Trends - British pound - Business Recorder

Markets

Sterling erases post-BoE gains as Omicron weighs

LONDON: The British pound slipped to a three-day low on Monday, nearing $1.32 versus the greenback as a broad...

Published 20 Dec, 2021 01:36pm

Markets

Sterling edges down to near 2021 low versus dollar

The British pound inched down on Friday to within striking distance of its 2021 low against the dollar, as the UK's...

Published 10 Dec, 2021 03:19pm

Business & Finance

US dollar net longs jump to highest since mid-June 2019

NEW YORK: Speculators’ net long positioning on the US dollar in the latest week soared to its highest level since...

Published 06 Dec, 2021 06:19am

Business & Finance

Sterling rises above 2021 lows as central bank eyed

LONDON: The British pound rose on Wednesday but held near a 2021 low versus the U.S. dollar as doubts grew on ...

Published 02 Dec, 2021 03:57am

Business & Finance

Sterling hits fresh 2021 low versus dollar

LONDON: The British pound hit a fresh 11-month low against the dollar on Wednesday as expectations for a rate hike...

Published 25 Nov, 2021 03:53am

Business & Finance

Dollar rebounds from post-Fed dip

NEW YORK: The dollar rebounded on Thursday from a dip after the US Federal Reserve repeated it saw high inflation as...

Published 05 Nov, 2021 04:39am

Markets

Dollar climbs as inflation builds case for higher rates

NEW YORK: The dollar index continued to rebound from prior-day losses on Friday after US government bond yields rose...

Published 30 Oct, 2021 12:16am

Markets

Dollar attracts safe-haven flows, soars versus yen

NEW YORK: The dollar rose on Monday as surging energy prices prompted investors to seek safe havens, with the...

Updated 12 Oct, 2021 12:49am

Markets

Sterling knocked lower as soaring energy prices boost dollar

LONDON: The British pound dropped half a percent against the dollar on Wednesday as a further surge in energy prices...

Updated 06 Oct, 2021 01:48pm

Business & Finance

Sterling steady

LONDON: The British pound held steady against the dollar and edged higher against the euro on Monday with risk...

Published 17 Aug, 2021 04:42am

Print

Pakistan's reserves likely to increase by $2.8bn

ISLAMABAD: The Board of Governors of the International Monetary Fund (IMF) has approved a general allocation of...

Updated 04 Aug, 2021 09:55am

Business & Finance

Speculators cut bearish dollar bets to lowest since April

NEW YORK: US dollar net shorts fell to their lowest value since late April, according to calculations by Reuters and...

Published 12 Jul, 2021 05:26am

Business & Finance

Dollar rises broadly in Europe

LONDON: The US dollar was on track for its biggest single day gain in seven trading sessions on Tuesday as...

Published 30 Jun, 2021 03:54am

Business & Finance

Dollar strengthens in Europe

LONDON: The dollar strengthened on Friday and was on track for a weekly gain as investors waited for US inflation...

Published 29 May, 2021 03:59am

Business & Finance

Early trade in New York: Dollar index headed toward biggest weekly gain since April

NEW YORK: The dollar continued to rebound on Friday as traders tidied positions for month-end and new data largely...

Published 29 May, 2021 03:59am

Markets

Dollar index headed toward biggest weekly gain since April

Dollar index continues rise from 4-1/2 month lows.
Dollar reaches seven-week high of 110 yen.
Euro and sterling fall vs dollar.
Yuan steady near 6.37 to dollar.

Published 28 May, 2021 08:44pm

Markets

Dollar index steady as markets seek clues to interest rate moves

Dollar index steady ahead of Friday inflation data.
Sterling gets lift on comments on rate hike timing.
Chinese yuan rally holds.

Published 27 May, 2021 08:10pm

Markets

Dollar drifts lower as Fed speakers soothe inflation fears

Ahead on Tuesday is a German business survey, a series of US housing updates and a handful of policymaker speeches in Europe, Britain and the United States, which will all be parsed for a reading on inflation.

Published 25 May, 2021 11:06am

Business & Finance

Sterling rises above $1.42

LONDON: Dollar weakness saw the British pound rise to a three-month high on Tuesday, crossing the key $1.42 level,...

Published 19 May, 2021 06:00am

Business & Finance

Dollar struggles in Europe

LONDON: The dollar held at 2-1/2 month lows on Monday as a weak US employment report spurred investors to unwind...

Updated 11 May, 2021 10:13am

Business & Finance

Early trade in New York: Dollar languishes at 10-week lows after weak jobs report

NEW YORK: The dollar held at 2-1/2 month lows on Monday as a weak US employment report spurred investors to ditch ...

Updated 11 May, 2021 10:12am

Markets

Dollar licks wounds after payrolls shock, focus turns to inflation

"Musk is probably happy to jump on the joke of what is a meme(coin), but investors are probably feeling real pain now," said Justin d'Anethan, Hong Kong-based head of Exchange Sales at Diginex, a digital asset exchange.

Published 10 May, 2021 11:20am

Markets

Exchange rates: buying and selling

KARACHI: Exchange rates issued by the Treasury Management Division of National Bank of Pakistan on Friday (April 30,...

Published 01 May, 2021 03:28am

Markets

Exchange rates: buying and selling

KARACHI: Exchange rates issued by the Treasury Management Division of National Bank of Pakistan on Friday (April 23,...

Published 24 Apr, 2021 03:21am

Markets

Dollar steadies near seven-week lows as interest rates hold

Dollar firms after dipping to lowest since March 3.
Euro strengthens.
British pound tests $1.40, then eases.

Published 20 Apr, 2021 08:20pm

Markets

Exchange rates: buying and selling

KARACHI: Exchange rates issued by the Treasury Management Division of National Bank of Pakistan on Friday (April 16,...

Published 17 Apr, 2021 03:28am

Markets

Exchange rates: buying and selling

KARACHI: Exchange rates issued by the Treasury Management Division of National Bank of Pakistan on Tuesday (April ...

Published 14 Apr, 2021 03:21am

Business & Finance

Sterling falls

LONDON: The British pound held near a two-month low against the dollar and nursed losses against the euro on Tuesday...

Updated 14 Apr, 2021 10:11am

Markets

Pound licks wounds as Haldane exit signals dovish tilt

While the reaction in currency markets was muted, with the pound holding close to the day's lows against its main rivals, Haldane's exit is widely seen as a departure of one of the more hawkish figures at the central bank.
Against the dollar, the British currency was down 0.1% at $1.3692, having touched its lowest since Feb. 5 at $1.3670 in the previous session.

Published 13 Apr, 2021 08:23pm

Markets

Exchange rates: buying and selling

KARACHI: Exchange rates issued by the Treasury Management Division of National Bank of Pakistan

Published 03 Apr, 2021 03:41am