‘Great Britain Pound’ News Archive

Pound Declines on Asset Purchase Speculations

Saturday, February 6th, 2010

Great Britain poundThe pound posted a weekly decline versus multiple important currencies of its trading partners as a strong sentiment of risk aversion towards assets in Europe made traders to opt for refuge currencies overseas, as the British economic outlook is far from positive.

Pound Falls Sharply on BOE Statements

Thursday, February 4th, 2010

Great Britain poundThe pound declined today versus multiple important currencies after U.K.’s central bankers stated that quantitative measures may be resumed in the country if the economic conditions fail to improve, adding to the negative sentiment in European markets today.

Pound Slides on Real Estate Data

Tuesday, February 2nd, 2010

Great Britain poundThe pound was of the few currencies which couldn’t profit from a higher risk appetite today versus the dollar and the yen as another real estate report declined attractiveness for Britain’s currency, which started the week falling versus multiple currencies.

Pound Bullish Before GDP Report

Monday, January 25th, 2010

Great Britain poundThe pound rose in the beginning of this week’s trading session before a gross domestic report to be published tomorrow in the U.K., which according to forecasts will show positive figures, making the Great Britain to leave the worst recession since the Second World War.

Pound Ends Week Falling on Retail Sales

Saturday, January 23rd, 2010

Great Britain poundThe U.K. currency retreated from a previous advance versus the euro as attractiveness for the currency declined after a report showed worse than expected numbers for monthly retail sales in Britain before the end of this week’s session.

U.K.’s Budget Deficit Halts Pound Rally

Thursday, January 21st, 2010

Great Britain poundThe pound dropped yesterday and today ending a winning streak of more than a week versus several currencies as the country’s budget deficit increased to an all time record high, showing that despite positive data, the British economy is still far from healthy.

Pound Advances Further Versus Euro on Inflation

Wednesday, January 20th, 2010

Great Britain poundThe British currency had a favorable performance today versus multiple key-currencies today, beating the euro and the Swiss franc as the country starts to show more evident signs of recovery, attracting investors back to the U.K.

Pound Climbs on House Prices, Optimism

Monday, January 18th, 2010

Great Britain poundThe U.K. currency profited today from an increase in the nation’s house prices, fueling even further speculations that the recession might be ending in Britain, attracting investors to purchase pound-priced assets in a day of bullish equities markets in London.

Pound May Climb On Asset Purchase Program Ending

Monday, January 18th, 2010

Great Britain poundThe U.K. currency may be experience a shift on its sentiment as speculations suggest that the current quantitative easing measures used by the nation’s central bank will be terminated, as the country starts to publish positive economic reports, suggesting that the recession may be ending in the British Isles.

Pound Strong Versus Dollar on Global Recovery

Tuesday, January 12th, 2010

Great Britain poundThe U.K. currency extended Friday’s gains versus the U.S. dollar today as global optimism helped speculations that an economic recovery in the U.K. will make its currency more attractive in foreign-exchange markets.


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