Trichet firm on price stability

Fri, 31 Mar 06 15:00 pm

Jean Claude Trichet, president of the European Central Bank (ECB), said he remains committed to price stability in a speech at an Institute of International Finance meeting.

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Euro climbs as dollar falls

Thu, 30 Mar 06 15:00 pm

The euro gained this afternoon, as expected strengthening of the dollar in light of encouraging interest rate minutes failed to materialise.

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Fed raises interest rates

Wed, 29 Mar 06 15:00 pm

The US Federal Reserve has decided to raise interest rates again, as the dollar strengthened on the news.

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Sterling steady ahead of company data

Mon, 27 Mar 06 15:00 pm

The pound stayed steady this week ahead of a wide range of company results expected out this week.

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Sterling climbs on positive MPC minutes

Fri, 24 Mar 06 15:00 pm

The pound has continued to climb slowly today, with observers growing in confidence that the interest rate will be left on hold in the short-term.

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Pound takes in Budget implications

Thu, 23 Mar 06 15:00 pm

The pound was little changed by Gordon Brown's tenth Budget, as the currency markets steadied.

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Brown: Inflation is on target

Wed, 22 Mar 06 15:00 pm

The pound was steady ahead of a big day in the UK, as chancellor Gordon Brown prepared to announce details of his Budget.

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Rate hint lifts dollar

Tue, 21 Mar 06 15:00 pm

The dollar was up this morning on the back of comments by the recently-installed chairman of the US Federal Reserve Bank, Ben Bernanke.

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Sterling steady ahead of Budget bonanza

Mon, 20 Mar 06 15:00 pm

The pound was steady ahead of a frenetic week, which will see a raft of crucial economic data released.

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Dollar down on inflation data as FTSE soars

Fri, 17 Mar 06 15:00 pm

The dollar dipped on Friday as new inflation figures from the US indicated that interest rate rises could be coming to an end.

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Jobless figures pressure pound

Thu, 16 Mar 06 15:00 pm

The pound was knocked off course by the news that the number of unemployed people in the UK rose during the three months to January.

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Dollar dips on deficit warning

Tue, 14 Mar 06 15:00 pm

The dollar slipped early this morning as the market reacted to warnings from US Federal Reserve chairman Ben Bernanke about the growing budget deficit.

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Buoyant John Laing kicks off week of results

Mon, 13 Mar 06 15:00 pm

Engineering group John Laing got a week of important company results underway this morning with an upbeat announcement on its 2005 performance.

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Dollar gains ahead of jobs info

Fri, 10 Mar 06 15:00 pm

The dollar gained ahead of data on the US jobs market today, with expectations growing of positive feedback.

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MPC keeps rates on hold

Thu, 09 Mar 06 15:00 pm

News that the Bank of England's monetary policy committee (MPC) had voted to keep the interest rate on hold saw sterling steady this afternoon.

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Euro up following rate speculation

Wed, 08 Mar 06 15:00 pm

The euro rose against the dollar on Wednesday following speculation that interest rates may soon be on the rise again.

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Dollar gains as rate rise expectations grow

Tue, 07 Mar 06 15:00 pm

The dollar enjoyed a strong start this morning, amid growing expectations that the Federal Reserve will continue to raise interest rates.

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HSBC bonanza results begin brisk business week

Mon, 06 Mar 06 15:00 pm

This week began with some of the UK's big financial firms issuing their results, as sterling steered a strong course early on.

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Dollar encouraged by service sector figures

Fri, 03 Mar 06 15:00 pm

The dollar built on encouraging figures from the service sector in the US this afternoon.

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Euro steady following rate rise

Thu, 02 Mar 06 15:00 pm

The euro remained steady against the dollar this afternoon following a European Central Bank (ECB) announcement of a rise in interest rates.

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Dollar unmoved by inflation news

Wed, 01 Mar 06 15:00 pm

The dollar fell slightly this afternoon as inflation data from the US proved in line with expectations.

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