House Prices — News Archive

Pound Drops vs. Dollar, Gains on Euro

The Great Britain pound fell against the US dollar during the current trading session as today’s data showed decline of UK house prices. The general risk-off market sentiment was not helping the currency to hold ground against the greenback though it allowed the sterling to outperform the euro.

Housing Data Supports Sterling’s Rally

The Great Britain pound gained today as UK house prices were rising with accelerating pace this month, alleviating some fears that investors have had about Britain’s economy. Experts are still skeptical about the pound’s ability to keep rising, though.

Sterling Joins Rally After Fed Drives Dollar Lower

The Great Britain pound was falling earlier today as economic data from the United Kingdom was mixed, but the sterling joined the rally together with other currencies after the minutes of the Federal Reserve policy meeting led to the drop of the US dollar.

Britain’s Sterling Shows Resilience Despite Negative Data

The Great Britain pound showed resilience despite negative domestic data. The currency held steady today after a small drop against the US dollar and the euro yesterday. The sterling even managed to rise against the Japanese yen.

Pound Under Pressure as UK Recovery Wanes

Poor economic data was weighing on the Great Britain pound recently, and today’s trading session was not different. Housing and trade data came out worse than was expected, suggesting the Britain’s recovery is losing steam. The Bank of England remained passive at today’s policy meeting.

Pound Stays Strong, Endangering UK Economy

The Great Britain pound fell at the first half of today’s trading session as another set of poor economic indicators was released. Yet the currency managed to bounce in the second half, trimming its losses against the euro and gaining on the US dollar and the Japanese yen.

Loonie Experiences Mixed Trading Day

The Canadian dollar had a mixed trading session today as fundamentals were confusing and did not give a clear direction for the currency to go. Over the longer term, the loonie still maintains its bullish bias against the US dollar and the euro and remains flat versus the Japanese yen.

UK Pound Gains as HPI Rises

The Great Britain pound advanced today after a good report about house prices, yet gains were limited as not all today’s data from the United Kingdom was particularly good.

Aussie Looks for Direction amid Conflicting Fundamentals

The Australian dollar did not move far in either direction today amid conflicting fundamentals. The currency has an upward bias against the Japanese yen and slightly downward bias versus the US dollar and the euro.

Positive Data Helps GBP Reach Multi-Year Record vs. USD

The Great Britain pound rose today, reaching new highs versus the US dollar, as economic reports from the United Kingdom were mostly good, confirming that recovery of the UK economy is gaining momentum.

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