Great Britain — News Archive

Great Britain Pound Falls After Bank of England Meeting

The Great Britain pound fell following the Bank of England’s monetary policy meeting. The policy minutes were not particularly hawkish, leading to speculations that British policy makers could be forced to leave interest rates at the record low for a prolonged period.

Pound Gains as Construction Accelerates

The Great Britain pound gained today after a report showed that UK construction accelerated last month, adding to positive data released earlier this week.

Economic Reports Spark Rally of Great Britain Pound

The Great Britain pound rallied today, boosted by a couple of favorable macroeconomic reports released from the United Kingdom during the Wednesday’s trading session.

Positive Data Doesn’t Help Pound to Rally

The Great Britain pound moved lower against its major counterparts today even though macroeconomic data from the United Kingdom was supportive for the currency.

Great Britain Pound Slumps After UK Budget Deficit Widens

The Great Britain pound slumped against the major peers today. Domestic macroeconomic data was detrimental to the currency, showing that the budget deficit widened last month.

Great Britain Pound Lifted by UK Employment Data

The Great Britain pound climbed against its major peers today as employment data for July released from the United Kingdom was well-received by the Forex market, fueling talks about an interest rate hike from the Bank of England in a relatively near future.

Pound Lower vs. Dollar, Fares Better vs. Yen

The Great Britain pound dropped today as basically all economic reports from the United Kingdom were bad. The currency managed to maintain the rally against the Japanese yen but had no such luck versus the US dollar.

GBP Falls for Ninth Session vs. USD

The Great Britain pound dropped for the ninth consecutive day against the US dollar today. The currency was dragged down both by domestic reports and news from abroad.

Pound Soft Even as Carney Talks About Tightening

The Great Britain pound was very soft against its major rivals on Monday. The currency demonstrated unimpressive performance even though the head of the nation’s central bank confirmed during the weekend that policy makers still plan to tighten monetary policy down the road.

Pound Extends Decline for Third Session

The Great Britain pound extended its drop for the third straight day against the US dollar during the Friday’s trading session. The currency found little support from domestic macroeconomic data even though indicators were rather good.



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