Edition:
United Kingdom

Olga Cotaga

After big rise, pound to pause around $1.35, options markets suggest

6:08pm GMT

LONDON Having enjoyed a 2% surge on Friday following Boris Johnson's thumping election win, sterling may have to pause for breath, with derivatives markets implying the currency will struggle to rise beyond $1.35 in the next few months.

Investors slash bets on weaker pound after Johnson's thumping election win

4:29pm GMT

LONDON Sterling was well supported on Friday as investors rushed to unwind bets on a weaker pound after a resounding election victory for Prime Minister Boris Johnson's Conservative Party.

FOREX-Euro stays buoyed before ECB meeting as Fed forecast knocks dollar

12 Dec 2019

* Graphic: World FX rates in 2019 http://tmsnrt.rs/2egbfVh (Adds new quote, updates prices)

Sterling brushes off poll showing narrower Conservative lead

11 Dec 2019

LONDON The pound inched higher on Wednesday in very thin trading, shrugging off an opinion poll for Britain's election that showed the ruling Conservative Party might fail to win a majority.

FOREX-Euro buoyed by stronger-than-expected German economic data

10 Dec 2019

* Graphic: World FX rates in 2019 http://tmsnrt.rs/2egbfVh (Recasts, updates prices and adds latest news)

FOREX-Euro steady ahead of Fed, ECB meetings and expected US tariffs

10 Dec 2019

LONDON, Dec 10 The euro was little changed versus the dollar on Tuesday as investors were wary of a looming deadline for U.S. tariffs on China, the British election and upcoming Federal Reserve and European Central Bank meetings.

Pound stays firm on expectations of Conservative election win, off highs

09 Dec 2019

LONDON Sterling remained strong on Monday, buoyed by opinion polls that point to the ruling Conservative Party winning Britain's general election on Thursday, though the currency surrendered some gains when a later poll showed their lead narrowing a little.

U.S. banks' reluctance to lend cash may have caused repo shock: BIS

09 Dec 2019

LONDON The unwillingness of the top four U.S. banks to lend cash combined with a burst of demand from hedge funds for secured funding could explain a recent spike in U.S. money market rates, the Bank for International Settlements said.

U.S. banks' reluctance to lend cash may have caused repo shock - BIS

09 Dec 2019

LONDON The unwillingness of the top four U.S. banks to lend cash combined with a burst of demand from hedge funds for secured funding could explain a recent spike in U.S. money market rates, the Bank for International Settlements said.

RPT-U.S. banks' reluctance to lend cash may have caused repo shock - BIS

08 Dec 2019

LONDON, Dec 8 The unwillingness of the top four U.S. banks to lend cash combined with a burst of demand from hedge funds for secured funding could explain a recent spike in U.S. money market rates, the Bank for International Settlements said.

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