Sterling pushed back over 1.10 in trading yesterday as data revealed a pick-up in UK realised sales dulling concerns over the health of the British economy.
The pound continued to recover last week's losses as the UK CBI realised …
Further doubts over the dollar's reserve status stoked selling in the US currency yesterday, enabling the pound to recover some of Friday's heavy losses.
The greenback lost ground broadly after an article stated that the People's Bank of …
The single currency slipped back from multi-month highs against the dollar following positive US housing data, with the pair closing the week at 1.5006.
The US dollar found support after a report showed that US existing-home sales improved more …
Sterling capped its five-day upward trend against the dollar, falling back from a one-month high of $1.6487 as weak economic data supported the haven currency.
In early trading, sterling held steady against the dollar after UK public finances showed …
The US currency snapped a four-day losing streak against the euro, rising from a 14-month low, as investors cautioned their risk activity following further corporate earnings reports.
The dollar strengthened as Bank of America earnings fell short of expectations, …
Sterling extended sharp gains against the dollar, as traders cut short pound positions after many reckoned earlier bets against the currency were overdone.
Sterling found support following further upbeat comments from a BoE member concerning the quantitative easing programme. …