Tag "GBP"

LONDON : Britain’s pound fell on Monday as concern rose that the country is heading for a “hard” Brexit from the European Union and its single market, a day before a speech by Prime Minister Theresa May on the government’s

Sterling slumped to three-month lows in thin Asian trade on Monday with investors again concerned by media reports that the British government is prepared to make a “hard” exit from the European Union. The pound sank 1.6 percent to as

The dollar inched up from a five-week low against the yen and steadied against the broader basket of currencies on Friday, while the markets brushed off softer-than-expected Chinese exports figures. The dollar last stood at 115.04 yen, up about 0.3

The dollar marked time in Asia on Monday after signs of wage pressure in the December U.S. jobs report proved enough to lift Treasury yields, but with bulls wary of a setback following last week’s wave of profit-taking.  A holiday

The dollar pulled back slightly on Wednesday after reaching a 14-year peak overnight as investors sold into the rally to book profits, with the market looking to consolidate before the highly anticipated U.S. jobs report due on Friday. The euro

The U.S. dollar held firm on Tuesday as the prospect of rising U.S. interest rates this year kept sentiment bullish, while a surprisingly upbeat reading on Chinese manufacturing gave the Aussie dollar a lift. A holiday in Japan made for

TOKYO : The euro jumped to its highest in three weeks in holiday-thinned Asian trade on Friday, but was on track for a losing year on expectations that U.S. President-elect Donald Trump’s policies will boost inflation and prompt the U.S.

The dollar slipped to a two-week low against the yen on Thursday, mirroring a fall in U.S. bond yields as weaker-than-expected economic data weighed on the greenback and waning risk appetite boosted Japan’s safe-haven currency. Japan’s Nikkei stock index  which

Expectations U.S. inflation and growth will outstrip the rest of the developed world’s prodded the dollar higher across the board on Wednesday, knocking half a cent off the euro and driving sterling to a two-month low. Further gains for the

The dollar inched higher against the yen and a handful of other major currencies in holiday-thinned trade on Tuesday, with sterling by far the biggest faller as concerns over next year’s Brexit negotiations continued to weigh heavily. Going into the