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GBPUSD

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Worsening global risk sentiment knocks sterling

By Joice Alves LONDON, May 16 (Reuters) - Sterling fell on Monday as weak Chinese economic data added pressure on risky currencies, while investors scaled down their expectations for Bank of England interest rate rises this year. Risk-sensitive sterling has fallen 10% against the dollar this year as the war in Ukraine, rising inflation, poor domest
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Dollar perched at 2-decade high on weak China data

By Saikat Chatterjee LONDON, May 16 (Reuters) - The U.S. dollar consolidated gains near a two-decade peak on Monday as poor Chinese economic data hurt cyclical currencies including the British pound and the Australian dollar lower. While expectations of a hawkish Federal Reserve have been instrumental in fuelling a dollar rally that has seen a broa
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Dollar starts week strong, poor Chinese data hurts Aussie

By Alun John HONG KONG, May 16 (Reuters) - The dollar started the week just off a 20-year high against its peers on Monday, as investors sought safety due to fears about global growth that were highlighted by Monday's poor Chinese economic data, sending the Aussie dollar lower. The dollar index =USD was at 104.57, having briefly crossed the 105 lev
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Dollar starts week on strong footing on firm safe-haven bid

By Alun John HONG KONG, May 16 (Reuters) - The dollar started the week just off a 20-year high against peers on Monday, as investors sought safety due to fears about global growth while cryptocurrency markets appeared to find some stability after last week's turmoil. The dollar index =USD was at 104.54, having briefly crossed the 105 level on Frida
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U.S. dollar net longs hit largest since November, bitcoin net longs surge -CFTC, Reuters data

By Gertrude Chavez-Dreyfuss NEW YORK, May 13 (Reuters) - Speculators' net long positioning on the U.S. dollar rose in the latest week to their highest since late November, according to calculations by Reuters and U.S. Commodity Futures Trading Commission data released on Friday. The value of the net long dollar position edged up to $19.82 billion f
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