The Great Britain pound jumped against the US dollar today after the report showed the nation’s budget deficit shrank more than expected. The performance of the sterling against the Japanese yen wasn’t so good as the confidence of the British consumers unexpectedly worsened.
Budget deficit — News Archive
Week of Relief for US Currency
The US dollar posted gains against other major currencies this week as the positive macroeconomic data improved outlook for the US economy and helped to attract investors to the currency.
Dollar Recovers on Positive Fundamentals
June 10th, 2011 at 20:51
The US dollar climbed today after the positive macroeconomic reports eased concerns that the US economy is weakening and allowed the currency to recover from the recent slump.
US Dollar Gains as S&P Puts US Outlook to Negative
The US dollar gained today after Standard & Poor’s reduced the US credit rating to negative, spurring demand for the currency as a safe haven. The yen still looks more attractive as a safe currency and outperformed the greenback.
US Dollar Weakens as Trade Deficit Remains Above Forecasts
April 12th, 2011 at 23:56
The US dollar slipped today versus the euro and the yen after the report showed that the US traded balance deficit shrank less than was predicted by analysts. Forecasts were also too optimistic about the federal budget as today’s report showed.
Rand Strengthens as Government Won’t Intervene
February 24th, 2011 at 6:22
The South African rand advanced as the South African officials said that they’re not planning a particular rate of exchange for the currency and are more worried about a depreciation than about an appreciation.
US Dollar Gains as Unemployment Claims Decline
February 10th, 2011 at 23:17
The US dollar strengthened against most of its major counterpart after the report showed today that the number of unemployment claims in the US dropped significantly last week, despite Federal Reserve Chairman Ben Bernanke’ prediction of higher unemployment.
Pound Declines as UK Budget Deficit Grows
December 22nd, 2010 at 0:27
The Great Britain pound dropped today as the report showed that the budget deficit climbed to the record, surpassing the analysts’ forecast and causing concerns about the future of the UK economy.
Iraqi Dinar Weakens on Outlook for Budget Deficit
Iraqi dinar slipped today on the speculation that Iraqi budget would post the deficit next year, decreasing the appeal of the currency.
Outlook for Interest Rates Weakens New Zealand Dollar
December 06th, 2010 at 11:38
The New Zealand dollar slipped today on the speculation that the New Zealand policy makers would refrain from increasing the interest rates because of the slower economic growth.

