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Sterling rises to two-week high vs dollar ahead of data heavy calendar

* Graphic: Trade-weighted sterling since Brexit vote tmsnrt.rs/2hwV9Hv LONDON, April 19 (Reuters) - The pound rose and hit a two-week high against the dollar on Monday ahead of a data-heavy week that is expected to provide more evidence that Britain’s economy is rebounding from its deepest recession in 300 years. Versus a weakening dollar, the pound rose 0.3% to $1.3888 at 0835, it highest level since April 6. It was 0.1% lower versus the euro at 86.63 pence. Traders will be watching this wee...
United Kingdom City Of Joice Alves Neil Jones Raissa Kasolowsky Chris Turner

GBP/NZD Forecast: Pound to New Zealand Dollar Exchange Rate Struggles to Recover as 'Kiwi' Remains Strong

April 19, 2021 - Written by Tim Boyer Investors attempted to buy the British Pound to New Zealand Dollar (GBP/NZD) exchange rate back from monthly lows towards the end of last week, but Sterling is struggling to sustain a bigger advance as the New Zealand Dollar remains appealing as well. While this week’s New Zealand economic calendar will be fairly quiet, analysts expect that there are still many reasons for investors to buy the ‘Kiwi’. After opening last week at the level of 1.9493, G...
New Zealand United Kingdom Tim Boyer Chris Turner April Rightmove International Money

Sterling rises 1% vs dollar at start of data-heavy week

Sterling rises 1% vs dollar at start of data-heavy week Published 1 hour ago By Joice Alves LONDON (Reuters) -The pound rose 1% to hit a one-month high against the dollar on Monday at the start of a data-heavy week that is expected to provide more evidence that Britain’s economy is rebounding from its deepest recession in 300 years. Sterling was $1.3993 against a weakening dollar at 1458 GMT, its highest level since March 18. It was 0.7% higher versus the euro at 85.89 pence, its highest in ...
United Kingdom City Of Joice Alves Neil Jones Raissa Kasolowsky Chris Turner

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