apr, 2022 05:26am

Business & Finance

Pound at 5-week high vs struggling euro

LONDON: The British pound rose against the euro on Thursday as the single currency weakened after the European...

Published 15 Apr, 2022 05:29am

Business & Finance

Sterling holds steady near three-week low

LONDON: The British pound held near a three-week low versus the US dollar on Wednesday as latest comments by Fed...

Published 07 Apr, 2022 05:15am

Markets

Sterling slips as manufacturing growth falls to 13-month low

LONDON: The British pound edged lower against the US dollar on Friday and was on track for a weekly loss of around...

Published 01 Apr, 2022 02:07pm

Business & Finance

Sterling rises against dollar, falls versus euro

LONDON: The British pound rose against the dollar and fell against a strengthening euro on Tuesday after Ukrainian...

Published 30 Mar, 2022 06:08am

Business & Finance

Pound jumps to two-week high

LONDON: The British pound strengthened to a two-week high against the euro as it continued to retrace losses which...

Published 23 Mar, 2022 04:58am

Business & Finance

Sterling higher ahead of inflation data

LONDON: The British pound recovered against the dollar on Monday ahead of key domestic drivers for the currency,...

Published 22 Mar, 2022 05:21am

Business & Finance

Dollar edges lower as traders eye Fed, Russia-Ukraine talks

NEW YORK: The dollar edged lower against a basket of currencies on Monday, but held near a 21-month high hit last...

Updated 15 Mar, 2022 06:34am

Markets

Pound falls to 16-month low vs dollar ahead of BoE, Fed

LONDON: The British pound fell to a 16-month low against the US dollar on Monday, ahead of monetary policy updates...

Published 14 Mar, 2022 02:57pm

Business & Finance

Sterling rebounds as dollar rally goes into reverse

LONDON: The British pound rebounded against the U.S. dollar on Wednesday as a drop in oil prices and an upswing in...

Published 10 Mar, 2022 06:30am

Markets

Sterling edges higher versus dollar, flat versus euro

LONDON: The British pound edged higher against the US dollar on Tuesday but was little changed against the euro ...

Published 08 Mar, 2022 03:43pm

Business & Finance

Speculators’ net long bets on USD fall

NEW YORK: Speculators’ net long bets on the US dollar fell in the latest week, according to calculations by ...

Published 21 Feb, 2022 07:25am

Business & Finance

Sterling rises further ahead of expected BoE rate hike

LONDON: The British pound climbed on Wednesday for a fourth session in a row, reaching a 1-1/2-week high against the...

Published 03 Feb, 2022 04:02am

Markets

Sterling perched at 1-1/2 week highs before central bank vote

LONDON: The British pound climbed to a 1-1/2 week high on Wednesday before a Bank of England meeting on Thursday...

Published 02 Feb, 2022 03:30pm

Business & Finance

Sterling hits 18-day low

LONDON: The British pound fell on Monday, hitting its lowest in 18 days versus the US dollar, as investors sold...

Published 25 Jan, 2022 05:03am

Business & Finance

Sterling’s early gains fizzle as traders hedge bets ahead of BoE meeting

LONDON: The British pound’s early gains evaporated on Monday and it turned lower, away from a 2-1/2 month high, as...

Published 18 Jan, 2022 04:20am

Markets

Sterling heads back towards 2-1/2 month highs on rate appeal

LONDON: The British pound edged higher on Monday, nearing a 2-1/2 month high, as investors ramped up bets that the...

Published 17 Jan, 2022 03:46pm

Business & Finance

Sterling mixed after hitting new highs

LONDON: Sterling was mixed on Monday after hitting new highs against the euro and the dollar amid rate rise...

Published 11 Jan, 2022 06:33am

Business & Finance

Pound dips on dollar strength; UK service PMIs hit 10-month low

LONDON: The pound slipped versus the dollar and euro on Thursday, hurt by dollar gains after the Fed meeting ...

Published 07 Jan, 2022 06:22am

Business & Finance

Sterling nears 2-year high vs euro

LONDON: The pound approached two-year highs against the euro on Tuesday and hit a two-month high versus the dollar,...

Published 05 Jan, 2022 05:36am

Business & Finance

Pound lifted to 1-month high

LONDON: Sterling vaulted above $1.34 for the first time in a month on Thursday and also scaled a one-month high...

Published 24 Dec, 2021 05:43am

Business & Finance

Dollar firm but risk-sensitive currencies also rise

NEW YORK: The dollar edged higher against a basket of currencies on Thursday, but its gains were capped as easing...

Published 24 Dec, 2021 05:43am

Business & Finance

Dollar firm as risk-sensitive currencies advance

NEW YORK: The US dollar steadied on Tuesday, recovering after a bout of profit-taking in the previous session, but...

Published 22 Dec, 2021 06:13am