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Pound falls as dollar forges higher ahead of Fed's Warsh comments

By Amanda CooperThe pound fell for the first time in a week on Wednesday in the face of a robust dollar, which got a lift from a rise in U.S. Treasury yields ahead of jobs data, while markets were also awaiting comments from new Fed Chair Kevin Warsh.Sterling FX:GBPUSD was down 0.23% at $1.3234, ha…

Reuters en
Forex

Pound edges up as Burnham says he will stick to fiscal rules

By Amanda CooperThe pound, set for its largest monthly drop since March, edged up on Monday as Andy Burnham, Britain's likely next prime minister, laid out his plans for the economy in his first speech since becoming a lawmaker.Burnham, who returned to Westminster this month after winning a parliam…

Reuters en
Forex

Pound steady ahead of Burnham speech on economic plan

By Amanda CooperThe pound, set for its largest monthly drop since March, held steady on Monday ahead of a much-anticipated speech from Andy Burnham, Britain's likely next prime minister, which investors will scour for clues on his thinking on the economy.Burnham, who returned to Westminster this mo…

Reuters en
Forex