Sterling gains after surge in UK inflation

  Sterling extended gains on Tuesday, hitting an eight-week high versus the dollar after a surge in consumer price inflation     fuelled expectations that UK interest rates may need to rise soon. Rising ...

Dollar Drops for Third Day Versus Yen on Consumer Sentiment & Retail Data

The dollar fell for a third straight day against the yen as reports showed consumer confidence unexpectedly dropped and U.S. retail sales rose less than economists forecast. The euro was headed for ...