The Great Britain pound attempted to rally today as the manufacturing Purchasing Managers’ Index rose but the currency was unable to hold onto gains and retreated below the opening level as of now.
January 29th, 2015 at 13:16
The Great Britain pound was mixed after today’s economic data from the United Kingdom. The currency was stable against the US dollar, fell versus the euro and rose versus the Japanese yen.
January 27th, 2015 at 14:35
The Great Britain pound fell against some of its major counterparts today as economic growth of the United Kingdom disappointed market participants. Surprisingly enough, the sterling was able to gain on the US dollar.
January 27th, 2015 at 12:55
Greenback is pulling back against its major counterparts today, heading lower with some correction in the market. Also sending the dollar lower are expectations that the recent dollar bubble might burst.
January 23rd, 2015 at 12:48
The euro jumped to the highest level since February 2008 against the euro today with the help of surprisingly good retail sales in the United Kingdom as well as yesterday’s monetary policy announcement from the European Central Bank. At the same time, the sterling dropped to the lowest level since July 2013 versus the US dollar.
January 23rd, 2015 at 11:37
Loonie continues to fall against the greenback, even though oil is a little bit higher today. The Canadian dollar is doing better against European currencies, though.
January 21st, 2015 at 14:49
The Great Britain pound sank today after the Bank of England released minutes of its latest policy meeting, revealing that voting for stable interest rates was unanimous.
January 20th, 2015 at 11:34
Euro continues to lose ground against the dollar and the pound as expectations of a bond purchase program become stronger. Many expect more quantitative easing from the European Central Bank, and that is weighing on the 19-nation currency.
January 13th, 2015 at 12:54
Disappointing inflation figures are causing some trouble for the pound today. Sterling is lower against the dollar, and, while recovering against the euro and yen, is still trading somewhat choppily against other currencies.
January 08th, 2015 at 16:46
The Great Britain pound rallied today following a positive report about house prices and the monetary policy decision made by the Bank of England. The currency dropped to the lowest level since July 2013 against the US dollar intraday but bounced to the opening level as of now.