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Category: Dollar

Sterling takes major hit as markets open today

Sterling hit a fresh 31-year low against the dollar in risk-averse markets on Tuesday, as investors worried about the economic and financial fallout of Britain’s vote to leave the European […]

Sterling up – 3 days in a row

Sterling climbed for a third day today, but traded in tight ranges as investors waited for new developments on Britain’s shock decision to leave the European Union, which sent the […]

UK Credit Ratings Cut by S&P and Moodys

Higher-yielding, riskier currencies such as the Australian dollar rose along with sterling on Tuesday on hopes of a more coordinated central bank response to stem steep losses in markets after […]

Sterling hits 31 year low

British 10-year government borrowing costs sank below 1 percent on Monday for the first time ever and sterling tumbled to a fresh 31-year low against the dollar as investors bet […]

Vote Day is here. How will you vote??

Sterling advanced to a 2016 high against the dollar on Thursday after the last sweep of opinion polls favoured Britain remaining in the European Union, just as voting got underway. […]

Tomorrow is the biggest day for the UK!

Sterling rose today, moving back towards a 5-1/2-month high against the dollar, as investors cut bets against the pound just a day before Britain votes on whether to remain in […]

2 days to go! Bookies back remain

Sterling hit its strongest level against the dollar since early May today, having the previous session posted its biggest one-day climb since 2008, as worries receded that Britain will vote […]

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