Archive for the ‘Great Britain Pound’ Category

Pound Drops on Negative Service Industry Data

Friday, July 3rd, 2009

Great Britain poundThe British currency is heading for the firstly weekly decline against the dollar in a month, after a report released today indicated a less significant service sector growth for the month of June.

Pound Hits 8-Month High Against Dollar on Improved Economic Data

Tuesday, June 30th, 2009

Great Britain poundThe British currency, which was failing to climb versus its main rivals, the euro and the dollar, posted significant gains in the beginning of this week as improved economic data emerged in the latest British reports.

Pound Rebounds as Risk Appetite Drive Investors to British Assets

Friday, June 26th, 2009

Great Britain poundThe British pound had a day of gains versus the euro and the dollar as a new wave of risk appetite struck markets today, influencing investors to purchase assets in British stocks, weighing positively on the national currency.

Pound Falls on U.K. Home Prices Drop

Monday, June 22nd, 2009

Great Britain poundThe British pound fell against the U.S. dollar as a report indicated the first fall in U.K. home prices in five months, increasing risk aversion towards the pound sterling outlook.

Pound Slides on Unexpected Negative Data

Thursday, June 18th, 2009

Great Britain poundRetail sales dropped in May for the first time in three months, a fact that was not predicted by analysts, weighing negatively on the pound outlook for this Thursday making it to lose ground against the greenback and the euro.

Pound Drops After Rise in Unemployment

Wednesday, June 17th, 2009

Great Britain poundThe pound posted losses versus the main currencies after a bearish day in the stock market followed by a rise in the United Kingdom unemployment figures, damping demand for the British currency.

Great Britain Pound Rebounds on Improved Real Estate Data

Tuesday, June 9th, 2009

Great Britain poundThe Royal Institution of Chartered Surveyors said that the United Kingdom real estate market is stabilizing, spurring demand for the pound sterling after sequential days of losses.

Pound Slides against Euro, Dollar as Pressure on Prime Minister Rises

Monday, June 8th, 2009

Great Britain poundThe pound posted the fourth day of losses in a row against the U.S. dollar as a serious political crisis deepens in Great Britain, where Prime Minister Gordon Brown’s Labour party is losing influence significantly.

Pound Falls as Government Crisis Deepens

Friday, June 5th, 2009

Great Britain poundThe British pound fell sharply versus the euro and the dollar as a fifth U.K. minister resigned, increasing the already significant concerns on Gordon Brown’s government stability and the British political future.

British Pound Climbs Against Euro as Confidence Emerges

Wednesday, June 3rd, 2009

Great Britain poundThe Great Britain Pound hit a six-month high against the Eurozone currency as domestic consumer confidence rose to a two-year high, indicating that recession might soon be over.


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