The Great Britain pound declined today even though macroeconomic data from the United Kingdom was encouraging. The housing market looked particularly good as demand for property rose to its highest level in over three years.
The US dollar has rallied last week and the rally was strong. Will the advance continue this week? Most analysts believe it will, but there may be obstacles for the currency.
May 09th, 2013 at 22:38
The Great Britain pound fell against the US dollar today even as the Bank of England maintained the monetary policy the same, refraining from additional easing. The currency rose against the euro and the Japanese yen though.
May 08th, 2013 at 20:39
The Great Britain pound advanced today on speculations that the recent string of positive reports will encourage the Bank of England to refrain from adding to monetary stimulus on tomorrow’s meeting. The currency went down against the euro.
The Great Britain pound felt itself strong recently, but was a bit soft at the start of today’s trading session. Will the currency be able to maintain its rally this week?
May 04th, 2013 at 13:29
The Great Britain dollar was rallying this week as positive macroeconomic data confirmed economic recovery in the country that recently emerged from recession. Fundamentals outside of Britain also helped the currency.
The Great Britain pound rose today as data showed that the service sector expanded last month faster than was expected, adding to signs of economic recovery in the United Kingdom.
May 02nd, 2013 at 9:32
The Great Britain pound remained strong today as data showed that the construction sector shrank last month less than was predicted by analysts, giving hope that the UK economy is recovering.
May 01st, 2013 at 10:09
The Great Britain pound rallied today even as data showed that manufacturing shrank last month. The good part of the report was that the sector’s decline was smaller than anticipated by analysts.
April 30th, 2013 at 8:30
The Great Britain pound was little changed today even after UK consumer confidence unexpectedly fell this month, suggesting that the Britain’s problems did not end yet.