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Sterling

Sterling slips to one-month low versus dollar
Markets

Sterling slips to one-month low versus dollar

  • 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."
Published 15 Jun, 2021 05:42pm
Sterling eases
Business & Finance

Sterling eases

LONDON: Sterling eased against a broadly stronger dollar on Tuesday, with no significant data releases on the...
Published 09 Jun, 2021 03:29am
Sterling eases vs dollar, UK reopening eyed
Markets

Sterling eases vs dollar, UK reopening eyed

  • The pound has been trading in a consolidation pattern against the dollar for three weeks now, largely caught in the $1.41-$1.42 range.
  • Sterling was 0.2% lower to the dollar at $1.4148. Against the euro it was 0.2% lower at 86.10 pence.
Published 08 Jun, 2021 08:33pm
Sterling slips as dollar buoyed by strong jobs data
Markets

Sterling slips as dollar buoyed by strong jobs data

  • Sterling fell 0.43% to $1.4108 following the stronger than expected US private payrolls data, having touched a three-year high of $1.4250 earlier this week, not far off its post-Brexit peak of $1.4307 in April 2018.
  • The pound edged up 0.2% against the euro to 85.97 pence .
Published 03 Jun, 2021 09:07pm
Dollar holds gains as US manufacturing picks up, jobs data awaited
Markets

Dollar holds gains as US manufacturing picks up, jobs data awaited

  • The dollar index, which measures the greenback against six rivals, hovered just below 90 after dipping to as low as 89.662 on Tuesday and approaching the lowest since Jan. 7 at 89.533.
  • Sterling remained lower at $1.4135 after easing off a three-year high of $1.4250 reached on Tuesday.
Published 02 Jun, 2021 06:08pm
Sterling sidelined as dollar softens, euro plays catch-up
Markets

Sterling sidelined as dollar softens, euro plays catch-up

  • 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.
Updated 25 May, 2021 06:48pm