Money & Markets

Dollar gains against sterling on Brexit worries, U.S. growth bets

28th December 2016 Staff Reporter 14

NEW YORK – The U.S. dollar hit its highest level in two months against the sterling on Wednesday on concerns over next year’s Brexit negotiations, while expectations of higher U.S. economic growth also underpinned the greenback. […]

Money & Markets

Pound recovers losses on hints of plan to match EU payments after Brexit

19th December 2016 Staff Reporter 0

LONDON – Britain’s pound recovered around half of its earlier losses against the dollar on Monday after Prime Minister Theresa May said the country could cover EU funding when it leaves the bloc. Sterling had earlier […]

Money & Markets

Asia stocks slip to four-week low as higher U.S. rates bite

19th December 2016 Staff Reporter 1

TOKYO – Asian shares slipped to four-week lows on Monday as the prospect of higher U.S. interest rates and a strong dollar stemming from the incoming Trump Administration’s purported policies of cutting taxes and spending heavily […]

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