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British Pound

South African rand was weaker ahead of data-filled week

by Anas Siddiqui
South African rand was weaker ahead of data-filled week

Reuters: The South African rand was weaker in early trade on Monday ahead of a week jam-packed with both local and global economic data releases. South African rand was weaker …

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Sterling close to 3-month high versus euro as markets bet on rate cuts

by Ron Morgan
Sterling close to 3-month high versus euro as markets bet on rate cuts

Reuters: Sterling close to 3-month high against the euro on Tuesday, as markets raised their bets on rate cuts by the European Central Bank, which widened their divergence with the …

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Dollar sank to new lows, headed for the biggest monthly drop in a year

by Anas Siddiqui
Dollar sank to new lows, headed for the biggest monthly drop in a year

Reuters: The U.S. dollar sank to its lowest in more than three months on Tuesday as investors continued to take the view that growth in the world’s largest economy is …

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Pound got a lift from rate outlook: Sunak heralds FDI boost

by Anas Siddiqui
Pound got a lift from rate outlook: Sunak heralds FDI boost

Reuters: The pound got a lift for a third day on Monday and was on track for its largest monthly rise versus the dollar in a year, largely a result …

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Pound Sterling rose as Dollar wobbles post-Thanksgiving buzz

by Anas Siddiqui
Pound Sterling rose as Dollar wobbles post-Thanksgiving buzz

Reuters: The pound Sterling rose on Friday nearing its highest in almost three months, lifted in part by a broad-based retreat in the dollar, but also by a rise in …

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Pound Sterling rose to two-month high ahead of interim budget

by Anas Siddiqui
Pound Sterling rose to two-month high ahead of interim budget

Reuters: Sterling rose to its highest in two months on Monday, as the prospect of steep rate cuts next year by the Federal Reserve dented the dollar, but the pound …

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Dollar licked its wounds ahead of Fed Chair Powell’s remarks

by Anas Siddiqui
Dollar licked its wounds ahead of Fed Chair Powell’s remarks

Reuters: The U.S. dollar licked its wounds and regained its footing on Wednesday and inched higher after a slew of Federal Reserve speakers left the door open to further rate …

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British bonds, stocks surge as BoE keeps rates on hold

by Anas Siddiqui
British bonds, stocks surge as BoE keeps rates on hold

Reuters: British bonds were on track for their best day in more than a month on Thursday and stocks jumped after the Bank of England held interest rates steady for …

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Pound edged up as grim data not as bad as euro zone survey

by Anas Siddiqui
Pound edged up as grim data not as bad as euro zone survey

Reuters: The pound edged up against the euro on Tuesday, shaking off data that showed the UK labour market lost more steam in August and business activity deteriorated this month …

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South African rand regained lost ground: Wall St. notches loss

by Anas Siddiqui
South African rand regained lost ground: Wall St. notches loss

Reuters: The South African rand regained lost ground on Friday against the U.S. dollar while global focus remained on conflict in the Middle East. South African rand regained lost ground …

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