Trends - Pound - Business Recorder

Pound

Pound rides risk rebound, erases week's losses vs. dollar

The best performing "G10" currency on the day, sterling was up 0.4% at $1.3763 by 1400 GMT.

Published 22 Jul, 2021 10:10pm

Markets

Asian markets extend global retreat over Delta fears

Investors have been rattled in recent weeks by data showing the highly transmissible virus surging across the world, forcing some governments to reimpose containment measures

Published 20 Jul, 2021 10:21am

Markets

Pound drops on anxiety over impending end to UK COVID curbs

Versus the euro too it slipped 0.3% at 85.6 pence, edging off 3-1/2-month highs touched on Wednesday.

Updated 15 Jul, 2021 02:10pm

Markets

Pound extends fall after US inflation data lifts dollar

The currency flatlined against the euro at 85.46 pence .
Jeremy Stretch, head of G10 FX strategy at CIBC Capital Markets, said sterling had reacted to "the negative references in the BoE FSR press conference".

Published 13 Jul, 2021 07:10pm

Markets

Dollar set for best month since March, payrolls test looms

Sterling traded flat at $1.3832

Published 30 Jun, 2021 03:10pm

Business & Finance

BoE keeps low rate, sees 'temporary' inflation spike

LONDON: The Bank of England on Thursday kept its main interest rate at a record-low level, but warned inflation ...

Published 25 Jun, 2021 04:20am

Markets

Dollar-driven sterling drops back below $1.39

The pound hit a two-month low of $1.37865 early on Monday, recovered later in the session, then dipped back down again on Tuesday.

Published 22 Jun, 2021 06:10pm

Markets

Sterling edges up after falling overnight below $1.38

Currency markets are fully pricing in a 30 basis point hike in rates by the BoE by December 2022.

Published 21 Jun, 2021 02:03pm

Business & Finance

Lebanon currency hits new low

BEIRUT: Lebanon’s currency hit a new low against the dollar on the black market Monday, continuing its freefall in...

Published 15 Jun, 2021 03:30am

Business & Finance

Early trade in New York: Dollar index gains, euro and pound fall

NEW YORK: The euro and sterling dipped against the dollar on Friday as investors bet interest rates would stay lower...

Published 12 Jun, 2021 05:04am

Business & Finance

Pound erases week’s losses

LONDON: Britain’s pound gained against the dollar on Friday and erased its losses against the greenback on the ...

Published 05 Jun, 2021 04:08am

Business & Finance

Sterling slips against dollar

LONDON: The pound fell against the dollar on Thursday as data showing an increase in hiring by private employers in...

Published 04 Jun, 2021 05:06am

Markets

Oil, pound rally on recovery optimism, equities mixed ahead of US jobs

On currency markets, the pound hit a more than three-year high as Britain's vaccine rollout continues and the country announced just one coronavirus-related death Monday, the lowest since the pandemic began.

Published 01 Jun, 2021 10:44am

Business & Finance

Sterling slips

LONDON: The pound slipped versus a stronger dollar on Friday but was still on track for weekly gains versus both...

Published 22 May, 2021 04:05am

Business & Finance

Sterling surges above $1.41

LONDON: The pound rose to as high as $1.4158 on Monday, its strongest in more than two months, fuelled by a mix of...

Updated 11 May, 2021 10:13am

Markets

Dollar struggles after weak US jobs report; pound hits $1.41

The dollar index broadly flat on the day, after dipping as low as 90.128 for the first time since Feb. 26 earlier in the session.

Published 10 May, 2021 05:05pm

Markets

Sterling strengthens further, passing $1.41

The pound was up 0.8% on the day at $1.40970, having crossed the key $1.40 level for the first time since February during the Asian session, and risen above $1.41 during the European morning session.

Published 10 May, 2021 04:59pm

Business & Finance

Sterling edges up

LONDON: The pound edged up slightly against the euro on Thursday but was broadly flat against the dollar, having ...

Updated 30 Apr, 2021 10:30am

Business & Finance

Sterling steadies

LONDON: Sterling steadied after a weaker start on Tuesday, lacking momentum as investors waited for more concrete...

Updated 28 Apr, 2021 10:04am

Business & Finance

Syria raises exchange rate to attract capital inflows

AMMAN: Syria has raised its official exchange rate for banks to help attract foreign transfers away from the black...

Updated 16 Apr, 2021 09:53am

Markets

Dollar at two-week low after U.S. weekly jobless claims rise unexpectedly

The U.S. currency - which appreciated this year, helped in part by a rally in U.S. Treasury yields - has come under pressure in recent sessions as yields have retreated.

Updated 09 Apr, 2021 09:19am

Markets

Wall Street inches up, Treasury yields pare losses after Fed minutes

All three major U.S. stock indexes gained some ground and the S&P 500 and the Dow were last in positive territory, with economically-sensitive small caps and transports lagging.

Updated 08 Apr, 2021 09:06am

Markets

Dollar looks for next catalyst as economic data keep bulls in control

The greenback posted its best quarter against major currencies in almost three years in January-March thanks to an improving U.S. economy and rising Treasury yields.

Published 05 Apr, 2021 11:13am

Markets

Dollar bides time before services data after labour market rebound

"The dollar's upward trend is very strong. In the new quarter perhaps the best thing for investors to do is to just follow this trend."

Published 05 Apr, 2021 08:38am

Markets

Sterling steadies below $1.38

Expectations that Britain's economy will reopen quickly after its rapid vaccine rollout lifted sterling to $1.42 in February, at the time making it the best performing G10 currency.

Published 30 Mar, 2021 02:31am

Markets

Raw sugar dips to three-month low, coffee also weakens

Brazilian brokers said producers in the world's largest grower were again active sellers in the market after the country's currency weakened to the lowest level in 20 days.

Published 30 Mar, 2021 01:03am

Markets

Sterling steadies after two consecutive days of losses

The pound has lost over 1% against the dollar this week, as the EU, which is lagging Britain and the United States in rolling out vaccines, considers the measure.

Published 25 Mar, 2021 11:52pm

Markets

Weaker pound, defensive stocks boost FTSE 100; AstraZeneca rises

The domestically focused mid-cap FTSE 250 index gained 0.2pc, supported by tech and bank stocks.

Updated 23 Mar, 2021 05:10pm

Markets

Bank of England charts path between Covid and inflation

The UK economy slumped 2.9 percent in January from December, after the imposition of England's third lockdown.

Updated 18 Mar, 2021 04:07pm

Business & Finance

Sterling strengthens

LONDON: The pound rose on Monday and positioning data showed speculators were the most bullish on the currency in...

Updated 09 Mar, 2021 09:36am

Gainers
Losers
Leaders

Stock	Price
Nazir Cotton / Jul 26 Nazir Cotton Mills Limited(NCML)	8.79 ▲ 0.89 (11.27%)
A. Shah Ghazi / Jul 26 Abdullah Shah Ghazi Sugar Mills Limited(AGSML)	10.58 ▲ 1.00 (10.44%)
Ghazi Fab. / Jul 26 Ghazi Fabrics International Limited(GFIL)	10.60 ▲ 1.00 (10.42%)
First UDL Mod. / Jul 26 First UDL Modaraba(FUDLM)	10.61 ▲ 1.00 (10.41%)
Ist Paramount / Jul 26 First Paramount Modaraba(FPRM)	5.33 ▲ 0.48 (9.90%)
First Tri-Star Mod. / Jul 26 First Tri-Star Modaraba(FTSM)	11.75 ▲ 1.00 (9.30%)
J.A.Textile / Jul 26 J.A. Textile Mills Limited(JATM)	12.88 ▲ 1.00 (8.42%)
Orient Rental Mod / Jul 26 Orient Rental Modaraba(ORM)	7.74 ▲ 0.59 (8.25%)
First AL-Noor Mod. / Jul 26 First Al-Noor Modaraba(FANM)	3.50 ▲ 0.25 (7.69%)
Arpak Int. / Jul 26 Arpak International Investments Ltd.(ARPAK)	70.12 ▲ 4.89 (7.50%)

Stock	Price
Habib Metro Mod / Jul 26 Habib Metro Modaraba(HMM)	7.10 ▲ -0.95 (-11.80%)
First Credit & Inv. / Jul 26 First Credit and Investment Bank Limited(FCIBL)	8.00 ▲ -1.00 (-11.11%)
Sui Northern / Jul 26 Sui Northern Gas Pipelines Limited(SNGP)	51.18 ▲ -5.07 (-9.01%)
PICIC Insurance / Jul 26 PICIC Insurance Limited(PIL)	1.65 ▲ -0.15 (-8.33%)
Quetta Textile / Jul 26 Quetta Textile Mills Limited(QUET)	11.03 ▲ -0.97 (-8.08%)
Shield Corp. / Jul 26 Shield Corporation Limited(SCL)	392.20 ▲ -31.80 (-7.50%)
Apna Microfin.Bank / Jul 26 Apna Microfinance Bank Limited(AMBL)	16.32 ▲ -1.32 (-7.48%)
Ashfaq Textile / Jul 26 Ashfaq Textile Mills Limited(ASHT)	23.30 ▲ -1.88 (-7.47%)
Wah-Noble / Jul 26 Wah Noble Chemicals Limited(WAHN)	310.00 ▲ -25.00 (-7.46%)
JS Global / Jul 26 JS Global Capital Limited(JSGCL)	110.17 ▲ -8.33 (-7.03%)

Stock	Volume
Worldcall / Jul 26 Worldcall Telecom Limited(WTL)	127,125,000 ▼ 0.00
Telecard Ltd. / Jul 26 Telecard Limited(TELE)	44,860,000 ▼ 0.00
TPL Corp / Jul 26 TPL Corp Limited(TPL)	17,361,000 ▼ 0.00
Al Shaheer Corp. / Jul 26 Al Shaheer Corporation Limited(ASC)	16,436,500 ▼ 0.00
Byco Petroleum / Jul 26 Byco Petroleum Pakistan Limited(BYCO)	13,198,000 ▼ 0.00
Nimir Resins / Jul 26 Nimir Resins Limited(NRSL)	9,194,000 ▼ 0.00
TRG Pakistan / Jul 26 TRG Pakistan Limited(TRG)	8,492,086 ▼ 0.00
Waves Singer / Jul 26 Waves Singer Pakistan Limited(WAVES)	8,289,000 ▼ 0.00
Pace (Pakistan) / Jul 26 Pace (Pakistan) Limited(PACE)	7,413,000 ▼ 0.00
Silkbank / Jul 26 Silkbank Limited(SILK)	7,108,000 ▼ 0.00

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jul 24	161.50
USD PKR Interbank Buying / Jul 24	161.40
USD to Japanese Yen / Jul 24	110.55
USD to Swiss Franc / Jul 24	0.92
Pound Sterling to USD / Jul 24	1.37
Euro to USD / Jul 24	1.18
UK LIBOR % / Jul 24	0.08

Stock	Volume
S&P 500 / Jul 24	4411.79
India Sensex / Jul 24	52975.80
Tokyo Nikkei / Jul 24	27548.00
Nasdaq / Jul 24	14836.99
Hang Seng / Jul 24	27321.98
FTSE 100 / Jul 24	7027.58
Dow Jones / Jul 24	35061.55
Germany DAX 30 / Jul 24	15669.29
France CAC40 / Jul 24	6568.32

Item	Value
Crude Oil / Jul 24	72.07
Karachi Cotton Assoc. / Jul 24	12880.00
Gold 10 Grams / Jul 24	93620.00
Gold Spot / Jul 24	1805.90
Cotton / Jul 24	89.66

Pound

Pound rides risk rebound, erases week's losses vs. dollar

Asian markets extend global retreat over Delta fears

Pound drops on anxiety over impending end to UK COVID curbs

Pound extends fall after US inflation data lifts dollar

Dollar set for best month since March, payrolls test looms

BoE keeps low rate, sees 'temporary' inflation spike

Dollar-driven sterling drops back below $1.39

Sterling edges up after falling overnight below $1.38

Lebanon currency hits new low

Early trade in New York: Dollar index gains, euro and pound fall

Pound erases week’s losses

Sterling slips against dollar

Oil, pound rally on recovery optimism, equities mixed ahead of US jobs

Sterling slips

Sterling surges above $1.41

Dollar struggles after weak US jobs report; pound hits $1.41

Sterling strengthens further, passing $1.41

Sterling edges up

Sterling steadies

Syria raises exchange rate to attract capital inflows

Dollar at two-week low after U.S. weekly jobless claims rise unexpectedly

Wall Street inches up, Treasury yields pare losses after Fed minutes

Dollar looks for next catalyst as economic data keep bulls in control

Dollar bides time before services data after labour market rebound

Sterling steadies below $1.38

Raw sugar dips to three-month low, coffee also weakens

Sterling steadies after two consecutive days of losses

Weaker pound, defensive stocks boost FTSE 100; AstraZeneca rises

Bank of England charts path between Covid and inflation

Sterling strengthens

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