Dollar slips agianst the pound
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LONDON : The pound was higher against the dollar after the minutes of the Bank of England&#39;s (BoE) last rate setting deliberations revealed a dovish stance.
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LONDON : The dollar fell back after posting gains earlier in the day but dealers remained cautious ahead of key US data this week.
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The pound was lower against the dollar, tracking the euro's falls and also following a relatively dovish speech by Bank of England Monetary Policy Committee member Paul Tucker.
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The pound was on the backfoot against the dollar following the release of a survey by property website Hometrack, which showed yet more evidence of a cooling in the housing market.
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The pound continued to hover around the 2 US dollar level, having edged above it to reach a session high of 2.0016 use this afternoon, but it failed to make a firm break above the key psychological level.
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The pound eased off earlier highs against the dollar but remained steady against the euro.
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The pound has retreated against its major rivals after the Bank of England's (BoE) decision to leave interest rates unchanged at 4.75 percent.
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The pound strengthened against the dollar again on Monday afternoon, nearing the 26-year high of just over 2.06 US dollar that it struck earlier in the day.
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The pound and the Australian dollar continued to waver as they approached key levels against the US dollar of 2 dollars and 0.8 dollar respectively.
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The pound continued to slide after the Bank of England left interest rates unchanged at 5.50 percent today. The decision was widely expected, although financial markets were pricing in a 20 percent chance of a surprise hike, leaving the pound vulnerable.
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The euro slipped against the dollar and  yen on Tuesday after weaker-than-expected German investor  confidence data, while the dollar was soft ahead of U.S. data,  seen key for interest rate expectations.
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The pound remained on the weak side following last week&#039;s dovish minutes from the Bank of England&#039;s rate setting panel. It was a quiet day for UK data.
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The dollar slipped to just over a cent above this month's record low against the euro on Monday but won a bit of ground versus the yen, with investors focusing on the broadly bearish outlook for the U.S. currency.
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The pound wobbled after minutes to the Bank of England&#39;s September monetary policy decision indicated there are no further rate rises on the agenda.
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Sterling inched up against the dollar Thursday as fresh economic data decreased the likelihood that the Bank of England will cut interest rates in the coming months.
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The pound was also lower against both the dollar and the euro after a string of weak economic data in the morning.
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The dollar falls further against the euro while the pound remains at a 26-year high against the US currency.