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EURGBP - Sterling falls on U.S.-China escalation, erasing gains from BoE meeting
Sterling resumed its role as a risk-driven currency on Friday, falling against the dollar as global market sentiment turned sour after an escalation of U.S.-China tensions. By Elizabeth Howcroft ...
FTSE 100 LIVE: Interest rates kept at 0.1% - savers warned negative rates still an option
THE Bank of England has announced interest rates are to remain unchanged at 0.1 percent today in its latest monetary policy.
FOREX-Dollar edges up after hitting 2-year low; jobs data in focus
The dollar index, which measures the currency against a basket of currencies, reached a two-year low of 92.495 overnight. The dollar index initially pared gains on Thursday but was mostly choppy ...
FOREX-Dollar strengthens, bounces around after jobless claims
The dollar rose on Thursday, bouncing back from recent weakness after U.S. data showed fewer Americans sought jobless benefits last week. The dollar index briefly pared gains before gaining ground ...
Medium-Term UK Fundamental Concerns Will Persist, Credit Suisse Waiting For Better Levels To Sell Sterling
According to Credit Suisse, there are still reasons to expect further Bank of England easing which will contribute to Pound Sterling vulnerability, especially given twin deficits. Given the risk of ...