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Sterling hits 11-day high as dollar drops on weak U.S. GDP data

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LONDON Sterling gained more than 1 percent on Friday to trade above $1.33 for the first time in eleven days, as the greenback dropped sharply across the board after U.S. economic growth data came in much weaker than expected.

Dollar tumbles on tepid second quarter growth

NEW YORK The dollar dropped on Friday after data showed that the U.S. economy grew at a slower pace than expected in the second quarter, while the Japanese yen soared after the Bank of Japan’s stimulus plans under whelmed investors.

29 Jul 2016

Pound calms before first UK/U.S. rate flip in 10 years

LONDON Britain's battered pound looks to be holding its own a month after the shock vote for a Brexit, even as the Bank of England prepares to take UK interest rates below their U.S. equivalents for the first time in a decade.

29 Jul 2016

Currency-predicting ETFs lag behind international stock funds

NEW YORK Algorithms are proving to be poor at timing currency markets, if a group of new exchange-traded funds is any indication.

29 Jul 2016

Cost of hedging against dollar/yen volatility hits eight-year high

LONDON The price of hedging against big swings in the yen's exchange rate against the dollar over the next 24 hours surged to its highest in eight years on Thursday, ahead of a Bank of Japan policy decision on Friday.

Japan 28 Jul 2016
Markets

 

3.37
6,724.43
+0.05%
-24.11
18,432.24
-0.13%
92.43
16,569.27
+0.56%

Most Actives

Currencies

1.3230
1.1826
1.1181

Other Indices

21,891.37
10,337.50
4,439.81
2,173.60
131.27
147.07

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