Dollars to Pounds News

The safe-haven Japanese yen gained ground on the dollar and the euro amid concerns about banks in Greece and Spain, contagion chances if Greece exits the euro and weak economic date from the US, reports Reuters. The yen earlier climbed to a three-month high versus both the euro and the dollar as talk of a potential Spanish bank downgrades...

The sterling gained on most major counterparts, particularly the US dollar, the yen and the euro on the back of today’s policy statement by the Bank of England, reports Trading Point. The central bank left interest rates unchanged at their long-term level of 0.5 per cent as anticipated, as well as keeping its asset purchase initiative on...

The pound moved up and down between marginal gains and losses against the greenback on Thursday, after the release of a series of better-than-anticipated data from the US as the dollar stayed supported by lowered expectations for further monetary easing, reports forex-rateit.com. GBP/USD hit 1.5635 in European afternoon trade, the two’s...

The pound trimmed gains on the US dollar yesterday after better-than-anticipated US economic data dampened expectations for further Federal Reserve easing measures, according to forex-rateit.com. GBP/USD fell back from a daily high of 1.5874 to hit 1.5853 in US morning trade, a rise of 0.12 per cent. Cable was expected to find support at...

The pound extended its gains against the US dollar yesterday, after largely positive economic data from the US supported market sentiment amid lowered expectations for more Federal Reserve monetary easing. The sterling reached $1.5960 in morning trading in the US, subsequently consolidating at $1.5966, rising 0.31 per cent, reported...

The sterling trimmed gains against the dollar on Tuesday, amid reports of a looming Irish referendum on the European Union fiscal compact, although the pound remained supported before the European Central Bank’s liquidity operation, reports forex-rateit.com. The GBP fell from its daily high of 1.5876 to hit 1.5826 in US morning trade,...

The yen suffered losses in Asia today, having fallen to a seven-month low against the dollar, while the pound also endured a tough time after the Bank of England’s February policy meeting saw less change than expected, reports Reuters. This helped the euro remain steady, even after Wednesday’s PMI surveys suggested that the eurozone...

An increasing number of UK expatriates are giving up on the sterling and the euro and looking at the UD dollar to provide more certainty with their savings. Lloyds TSB International revealed that it has witnessed a significant increase in savers looking for dollar-denominated accounts. It has also now almost doubled the rate which it pays...

The pound ascended to a 10-week high compared to the dollar on Tuesday, but more gains are limited due to concerns over Portugal’s debt woes. The pound hit 1.5797 against the dollar in the morning, the highest since November 21; but consolidated at 1.5776, reports the website Forex Rate It. Early gains were also made by the pound...