Pound — News Archive

Pound Steady vs. Dollar, Lower vs. Yen After Retail Sales Survey

The Great Britain pound was little changed against the US dollar and fell versus the Japanese yen today as data showed that retail sales slowed in the United Kingdom this month.

Pound Gains on Dollar Ahead of US GDP Report

The Great Britain pound gained on the US dollar and was little changed against the euro today. Moves were limited as traders waited for data from the United States and the resolution of the Greek situation.

Pound Underperforms Despite Supportive Data

The Great Britain pound fell against the US dollar and was little changed versus the Japanese yen today even though the recent economic reports from the United Kingdom were positive and should have been supportive for the currency.

UK Pound Trades Mixed Against Other Major Currencies

UK pound is trading mixed today as the focus shifts away from the sterling and attention is given to other currencies and their situations.

Sterling Leaps After Upbeat Data

The Great Britain pound leaped today after the fairly upbeat employment data from the United Kingdom. The sterling reached the strongest level since May 15 against the US dollar and the highest since September 2008 versus the Japanese yen.

Pound Higher as UK Exits Deflation

The Great Britain pound was generally higher today after the data showed that the United Kingdom exited deflation last month. Other economic reports were not as good, but that did not prevent the currency from rising.

Great Britain Pound Dips as Greek Talks Fails

The Great Britain pound dipped against the US dollar and erased its earlier gains versus the Japanese yen today as traders have flocked to safer currencies after the weekend talks between Greece and its creditors had failed.

Detrimental Fundamentals Don’t Deter Pound from Rising

Lately, macroeconomic fundamentals were detrimental to the Great Britain pound, but that did not prevent the currency from ending Friday with gains. In fact, the sterling reached the highest level since September 2008 against the Japanese yen.

Even Trade Data Can’t Help UK Pound

UK pound is still struggling, even after the release of positive trade data. Concerns about a possible exit from the European Union are causing concern for the sterling.

Sterling Drops vs. Dollar, Fares Better vs. Other Majors

As most other currencies, the Great Britain pound fell against the US dollar today after the release of non-farm payrolls. The sterling fared better against other majors, including the euro.

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