Tag: British currency
U.K. Pound Falls as Manufacturing, Mortgage Approvals Decline
By Andrew MacAskill
Jan. 2 (Bloomberg) — The pound fell against the dollar and the euro and U.K. two-year gilt yields dropped to the lowest on record after mortgage approvals slid to the least since 1999 and manufacturing shrank in December.
Posted: January 2nd, 2009 under News.
Tags: Bank of England, Bank of New York, British currency, currency, Dollar, Euro, Pound
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Pound Falls Against Euro as Economy Shrinks More Than Forecast
By Anchalee Worrachate
Dec. 23 (Bloomberg) — The pound weakened for a second day against the euro amid speculation the Bank of England will cut interest rates at a faster pace than its euro-region counterpart to help drag the economy out of a recession.
The British currency also slipped versus the dollar after a report showed the [...]
Posted: December 24th, 2008 under News.
Tags: Bank of England, Bank of New York, Bank of Tokyo-Mitsubishi, British currency, Euro, HSBC, Pound, Recession, U.K. GDP
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Pound Falls Against Euro as Economy Shrinks More Than Forecast
By Anchalee Worrachate
Dec. 23 (Bloomberg) — The pound weakened for a second day against the euro amid speculation the Bank of England will cut interest rates at a faster pace than its euro-region counterpart to help drag the economy out of a recession.
The British currency also declined versus the dollar earlier after a report showed [...]
Posted: December 23rd, 2008 under News.
Tags: Bank of England, Bank of New York, Britain currency, British Bankers, British currency, Euro, German bonds, Pound
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Pound Falls to Record 89 Pence Per Euro on Worsening Sentiment
By Matthew Brown
Dec. 11 (Bloomberg) — The pound slid to a record against the euro for a fourth day after a U.K. index of manufacturers’ output expectations matched the lowest level in almost 30 years, strengthening the case for deeper interest-rate cuts.
Posted: December 12th, 2008 under News.
Tags: Bank of Scotland, British currency, Canadian Dollar, Confederation of British Industry, Euro, European Central Bank, index of manufacturer, interest-rate cuts, Pound, The Bank of England, U.K. Debt Management
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