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Patrick Graham

8:28am EDT

German inflation data pushes euro lower

LONDON Low readings for German inflation drove the euro back to nine-day lows against the dollar on Thursday.

4:07am EDT

First German inflation data presses euro lower

LONDON A swing in sentiment against the euro dominated major currency markets for a second day on Thursday, weak initial readings of German regional inflation prodding the single currency back to nine-day lows against the dollar.

Mar 29 2017

Huge range of sterling forecasts clouds horizon for Brexit talks

(This story first published on March 28, was refiled to amend headline)

Mar 28 2017

Fed speakers halt dollar slide with talk of rate rises

LONDON The dollar steadied on Tuesday after its worst week since U.S. President Donald Trump’s election in November, promises of more rises in Federal Reserve interest rates this year helping it recover from multi-month lows in still shaky global markets.

Mar 24 2017

Markets hanging on U.S. healthcare bill fallout

LONDON All eyes in financial markets were fixed on stuttering Republican efforts to pass a replacement for Obamacare on Friday, the result of the vote and Donald Trump's response seen as crucial to his promise to deliver a "phenomenal" tax reform.

Mar 22 2017

Sterling rally halts around four-week high

LONDON The pound flattened out on Wednesday after hitting its highest levels in almost four weeks, as speculation that the Bank of England will raise rates within the next year was cooled by broader concerns about a Brexit-driven economic slowdown.

Mar 20 2017

Big banks back off calls for euro-dollar parity

LONDON U.S. bank Citi has abandoned its prediction of a fall for the euro to below parity against the dollar, the latest major lender to capitulate on long-term forecasts for a historic change in one of the world's big currency equilibriums.

Mar 17 2017

Sterling hits two-week high on BoE lifeline

LONDON The pound hit a two-week high against the dollar on Friday, drawing confidence from signs that some at the Bank of England may be leaning toward a rise in interest rates to support the currency.

Mar 16 2017

Sterling dips before Bank of England decision

LONDON Sterling retreated against the dollar and euro on Thursday, with signs the economy is finally slowing after last year's Brexit vote expected to weigh on the Bank of England's message on interest rates later in the day.

Mar 15 2017

Battered pound bounces back from 2-month low

LONDON Britain's battered pound recovered half a percent against the dollar on Wednesday, propped up by corporate demand as investors looked for bargains after it hit two-month lows the previous day.

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