Sterling weakens after UK inflation data, dollar gains ahead of central bank decisions
NEW YORK/LONDON, Dec 17 : Sterling fell on Wednesday after an unexpected drop in UK inflation all but guaranteed the Bank of England would cut interest rates, while the dollar rose as markets awaited central bank decisions and weighed commentary from Federal Reserve officials.Sterling was set for the biggest
Dollar broadly firm as markets brace for central bank decisions
TOKYO, Dec 18 : The dollar held gains against its major counterparts on Thursday as markets positioned for central bank decisions in Britain, Europe and Japan.Sterling remained lower after an unexpected drop in UK inflation backed the case for a rate cut by the Bank of England. The yen trimmed losses from the
Sterling falls as UK inflation data signals BoE rate cut, dollar rises
NEW YORK/LONDON, Dec 17 : Sterling weakened on Wednesday after an unexpected drop in UK inflation all but guaranteed that the Bank of England would cut interest rates, while the dollar rose as traders awaited other central bank decisions and weighed commentary from Federal Reserve officials.Sterling was set f
Dollar holds gains against sterling, yen as central bank decisions loom
TOKYO, Dec 18 : The dollar held gains against its major counterparts on Thursday as markets positioned for central bank decisions in Britain, Europe and Japan.Sterling remained lower after an unexpected drop in UK inflation backed the case for a rate cut by the Bank of England.The yen trimmed losses fr
Sterling drops as inflation cements BoE cut expectations, dollar up before US inflation
LONDON, Dec 17 : Sterling fell on Wednesday after British inflation unexpectedly fell sharply, a day before the Bank of England is widely expected to cut interest rates. The dollar rose as traders waited for U.S. inflation data for clues on the Federal Reserve's next move.Sterling was set for its biggest one-
Sterling slides as inflation cements BoE cut expectations, dollar up before US inflation
LONDON, Dec 17 : Sterling slid on Wednesday after British inflation unexpectedly fell sharply, a day before the Bank of England is widely expected to cut interest rates. The dollar rose as traders waited for U.S. inflation data for clues on the Federal Reserve's next move.Sterling was set for its biggest one-
South Korea central bank sees upside inflation risk with a weaker won
SEOUL, Dec 17 : South Korea's central bank said on Wednesday headline inflation next year could exceed earlier forecasts if the won stays at its current level against the dollar."If the KRW/USD exchange rate continues to stay at the current high level of around 1,470 won throughout next year, the consumer pri
Pound Sterling Under Pressure Against Euro and Dollar After Big Fall in Inflation
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last updated on 18 Dec 06:59