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STERLING FALLS TO LOW
For investors who focus on the long term: 5 mid-cap stocks from different sectors with upside potential up to 28%When prices fall, caution comes naturally. Investors hesitate, portfolios are reviewed less often, and even optimists become careful. But w...
Dollar jumps as Fed holds rates but projects one hike later this yearThe dollar strengthened as the Federal Reserve held interest rates steady but signaled a potential hike later this year, with policymakers ...
Dollar hits 10-day low as US, Iran reach peace dealThe US dollar weakened significantly on Monday. This happened after news of a peace deal between the United States and Iran emerged. Oil pr...
Dollar poised for largest weekly rise in two months as Fed hike bets increaseDollar surged to a two-month high, fueled by rising energy prices and shipping disruptions, intensifying inflation fears and boosting expec...
Global Markets: Stocks gain, oil and dollar retreat on hopes for US-Iran resolutionAsian stocks rose as the U.S. indicated ongoing dialogue with Iran for a deal, despite port blockades. Oil prices and the dollar declined a...
Dollar surges in Asia as war's safe-haven shelterThe US dollar is surging, becoming the strongest safe asset. War in the Middle East has sent oil prices soaring and other assets tumbling. ...
Dollar takes a breather, sterling waits on BoEThe dollar held steady near recent highs as riskier assets rebounded, while sterling remained subdued ahead of a Bank of England meeting. I...
Dollar dips from peaks, sterling squeezed ahead of BoEThe US dollar remains strong near recent peaks. Riskier assets like the Australian and New Zealand dollars saw gains. Investors anticipate ...
Dollar tracks global yields lower; sterling heavyThe dollar fell broadly on Wednesday as it tracked a global decline in bond yields, while sterling struggled to retain gains following dovi...
Wall Street fear lingers as UK steps in to calm bondsSterling, which hit record lows against the dollar on Monday, whipsawed in volatile trade, while gilt prices roared higher, fuelled by the ...
Rupee ends at record low of 81.62 as dollar scales new two-decade peakThe Reserve Bank of India is suspected to have sold dollars via state-run banks to avert a larger decline in the rupee.
Sterling plunges to all-time low as fiscal plan spurs investor exodusThe dollar added 0.29% to 143.78 yen, continuing its climb back toward Thursday's 24-year peak of 145.90. It tumbled to 140.31 that same da...
Pound plunges to new 1985 low under $1.10 after UK's tax cut packageIn afternoon deals, sterling slumped 2.7 percent to $1.0956, which was last seen in 1985 -- when it had struck an all-time low of $1.0520.
UK economy worries grow: Pound plummets to 37-year low against dollarUnited Kingdom’s pound falls to its weakest against the US dollar, further increasing problems for the country. The UK is to experience a w...
Pound falls to 37-year low as poor retail sales lift economic woesThe pound fell more than 1% against the dollar to 1.1351, its lowest since 1985, its fall accelerating once it passed through the then 37-y...
Sterling falls below $1.39, set for worst week since Sept 2020The pound dropped against a strengthening dollar on Thursday after the Fed surprised markets by signalling it would raise interest rates an...
Sterling recovers with global stocks, EU summit key to more gainsWage earnings due to be released Wednesday could see investors price in low rates for longer, with base effects likely to depress annual gr...
Oil drop plucks loonie; rupiah slips after Jakarta blastsThe Canadian dollar fell to its lowest level since April 2003 on Thursday, while the Indonesian rupiah slipped after militant attacks in Ja...
- Sterling weak, near 1-month low against euro
Sterling dipped to a one-month low against the euro on Monday, undermined by weak UK data and expectations of future action by the ECB.
- Exporters to UK feel the heat of falling British currency
Exporters who were getting Rs 84.6 against the pound a month ago, are now getting Rs 72.5, a level seen in September 2003.