LONDON The dollar inched down on Friday to leave it little changed on the week, with investors focused on a speech later the day by the chair of the Federal Reserve that may provide clarity on whether U.S. interest rates will rise this year.
LONDON Sterling hovered near a three-week high against the dollar on Friday, supported by solid growth and business investment data that helped offset worries over the impact of Britain's shock vote to leave the European Union.
NEW YORK Interest rates for banks to borrow U.S. dollars for three months are likely to rise further before topping out near 1.0 percent, unless the Federal Reserve raises interest rates by year-end, market watchers say.
LONDON Sterling gained on Monday, after registering its strongest week in five against the dollar as a run of robust economic data suggested Britain's economy was faring better than expected following its vote to leave the European Union.
LONDON Sterling traded above $1.32 to touch a three-week high on Wednesday, as speculators further cut bets against the currency after data indicated the economy was holding up surprisingly well after the Brexit vote.
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