United States Dollar: Sterling remains high against the Greenback despite Posen's comments. UK Construction PMI started the data releases yesterday for both sides of the pond and came in d...
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Sterling dipped against the dollar on Friday after stronger-than-expected U.S. employment data dented expectations of further monetary stimulus from the Federal Reserve, boosting the U.S. currency....read more
Sterling dipped against the dollar on Friday after stronger-than-expected U.S. employment data dented expectations of further monetary stimulus from the Federal Reserve, boosting the U.S. currency....read more
Sterling approached a 2-1/2 month high versus the dollar on Friday, boosted by stronger-than-expected data from the UK's dominant services sector that helped ease concerns the economy could slip into recession....read more
Sterling approached a 2-1/2 month high versus the dollar on Friday, boosted by stronger-than-expected data from the UK's dominant services sector that helped ease concerns the economy could slip into recession....read more
Sterling was steady within sight of a two-and-a-half month high against the dollar on Friday, with expectations of decent services sector data later in the session offset by bets the Bank of England will announce further monetary easing next week....read more
Sterling was steady within sight of a two-and-a-half month high against the dollar on Friday, with expectations of decent services sector data later in the session offset by bets the Bank of England will announce further monetary easing next week....read more
The euro erased earlier gains against the U.S....read more
The dollar pared losses against the euro on Wednesday after the U.S. Federal Reserve took the historic step of setting an inflation target. The 2 percent target moves the Fed in line with many of the world's other major central banks....read more
Sterling fell against the dollar on Wednesday, pressured by worse-than-expected gross domestic product data showing the UK economy contracted and signs that the Bank of England is preparing for another round of quantitative easing....read more
Sterling hit a two-week high against the dollar on Monday as tentative hopes for a Greek debt deal put broad pressure on the U.S. currency, although speculation about further quantitative easing by the central bank limited sterling gains....read more
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