Sterling benefits from dollar weakness but hurdles loom
LONDON (Reuters) – Sterling advanced on Tuesday thanks to a deepening dollar rout though concerns of a second wave of virus infections and [...]
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Sterling slips, erasing recent gains; short positions increase
LONDON (Reuters) – The pound fell against a stronger dollar on Monday, but held steady against the euro, as investors weighed the government’s [...]
Sterling hovers around $1.30; Brexit and economic outlook keep investors bearish
LONDON (Reuters) – Sterling rose against both the dollar and the euro on Thursday, testing the key $1.30 level, but Brexit-related risks and [...]
Sterling rises as dollar weakens, approaching pre-COVID levels
LONDON (Reuters) – Sterling benefited on Wednesday as the dollar weakened over concerns about the impact of the coronavirus pandemic, but was flat [...]
Sterling, lifted by weaker dollar, stays comfortably above $1.28
LONDON (Reuters) – Lacking any significant drivers of its own, sterling was pushed up by a broadly weaker U.S. dollar on Monday, as [...]
Sterling edges lower on no-deal Brexit reports, gloomy economic prospects
LONDON (Reuters) – The British pound fell on Wednesday on growing concern that the Brexit transition period will end without a deal between [...]
Bullish markets lift pound to six-week high, look past economy woes
LONDON (Reuters) – The pound rallied for the third straight session on Tuesday, touching a six-week high above $1.27 as market optimism over [...]
Pound erases losses as U.S. data boosts risk appetite
* Graphic: World FX rates in 2020 tmsnrt.rs/2egbfVh * Graphic: Trade-weighted sterling since Brexit vote tmsnrt.rs/2hwV9Hv LONDON, July 16 – The British pound [...]
UPDATE 1-Pound slips to two-week low vs euro on disappointing growth data
* Graphic: World FX rates in 2020 tmsnrt.rs/2egbfVh * Graphic: Trade-weighted sterling since Brexit vote tmsnrt.rs/2hwV9Hv (Updates throughout, changes quote, adds chart) By [...]
UPDATE 1-Sterling eyes 200-day moving average at $1.27 as risk sentiment improves
* Graphic: World FX rates in 2020 tmsnrt.rs/2egbfVh * Graphic: Trade-weighted sterling since Brexit vote tmsnrt.rs/2hwV9Hv (Updates prices and adds fresh comment) By [...]