Weak UK data stings sterling, euro hits all-time high

Mon, 31 Mar 08 15:00 pm

Sterling slipped to a record low against the euro on Monday, extending its losing streak after figures showed that British house prices fell for the sixth straight month in March.

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UK housing data knocks pound to all-time low vs euro

Fri, 28 Mar 08 14:00 pm

The pound slid to an all-time low versus the euro and lost ground to the dollar on Friday as soft house price and consumer confidence data pointed to a UK economic slowdown.

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Sterling bounces vs broadly falling euro

Thu, 27 Mar 08 14:00 pm

Sterling rose against the euro on Thursday as the single European currency slid broadly, helping pull the pound away from a near record low hit the previous day.

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Sterling flat, eyes testimony from BoE King and colleagues

Wed, 26 Mar 08 14:00 pm

Sterling held steady against the dollar and euro on Wednesday, with dealers eyeing testimony to UK politicians from Bank of England Governor Mervyn King.

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Improved risk appetite props up pound vs dlr, yen

Tue, 25 Mar 08 14:00 pm

Sterling held above last week's 11-year lows on a trade weighted basis on Tuesday, as rallying stock markets boosted risk appetite among investors returning from a four-day Easter weekend.

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Pound gains, short stg retreats after retail sales data

Thu, 20 Mar 08 14:00 pm

The pound extended gains versus the euro and short sterling futures erased gains on Thursday after UK retail sales data came in stronger than expected.

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Sterling slides, rate futures up after BoE minutes

Wed, 19 Mar 08 14:00 pm

The pound fell to session lows versus the euro and the dollar on Wednesday, while UK rate futures ticked higher after Bank of England minutes showed that two of the nine policymakers favoured a rate cut this month.

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Sterling firms vs dlr after hefty losses; CPI eyed

Tue, 18 Mar 08 14:00 pm

Sterling firmed against the dollar on Tuesday, regaining poise after posting its biggest one-day percentage loss on a trade-weighted basis since September 1992 the previous day.

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Banking concerns push sterling to record low vs euro

Mon, 17 Mar 08 14:00 pm

The pound sank to a record trough versus the euro and to its lowest in around three years against the yen on Monday as the collapse of Bear Stearns intensified fears about the health of the UK financial sector.

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Sterling gains vs sickly dollar, flat vs buoyant euro

Fri, 14 Mar 08 14:00 pm

Sterling rose against the dollar on Thursday on a wave of dollar selling that pushed it to historic lows against many currencies on the view the Federal Reserve's recent actions to ease market strains won't work.

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Sterling gains vs sickly dollar, sails above $2.03

Thu, 13 Mar 08 14:00 pm

Sterling strengthened against the sickly dollar on Thursday, taking advantage of the growing sense in financial markets that the Federal Reserve's recent actions to ease credit market strains will not work.

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Sterling firms tentatively vs dlr; UK budget eyed

Wed, 12 Mar 08 14:00 pm

Sterling rose against a broadly weaker dollar on Wednesday, on expectations that the Federal Reserve's liquidity boosting measures will not fix economic problems in the U.S. and with focus turning to the UK budget.

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Soft housing data keeps sterling off 3-mth highs

Tue, 11 Mar 08 14:00 pm

Sterling retreated from three-month highs versus the dollar on Tuesday after a UK house price measure fell to its lowest since the market crashed in 1990, boosting the case for further interest rate cuts.

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Sterling holds above $2.01 vs ailing dlr, data eyed

Mon, 10 Mar 08 14:00 pm

Sterling held above $2.01 against the dollar on Monday, helped by a supportive monetary policy stance after the Bank of England left interest rates on hold last week.

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Sterling gains as rate differentials kick in

Fri, 07 Mar 08 15:00 pm

Sterling hit its strongest since mid December versus a struggling dollar rising well above the $2 mark on Friday after the Bank of England left rates on hold the previous session.

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Pound at all-time low vs euro as soft data weighs

Wed, 05 Mar 08 15:00 pm

The pound touched an all-time low against the euro on Wednesday as soft data reinforced the case for Bank of England rate cuts.

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Sterling recovers from record lows vs euro

Tue, 04 Mar 08 15:00 pm

Sterling recovered from record lows versus the euro on Tuesday, after euro zone policymakers voiced concern about the single currency's strength, while UK data pointed to an only gradual pace of monetary easing.

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Sterling erases losses after strong UK PMI data

Mon, 03 Mar 08 15:00 pm

Sterling erased earlier losses versus the euro and dollar on Monday after manufacturing PMI data came in higher than expected, slightly denting expectations for rate cuts from the Bank of England

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