Pound sterling

FILE - In this file photo dated Monday, May 18, 2020, traffic moves along the M6 motorway near Birmingham, England. Trade associations representing British freight haulers and storage companies are asking for urgent talks with government leaders to allay concerns over preparations for Brexit, that may threaten supplies of critical goods caused by border controls and computer systems. (AP Photo/Rui Vieira, FILE)
September 07, 2020 - 10:17 am
BRUSSELS (AP) — The European Union warned the British government on Monday that any attempt to renege on commitments made ahead of its departure from the bloc earlier this year could put at risk the hard-won peace in Northern Ireland. The comments show growing signs that trust between the two sides...
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A currency trader walks by the screen showing the Korea Composite Stock Price Index (KOSPI) at the foreign exchange dealing room in Seoul, South Korea, Monday, Jan. 13, 2020. Asian stocks have risen as investors shrug off weaker-than-expected American jobs data and look ahead to the signing of a U.S.-China trade deal. Benchmarks in Shanghai, Hong Kong and Southeast Asia all advanced. (AP Photo/Lee Jin-man)
January 13, 2020 - 6:33 am
BEIJING (AP) — Global stock markets were subdued Monday ahead of the signing of an interim U.S.-Chinese trade pact and as concerns about U.S.-Iranian tensions eased. Indexes in Europe were mixed after Shanghai, Hong Kong and South Korea finished higher. Japanese markets were closed for a holiday...
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Specialist Gregg Maloney, left, and trader John Panin work on the floor of the New York Stock Exchange, Friday, Dec. 13, 2019. After months of waiting, markets had a muted reaction to news Friday that the US and China had reached an initial deal on trade. (AP Photo/Richard Drew)
December 13, 2019 - 4:05 pm
Wall Street closed out a listless day Friday with tiny gains and more record highs for the S&P 500 and Nasdaq. The U.S. and China revealed they have reached an initial deal in their long-running trade war. The “Phase 1” agreement means that the U.S. won't impose new tariffs on Chinese goods...
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A man walks past an electronic stock board showing Japan's Nikkei 225 index at a securities firm in Tokyo Friday, Dec. 13, 2019. Shares likewise jumped Friday in Asia following fresh all-time highs overnight on Wall Street spurred by optimism that the U.S. and China are close to reaching a deal to end their costly trade war. (AP Photo/Eugene Hoshiko)
December 13, 2019 - 3:20 am
BANGKOK (AP) — The British pound edged higher Friday as Prime Minister Boris Johnson's Conservative Party claimed a robust majority in Parliament, while talk of China-U.S. trade deal buoyed share prices in Asia. The British pound rose to $1.3470 from $1.3385 late Thursday but then fell back to a...
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An investor monitors stock prices at a brokerage in Beijing Monday, Nov. 11, 2019. Shares declined Monday in Asia as investors watched for the latest developments in the China-U.S. trade war sage. (AP Photo/Ng Han Guan)
November 11, 2019 - 6:57 am
LONDON (AP) — Shares around the world fell Monday as hopes for a breakthrough in the trade war between the United States and China diminished after President Donald Trump said Washington had not agreed to gradually roll back tariffs as negotiations progress. Hopes were shaken when Trump on Friday...
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European Union chief Brexit negotiator Michel Barnier, right, shakes hands with Irish Foreign Minister Simon Coveney during a meeting of EU General Affairs ministers, Article 50, at the European Convention Center in Luxembourg, Tuesday, Oct. 15, 2019. European Union chief Brexit negotiator Michel Barnier is in Luxembourg on Tuesday to brief ministers on the state of play for Brexit. (AP Photo/Virginia Mayo)
October 15, 2019 - 4:28 pm
LUXEMBOURG (AP) — European Union officials were hoping Tuesday that — after more than three years of false starts and sudden reversals — a Brexit deal with Britain might be sketched out within hours. The bloc said that it might be possible to strike a divorce deal by Thursday's EU leaders' summit,...
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FILE - In this Aug. 6, 2019, file photo trader Tommy Kalikas works on the floor of the New York Stock Exchange. The U.S. stock market opens at 9:30 a.m. EDT on Friday, Aug. 9. (AP Photo/Richard Drew, File)
August 09, 2019 - 4:04 pm
NEW YORK (AP) — Stocks stumbled Friday as worries flared yet again that President Donald Trump's trade war with China may be worsening. It was a fitting end to a wild week where markets zoomed down, up and down again as investors recalibrated by the minute how much the tensions will hurt the global...
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FILE - In this Monday, March 27, 2017 file photo, Richard Branson, founder of Virgin Atlantic and the Virgin Group, smiles at Seattle-Tacoma International Airport in Seattle. Branson has warned that a no-deal Brexit will force the company to invest less in Britain because of pressures on the pound. Branson has told the BBC on Thursday, July 11, 2019 that if the U.K. leaves the European Union without a deal, it will force his company to shift investment because its costs are in dollars. (AP Photo/Ted S. Warren, file)
July 11, 2019 - 9:34 am
LONDON (AP) — Virgin Group founder Richard Branson has warned that the pound's value would fall to that of the dollar if Britain leaves the European Union without a deal — a stark prediction that will fuel worries about the economic pressures facing the country. Traders see the possibility of a 'no...
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International Monetary Fund (IMF) Managing Director Christine Lagarde, right, and European Central Bank (ECB) President Mario Draghi, left, speak prior to G20 Finance Ministers' and Central Bank Governors' Meeting Saturday, June 8, 2019, in Fukuoka, western Japan. (AP Photo/Eugene Hoshiko, Pool)
June 13, 2019 - 10:23 am
FRANKFURT, Germany (AP) — The euro has gained ground as a global currency used for government reserves as U.S. economic sanctions deter some countries' use of the dollar, the European Central Bank said in a report Thursday. The euro's share of measurable foreign reserves held by central banks and...
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A currency trader talks near the screens showing the Korea Composite Stock Price Index (KOSPI), left, and the foreign exchange rate between U.S. dollar and South Korean won at the foreign exchange dealing room in Seoul, South Korea, Friday, May 24, 2019. Asian shares were mostly lower on Friday as worries that the standoff between the U.S. and China over trade might expand put investors in a selling mood. (AP Photo/Lee Jin-man)
May 24, 2019 - 6:32 am
TOKYO (AP) — Global stocks are rebounding following Thursday's sell-off, with markets hoping for an easing in the U.S.-China trade dispute and after British Prime Minister Theresa May said she plans to resign as of June 7. Investors appear to hope May's pending resignation could unblock the...
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