Posts Tagged ‘sterling’

Dollar Strengthens on U.S. Data; Sterling Overvalued

by Forex Rooton October 10, 2014 12:42 pm BST
Dollar rose against 14 of its 16 major peers and advanced for a second day, retracing its decline since minutes of the Federal Reserve’s most recent meeting showed policy makers are concerned the U.S. may be at risk from a worldwide slowdown. The dollar lost 0.1 percent to 107.75 yen, extending its weekly decline to […]

Sterling Rises Before The Scottish Referendum Tomorrow

by Forex Rooton September 17, 2014 7:21 pm BST
sterling inched up to $1.6295, a day ahead of the Scottish referendum and staying well above a 10-month low of $1.6051 struck last week. It has bounced from those lows after most polls showed those intending to vote to stay in the union were slightly ahead. Nevertheless, the vote was too close to call, leading […]

Sterling Rises As Scotland Vote Concern Ebbs; New Zealand’s Dollar slides

by Forex Rooton September 11, 2014 3:10 pm BST
The sterling advanced as the poll by Survation for the Daily Record newspaper in Glasgow put the No lead at six percentage points when excluding undecided voters, with 47 percent support for the Yes campaign and 53 percent opposed to independence. The results followed a survey by YouGov Plc last weekend that put the Yes […]

EURGBP Advanced as BOE Minutes Show Unanimity; GBPUSD Little Changed

by Forex Rooton July 23, 2014 10:29 am BST
Sterling traded at 78.85 pence per euro at 9:44 a.m. London time after appreciating as much as 0.2 percent to 78.74 pence, the strongest level since August 2012. Sterling was at $1.7074 after rising to $1.7192 on July 15, the highest since October 2008. Sterling erased an advance that sent it to the strongest level […]