Pound
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Asia stocks up with dollar, sterling suffers on Brexit day
EghtesadOnline: Asian shares inched ahead on Wednesday while the dollar and commodities held gains as investors shook off disappointment about U.S. President Donald Trump's failed healthcare…
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Sterling slips as Brexit talks get green light, stocks advance before Fed
EghtesadOnline: Sterling slipped on Tuesday after Britain's parliament paved the way for Prime Minister Theresa May to launch divorce talks with the European Union, while stocks advanced ahead…
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Falling Pound No Deterrent to Britons as Overseas Visits Soar
EghtesadOnline: The pound may buy fewer dollars and euros than it did before the Brexit referendum but Britons are traveling to other countries in record numbers.
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Dollar pulls away from lows as investors await Yellen speech
EghtesadOnline: The dollar took a breather on Wednesday after falling to a seven-week low against the yen as investors await Federal Reserve Chair Janet Yellen's speech on monetary policy, while…
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Asia stocks up as Trump's dollar comment boosts exporters; sterling shines
EghtesadOnline: Asian stock markets held near three-month highs on Wednesday as investors scooped up exporter shares after U.S. President-elect Donald Trump expressed concerns over a stronger…
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Brexit Plans Rattle Pound and Stocks as Gold Rises
EghtesadOnline: The pound fell, equities slid and gold climbed on concern U.K. Prime Minister Theresa May is prepared to lead Britain out of the European Union’s single market and as the U.S.…
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Sterling skids on Brexit anxiety; investors hope for Trump clarity
EghtesadOnline: Sterling slid to three-month lows in Asia on Monday with investors again spooked by concerns over Britain's exit from the European Union, while U.S. policy uncertainty lingered…
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Pound Drops on EU Concern, Asian Shares Decline
EghtesadOnline: The pound tumbled on a report that U.K. Prime Minister Theresa May will signal plans to quit the European Union’s single market to regain control of Britain’s borders and laws.…
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European shares dip, sterling falls on Brexit comments
EghtesadOnline: The dollar edged higher on Monday, boosted by robust U.S. wage growth data strengthening the case for more Federal Reserve interest rate increases, while Britain's pound fell…
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Currencies Gripped by Political Risk, Oil Slumps
EghtesadOnline: Political risks rippled across foreign-exchange markets with the pound, Turkish lira and South Korean won leading declines, while gold rose on haven demand and Chinese buying.…
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May Signals U.K. to Quit Single Market to Curb Immigration
EghtesadOnline: U.K. Prime Minister Theresa May signaled regaining control of immigration and lawmaking are her Brexit priorities even if that means quitting Europe’s single market. The pound…
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Slumping pound to Cost UK Dearly
EghtesadOnline: The UK is set to crash down the table of the world's largest economies because of Brexit, a report claims. And an analysis by the Center for Economics and Business Research says…
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Battered euro and yen recover after dollar surge
EghtesadOnline: The euro, yen and pound all recovered some ground against the dollar on Friday after slides of up to 3 percent in reaction to the Federal Reserve outlook for U.S. interest rates…
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The Currencies to Watch in 2017
EghtesadOnline: The pound, krone and rand are the currencies to watch heading into 2017 as technical charts and supportive cross-asset themes signal their recent momentum may continue.
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Pound’s Best Week Since 2009 Declared a Blip by Top Forecasters
EghtesadOnline: Don’t be lulled into a false sense of security on the pound. That’s the advice of the currency’s most-accurate forecasters after sterling posted its best week since 2009
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BoE's Broadbent: pound's fall a 'shock absorber' after EU vote - BBC radio
EghtesadOnline: Bank of England Deputy Governor Ben Broadbent said the pound's fall after Britain voted to leave the European Union has acted as an important shock absorber for the economy, in…
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Rude Awakening in the U.K. Over Brexit Cost Sends Pound Down
EghtesadOnline: It dawned on investors this week that when it comes to quitting the European Union, safeguarding the economy isn’t Prime Minister Theresa May’s top priority.
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Pound Tumbles to Three-Decade Low as Angst Over Brexit Persists
EghtesadOnline: The pound dropped to a three-decade low against the dollar amid mounting investor concern that the U.K. is heading for a so-called hard Brexit.
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Pound Rally Leaves Bears Unmoved as Brexit’s Threats Linger
EghtesadOnline: The pound’s longest winning run since the U.K. shocked financial markets by deciding to leave the European Union is failing to shake strategists, who expect a slide to its weakest…
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Stocks Gain With Commodities on Economic Data as Pound Rallies
EghtesadOnline: Stocks climbed with commodities and the pound jumped amid signs economies in China and the U.K. are stabilizing. The dollar advanced against most of its peers while bonds retreated…
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Bonds Climb as Central Banks Stoke Demand, Commodities Decline
EghtesadOnline: Bonds advanced around the world, spurred by central banks’ commitments to boost growth and a dimming outlook for inflation as commodities declined. The pound fell for a fifth…
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Asia shares up as yield hunt drives record flows, pound slips
EghtesadOnline: Asian shares stood atop one-year peaks on Tuesday as a global search for yield drove a record inflow into emerging market funds, while the pound slipped to one-month lows on speculatio…
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Flight bookings to Britain rise after Brexit weakens pound
EghtesadOnline: Flight bookings to Britain rose in the month following the country's vote to leave the European Union as international visitors sought to take advantage of a cheaper UK-based…
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Financials lift stocks in Europe and Asia, pound dips before BoE decision
EghtesadOnline: Shares rose in Europe and Asia, lifted by gains in financial stocks, while sterling dipped against the dollar before a Bank of England policy meeting expected to deliver a first…
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Pound Plummets
EghtesadOnline: The pound touched a one-week low versus the dollar before a report that economists say will show claims for unemployment benefits increased in June, having dropped a month earlier,…