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Showing 11 - 20 of 61 results for "British Pound"

BOE does what it said it would do

BENJAMIN ONG  |  FRIDAY, 3 NOV 2017
... beginning of normalisation of monetary policy (read, more interest rate hikes), it had an opposite effect on the British pound and the bond market. The pound dropped against its peers after the rate hike announcement. It closed 1.6% lower versus the ...

Go ahead BOE, make my day

BENJAMIN ONG  |  WEDNESDAY, 18 OCT 2017
Four days and one month before this day, the British pound staged a sterling rally - it soared to pre-Brexit levels against the US dollar and the Japanese yen (and to a two-month high against the strengthening euro). That was on 14 September when the ...

The British pound's sterling reversal

BENJAMIN ONG  |  MONDAY, 18 SEP 2017
Now that's how you jawbone a currency. The British pound soared to pre-Brexit levels against the US dollar and the Japanese yen - and to a two-month high against the strengthening euro - at the close of last week's trading. And no, it's not because ...

Australian dollar poses problem for RBA

BENJAMIN ONG  |  MONDAY, 7 AUG 2017
... year to date, the Australian dolla3r has risen by 9.3% versus the greenback and 5% on the TWI. In comparison, the British pound has risen not as much (up 5.5 %) against the US dollar while the Japanese yen and the Chinese yuan have appreciated by 5.2% ...

A year on from Brexit

JAMIE WILLIAMSON  |  THURSDAY, 22 JUN 2017
... to WTO rules and tariff levels - some of the pain to the UK export sector has been blunted by the 13% fall in the British pound relative to the euro," Lafferty said. He said further uncertainty is being fueled by insecurity around the resultant movement ...

May the force's not with her

BENJAMIN ONG  |  TUESDAY, 13 JUN 2017
... for going into Brexit negotiations have, given the election results, increased Brexit uncertainty. This sent the British pound down. Sterling's effective exchange rate dropped by 1.4% the day after the 8 June elections, for a total depreciation of 12.2% ...

Two-year road to Brexit begins

BENJAMIN ONG  |  THURSDAY, 30 MAR 2017
... he has convened the European Council on 29 April 2017. The market's reaction to the news was little reaction. The British pound dipped a bit from US$1.2450 to US$1.2438; The FTSE-100 index gained a bit, up 0.4% on the day; and the yield on 10-year UK ...

Price-pressured

BENJAMIN ONG  |  WEDNESDAY, 22 MAR 2017
... the eight straight month of accelerating price gains. Yes, that's since July 2016 - after the Brexit vote sent the British pound sharply down.

One Direction and the BOE

BENJAMIN ONG  |  MONDAY, 20 MAR 2017
... year) while the core rate has advanced to 1.6% from 1.4%. The strength in domestic economic activity, along with the British pound's sharp depreciation - Sterling's effective exchange rate has dropped by 12.9% since Brexit on 23 June 2016 - would put ...

British inflation quickens but still off-target

BENJAMIN ONG  |  WEDNESDAY, 15 FEB 2017
... petrol and diesel prices, along with a significant slowdown in the fall in food prices" and of course, the weak British pound. Core inflation - which excludes volatile items such as fuel and food items - was unchanged at 1.6% in January from December ...