Great Britain — News Archive

Great Britain Pound Holds Ground After Employment Disappoints

Today’s unemployment data from the United Kingdom was rather disappointing yet it did not hurt the Great Britain pound much. The currency held relatively well against its major counterparts, rallying versus the euro and the Japanese yen and staying flat versus the US dollar.

Sterling Leaps After Carney Talks About Higher Interest Rates

The Great Britain pound surged against its major rivals today after comments of the nation’s central bank head Mark Carney who spoke about higher interest rates. On the negative side, today’s economic data from the United Kingdom was somewhat soft.

Pound Rallies, Boosted by UK Data & Market Sentiment

The Great Britain pound rallied today, getting help both from domestic macroeconomic reports and the positive general market sentiment. The currency jumped almost 2 percent against the Japanese yen.

Pound Gains After BoE Makes Policy Announcement

The Great Britain pound edged higher against the US dollar and the Japanese yen today after the Bank of England announced that it is leaving its monetary policy unchanged. The sterling’s gains versus the greenback were limited while the rally versus the yen was rather substantial.

Pound Ends Friday with Losses, Erasing Earlier Rally

The Great Britain pound dropped by the end of Friday’s trading following the rally earlier during the session. The rally was caused by the better-than-expected data about the UK services sector.

GBP Lower vs. USD & JPY, Higher vs. EUR After Mixed Data

The Great Britain pound edged a little lower against the US dollar and the Japanese yen but gained on the euro today after the release of macroeconomic data from the United Kingdom. The reports were mixed, providing no clear direction for the currency.

Pound Steady vs. Dollar, Lower vs. Yen After Retail Sales Survey

The Great Britain pound was little changed against the US dollar and fell versus the Japanese yen today as data showed that retail sales slowed in the United Kingdom this month.

Pound Gains on Dollar Ahead of US GDP Report

The Great Britain pound gained on the US dollar and was little changed against the euro today. Moves were limited as traders waited for data from the United States and the resolution of the Greek situation.

Pound Underperforms Despite Supportive Data

The Great Britain pound fell against the US dollar and was little changed versus the Japanese yen today even though the recent economic reports from the United Kingdom were positive and should have been supportive for the currency.

Sterling Leaps After Upbeat Data

The Great Britain pound leaped today after the fairly upbeat employment data from the United Kingdom. The sterling reached the strongest level since May 15 against the US dollar and the highest since September 2008 versus the Japanese yen.

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