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
Markets Sterling seesaws as inflation data keeps heat on BoE LONDON: The pound seesawed on Wednesday, initially jumping after data showed UK inflation accelerated more than... Published 21 Jun, 2023 12:11pm
Business & Finance Yen sags to 15-year low vs euro after BOJ rate decision NEW YORK: The yen plunged to a 15-year low against the euro on Friday after the Bank of Japan (BOJ) kept its... Published 19 Jun, 2023 06:55am
Markets Sterling rises as UK side-steps recession, but red-hot inflation rattles traders LONDON: Sterling ticked higher versus the dollar on Wednesday after data showed Britain’s economy grew modestly in... Published 14 Jun, 2023 03:14pm
Markets Sterling steady as UK house prices post first yearly drop since 2012 LONDON: Sterling held steady on Wednesday after data showed the first annual drop in UK house prices in more than a... Published 07 Jun, 2023 02:30pm
Markets Pound heads for biggest weekly gain in six months LONDON: Sterling headed for its biggest one-week rally against the dollar in six months on Friday, as US interest... Published 02 Jun, 2023 02:19pm
Markets Sterling falls to two-month low as inflation pressures mount LONDON: The pound fell to its lowest level in almost two months on Thursday after an inflation report sowed doubts... Published 25 May, 2023 04:01pm
Markets Sterling heads for second weekly loss as dollar surges LONDON: The pound was heading for its second straight weekly fall against the dollar on Friday, weighed down by a... Published 19 May, 2023 03:40pm
Markets Sterling maintains losses after Bailey speech LONDON: The pound slipped against a strengthening dollar on Wednesday and maintained its losses after Bank of... Published 17 May, 2023 04:53pm
Markets Sterling falls as cracks appear in Britain’s job market LONDON: The pound fell on Tuesday, after data showed a rise in the UK unemployment rate, which could take some of... Published 16 May, 2023 01:11pm
Markets Sterling rises as eyes turn to Tuesday’s employment data LONDON: The pound rose on Monday, heading back towards multi-month highs against both the euro and the dollar, a day... Published 15 May, 2023 05:40pm
Markets Sterling trims drop after BoE hike, China’s data sends dollar higher LONDON: Sterling trimmed declines after the Bank of England raised interest rates for the 12th consecutive time,... Published 11 May, 2023 05:27pm
Markets Sterling hits one-year high as Bank of England decision nears LONDON: The pound rose to just shy of a one-year high against the dollar on Friday, and to a one-month high against... Published 05 May, 2023 03:08pm
Markets Sterling retreats in the face of red-hot inflation LONDON: The pound retreated on Thursday after data showed British inflation is proving far more persistent than... Published 20 Apr, 2023 02:19pm
Markets Dollar regains footing amid higher yields as Fed outlook weighed TOKYO: The dollar steadied on Wednesday after it seesawed with bond market volatility as investors scrutinised US... Published 19 Apr, 2023 09:54am