Tag: pound

The U.S. dollar strengthened against several major currencies as markets came to a close on Friday. This comes as economists and investors continue to express concern over the lingering uncertainty pertaining to the banking sector. The dollar index rose 0.536% at 103.140, with the euro...

The British pound strengthened on Friday after the UK's economy was shown to have grown more than expected in January. The sterling was up 1.2% against the U.S. dollar at $1.2068; the biggest single-day jump since January 6. The euro was down 0.5% against...

The sterling gained ground against both the U.S dollar and the euro on Thursday as investors' focus remained firmly on the global economy and its effects on the U.S. Federal Reserve's upcoming interest rates decisions. At midday, the British pound was up 0.42% against the...

The sterling strengthened on Tuesday following the release of Britain's preliminary "flash" Purchasing Managers' Index. This data indicated a rise in British business activity, thereby indicating that the United Kingdom may be avoiding the effects of an impending deep recession. Jumping from a score of...

U.S. futures as well as the British pound declined as investors reflect on U.S. and U.K. interest rates and how they affect each country's economic outlooks going forward. S&P 500 futures fell 0.3% while those on the Nasdaq 100 declined by 0.4%. Futures on the...

The dollar continued to hover around a five-week high against a range of major currencies on Monday as investors expect the Federal Reserve to continue its tight monetary policy for longer than was previously expected. Among those currencies that the dollar performed notably well against...