The Great Britain pound strengthened against the euro and fell versus the US dollar after the Bank of England decided today to leave the interest rates and its program of asset purchases unchanged today.
Rising Services PMI Pushes Pound Further Up
February 03rd, 2011 at 15:10
The Great Britain pound rose today for a fourth day as the growth of the UK service industries in January was better than the economists predicted, reinforcing the outlook for a interest rates hike by Britain’s central bank.
Pound Extends Gains on Expanding Construction Sector
February 02nd, 2011 at 13:03
The Great Britain pound continued its rally today, rising for a third day against the US dollar, as the report showed that UK construction sector returned to growth in January.
Pound Rallies on Anticipation of Interest Rates Hike
February 01st, 2011 at 4:07
The Great Pound posted an impressive advance for the second day today as more and more policy makers are starting talking about necessity of the interest rates increase to suppress the accelerating inflation.
Britain’s Pound Goes Down as Consumer Confidence Slumps
January 28th, 2011 at 13:30
The Great Britain pound were attempting to advance on the previous two days, but the potential rally was cut short as the consumer UK confidence experienced a significant decline.
Pound Regains Strength on MPC Minutes
January 26th, 2011 at 12:42
The Great Britain pound recovered today as the minutes of the Bank of England Monetary Policy Committee meeting showed that more policy makers voted for an increase of the interest rates than on the previous meetings.
Declining UK GDP Hurts British Pound
January 25th, 2011 at 16:55
The Great Britain pound slumped today after the report showed that Britain’s GDP unexpectedly shrank, causing doubts about the nation’s ability to deal with the budget deficit.
Pound Up on Accelerated Inflation
January 18th, 2011 at 14:08
The Great Britain pound rose against all other major currencies (except euro) today, as the December inflation in United Kingdom surged above the expectations.
Sterling Falls vs. Euro as Key Interest Rate Remains Unchanged
January 13th, 2011 at 15:02
The Great Britain pound weakened versus the euro today as Britain’s central bank kept the interest rates unchanged and the outlook for European economy improved. The currency continued its advance against the US dollar.
Pound Rises as UK Economy Looks Stronger Than EU Economy
January 12th, 2011 at 1:21
The Great Britain pound gained today as the speculation that the economy of Britain will prove to be stronger that the economy of the European Union boosted the appeal of Britain’s currency.
