The Great Britain pound fell against the US dollar, though held versus the Japanese yen, after inflation slowed last month and Moody’s said that the nation’s credit rating is in danger of downgrade.
GBP/USD Falls as CPI Slows, Moody’s Says Outlook is Negative
February 14th, 2012 at 12:45
Great Britain Pound
UK Pound Gains on Economic Forecast
February 13th, 2012 at 15:56
Great Britain Pound
UK pound is gaining against the US dollar and the Japanese yen today as an economic forecast expects growth to pick up in 2012. The Confederation of British Industry believes that Great Britain will avoid a technical recession this year, and that things will pick up. As a result, UK pound is heading higher against low beta currencies.
Pound Goes Higher as PPI Grows
The Great Britain pound rose today as macroeconomic data showed that both input and output Producer Price Index rose in January more than was predicted by analysts.
Pound Keeps Gains After BoE Boosts Asset Purchases
February 09th, 2012 at 14:25
Great Britain Pound
The Great Britain pound gained today and remained strong after the Bank of England kept its main interest rate unchanged and boosted the asset purchase program as the UK economy continued to weaken.
UK Pound Gains against a Weakened Euro
February 06th, 2012 at 16:18
Great Britain Pound
UK pound is gaining against a weaker euro today, heading higher as worries about Greek debt resume. Greek talks have been suspended for a short time, even though Greek PM Lucas Papademos said that some progress had been made recently. The pound, though, is down against the US dollar as risk aversion sets in.
Services PMI Eases Concerns About UK Economy, Pound Gains
February 03rd, 2012 at 13:29
Great Britain Pound
The Great Britain pound gained today after a report showed that UK service industries advanced last month, easing concerns about recession of Britain’s economy and making the sterling again viable haven from Europe’s crisis.
Pound Down as Construction in Britain Slows
February 02nd, 2012 at 10:19
Great Britain Pound
The Great Britain pound erased its gains versus the US dollar and fell against the Japanese yen today after the report showed that UK construction growth slowed last month.
Pound Higher on Consumer Confidence
January 31st, 2012 at 11:04
Great Britain Pound
The Great Britain pound was higher today versus the US dollar and the Japanese yen after a report showed that consumer confidence in the UK improved, while speculation that Greece made progress in the debt-swap discussion reduced demand for safer currencies.
UK Pound Gains Against US Dollar, But Drops Against Euro
January 26th, 2012 at 16:04
Great Britain Pound
UK pound is higher against the US dollar today, gaining as other currencies, in general, are preferred to the greenback. However, the UK pound is down against the euro, as well as down against commodity currencies today.
Pound Drops as UK GDP Declines
January 25th, 2012 at 13:00
Great Britain Pound
The Great Britain pound fell against the US dollar and pared its gains versus the Japanese yen after the UK Office for National Statistics reported that the nation’s GDP shrank in the last quarter, adding to signs than Britain is entering recession.