By Yasin Ebrahim Investing.com – The pound held its gains against the dollar Monday after Bank of England Governor Andrew Bailey said inflation remained the main driver of monetary policy...
By Peter Nurse Investing.com - The U.S. dollar slipped lower in early European trade Friday and riskier currencies rallied on easing concerns about a global banking crisis. At 04:25 ET...
By Geoffrey Smith Investing.com -- The dollar was up in early trading as the market adjusted its view of the likely path for U.S. interest rates again in the wake of February's inflation...
By Peter Nurse Investing.com - The U.S. dollar slipped lower in early European trade Tuesday ahead of a testimony by Federal Reserve Chair Jerome Powell before U.S. Congress, while sterling...
By Scott Kanowsky Investing.com -- Primark-parent Associated British Foods PLC (LON:ABF) says it now expects sales to grow by more than a fifth in the first half as surprisingly strong...
By Peter Nurse Investing.com - The U.S. dollar slipped lower in early European trade Thursday, but remained near its recent highs after the minutes of the Federal Reserve's latest meeting...
By Peter Nurse Investing.com - The U.S. dollar edged lower in early European trade Wednesday, handing back some of the previous session’s gains as traders cautiously await the release...
(Bloomberg) -- The pound soared as traders upped bets on Bank of England rate hikes after British companies unexpectedly reported the first growth in seven months. Sterling rose as much as...
By Geoffrey Smith Investing.com -- The British economy is set to grow for the first time in six months in February, a closely-watched business survey indicated on Tuesday. The composite...
By Peter Nurse Investing.com - The U.S. dollar edged higher in early European trade Tuesday, retaining its recent strength as traders await more economic clues as to the resilience of the...
By Peter Nurse Investing.com - The U.S. dollar edged lower in early European trade Thursday, handing back some of the previous session’s gains after better-than-expected U.S. retail sales...
By Peter Nurse Investing.com - The U.S. dollar climbed higher in early European trade Wednesday after U.S. consumer inflation remained elevated in January, while sterling fell after a drop...
By Peter Nurse Investing.com - The U.S. dollar slipped lower in early European trade Tuesday, consolidating after recent gains ahead of a key speech from Fed Chair Jerome Powell, while the...
By Ambar Warrick Investing.com -- Gold prices inched higher on Friday after pulling back sharply from nine-month highs in the prior session as the dollar rebounded in anticipation of key...
By Ambar Warrick Investing.com-- Gold prices rose to a nine-month high on Thursday after rallying sharply in the prior session as the Federal Reserve’s commitment to keep raising interest...
By Ambar Warrick Investing.com-- The dollar tumbled to a nine-month low against a basket of currencies on Thursday, even after the Federal Reserve reiterated its commitment to keep hiking...
By Geoffrey Smith Investing.com -- The dollar was flat in early trading on Wednesday in Europe, with the markets becalmed ahead of the U.S. Federal Reserve's policy decision later. By 03:10...
By Geoffrey Smith Investing.com -- The dollar hit its highest level in a week in early trading in Europe on Tuesday, as markets worldwide dialed down their risk appetite ahead of some big...
By Geoffrey Smith Investing.com -- The dollar tested a new nine-month low in early trade in Europe on Tuesday as economic data from Japan and the U.K. strengthened the case for more...
By Peter Nurse Investing.com - The U.S. dollar edged lower in early European trade Thursday, continuing its recent selloff after weak U.S. economic data hinted at an upcoming recession,...
By Senad Karaahmetovic Investing.com -- EUR/USD price has had a strong couple of months. The major hit a 20-year low in September 2022 when it traded in the low 0.95s. EUR/USD has hit a...
By Scott Kanowsky Investing.com -- The U.S. dollar edged slightly lower on Thursday in reduced European trading, as the U.S. and Italy joined a list of countries to require COVID-19 testing...
By Peter Nurse Investing.com - The U.S. dollar slipped lower in early European trade Friday, handing back some of the previous session’s gains as traders attempt to gauge the Federal...
By Geoffrey Smith Investing.com -- The Bank of England raised its key interest by 50 basis points to a new 14-year high of 3.50%, its latest shot at trying to tame rampant inflation without...
By Geoffrey Smith Investing.com -- Global markets are struggling to accept the Federal Reserve's warning that it will raise interest rates above 5% next year. The dollar is nonetheless...
By Alessandro Albano Investing.com - Since its mid-September peak, the U.S. dollar has experienced a phase of depreciation due to easing inflation that could lead to a slowdown in the...
By Yasin Ebrahim Investing.com – The pound has racked up double-digit gains against the dollar since its trouncing in September, but it could struggle to take its momentum into 2023 as the...
By Geoffrey Smith Investing.com -- The U.K. government announced a £55 billion (£1 = $1.1845) package of tax increases and spending cuts on Thursday, in an effort to fill a yawning gap in...
By Geoffrey Smith Investing.com -- Shares in BAE Systems (LON:BAES), the U.K.'s largest defense contractor, rose 2.5% at the open on Tuesday in London as the company reported another strong...
By Geoffrey Smith Investing.com -- The U.K. economy shrank for the first time in six quarters in the three months through September, as Europe's energy crisis drove inflation to its highest...
By Geoffrey Smith Investing.com -- The Bank of England raised its key Bank rate by 75 basis points to 3.0%, its highest in 14 years, and warned that the U.K. economy may shrink for the next...
By Scott Kanowsky Investing.com -- Barclays PLC (LON:BARC) reported better-than-expected profit in the {{erl-282||third quarter, as the lender was boosted by strong performance in fixed...
By Yasin Ebrahim Investing.com -- The pound’s rebound since hitting an all-time low may soon run out of steam as the challenges facing new Prime Minister Rishi Sunak have deepened...
By Geoffrey Smith Investing.com -- Shares in Naked Wines (LON:WINEW) jumped 26% on Thursday as the struggling wine merchant said that its measures to stabilize the business are gaining...
By Senad Karaahmetovic Global growth expectations are near all-time lows, according to the latest Global Fund Manager Survey (FMS) conducted by Bank of America. Growth expectations are up...
By Geoffrey Smith Investing.com -- The pound fell and U.K. government bonds extended their rally on Friday after reports that Prime Minister Liz Truss will fire Kwasi Kwarteng as Chancellor...
By Peter Nurse Investing.com - The U.S. dollar traded in a tight range in early European trading Thursday ahead of the release of widely-watched U.S. inflation data, while sterling edged...
By Geoffrey Smith Investing.com -- The U.K. economy contracted in August, adding more pressure on to the government and Bank of England as they try to plot a way out of a looming...
By Ambar Warrick Investing.com-- The British pound rebounded in Asian trade on Wednesday after a report said that the Bank of England signaled to bankers it may extend its bond-buying...
By Geoffrey Smith Investing.com -- The dollar was broadly higher in early trading in Europe on Tuesday as the pound weakened amid fresh signs of trouble in the U.K. government bond...
By Geoffrey Smith Investing.com -- The dollar strengthened in early dealings in Europe on Monday, after Russia launched a barrage of missile attacks against Ukrainian cities including the...
By Geoffrey Smith Investing.com -- The dollar rose in early trade in Europe on Thursday, after a top Federal Reserve official warned that the U.S. central bank isn't close to ending its...
By Geoffrey Smith Investing.com -- The pound and U.K. government markets faltered on Tuesday after Chancellor of the Exchequer Kwasi Kwarteng insisted that he won't present a more detailed...
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