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.
House Prices — News Archive
Pound Gains Ahead of BoE Meeting
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.
Another Good Week for GBP?
May 06th, 2013 at 23:40
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?
GBP Gains on EUR as House Prices Grow, Soft vs. USD
April 15th, 2013 at 12:01
The Great Britain pound rose against the euro today as house prices increased last month in the United Kingdom. The sterling was soft against other most-traded currencies, including the US dollar.
CAD Touches 7-Week High vs. USD
April 12th, 2013 at 1:33
The Canadian dollar touched the highest level in seven weeks against its US counterpart as the positive market sentiment drove investors to assets that offer higher risk, but also bigger yield.
GBP/USD Touches Lowest Since July 2010
March 01st, 2013 at 12:29
The Great Britain pound dropped today after a report showed that the manufacturing sector unexpectedly contracted last month. The currency reached the lowest level since July 2010 against the US dollar.
AUD Weak After RBA Statement, Manages to Rise vs. JPY
The Australian dollar fell today after the Reserve Bank of Australia indicated in its policy statement that an interest rate cut is likely in the future. The currency rose a little against the Japanese yen as other news from Australia was positive for the most part.
Sterling Rises with Consumer Confidence & House Prices
January 31st, 2013 at 9:24
The Great Britain pound advanced today, rising for the third straight session against the US dollar, as consumer confidence improved and growth of house prices beat forecast in the United Kingdom this month.
Sterling Weak as Britain’s House Prices Stall
January 28th, 2013 at 10:11
The Great Britain pound dropped today after a report showed that house prices did not grow this month after falling in the previous months. The data added to the previous signs of economic weakness in the United Kingdom.
GBP/USD Rises from Lowest Since November, GBP/JPY Drops
January 21st, 2013 at 9:55
The Great Britain pound rose against the US dollar today for the first time in seven sessions as house prices advanced this month. The currency extended its drop versus the Japanese yen for the second day.
