CURRENCIES

THE US dollar edged lower against its rivals on Wednesday as investors weighed hopes for a swift economic recovery against fears about a resurgence in the pandemic, particularly in the United...

CURRENCIES

THE US dollar dropped to a three-month low amid speculation the US Federal Reserve would announce that it intends to keep a recent rise in bond yields in check.

[LONDON] The pound rose above US$1.27 and was set for its biggest weekly gain against the US dollar since the end of March on Friday, even though European Union and British negotiators said there...

CURRENCIES

THE pound pared an earlier rally after Bank of England (BOE) governor Andrew Bailey signalled that the institution could pump more cash into bond markets, perhaps as early as in June.

[LONDON] Sterling rallied on Tuesday with a broad rebound in risk markets encouraging some selling of the dollar, while traders awaited news on British Prime Minister Boris Johnson, who is stable...

[LONDON] The pound slumped more than four per cent against the US dollar on Wednesday, reaching a 35-year low, as traders eyed worsening fallout for the UK economy from the coronavirus pandemic....

[LONDON] Sterling tanked to five-month lows on Thursday, weighed down by worsening market turmoil after US President Donald Trump slapped restrictions on travel from Europe and European Central...

[LONDON] A new British banknote featuring a self-portrait by the 19th century painter J.M.W. Turner entered circulation on Thursday.

[LONDON] The pound rallied while gilts fell after Chancellor of the Exchequer Sajid Javid resigned, causing speculation the UK may move toward more fiscal stimulus.

[LONDON] With five trading days until Britain exits the European Union, investors are showing faith in UK assets.