UK fundamentals were mixed today, resulting in no clear trend for the Great Britain pound. The currency rose against the US dollar, fell versus the Japanese yen and was little changed against the euro.
Royal Institution of Chartered Surveyors — News Archive
June 11th, 2013 at 21:15
May 14th, 2013 at 12:43
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.
December 14th, 2012 at 21:48
The Great Britain pound advanced today, rising for the fourth straight session versus the Japanese yen, as this week’s macroeconomic data suggested that the UK economy is recovering from the recession. The currency declined against the euro.
December 11th, 2012 at 10:26
The Great Britain pound was trading sideways and is currently showing an upside bias after the RICS house price balance unexpectedly worsened last month, but analysts thought that the housing market is stabilizing.
November 13th, 2012 at 11:58
The Great Britain pound advanced versus the US dollar and the euro today as almost all economic reports from Britain were better the expected, while the eurozone provided a set of disappointing data, increasing the appeal of the sterling as a haven from Europe’s crisis.
September 11th, 2012 at 15:59
The Great Britain pound jumped against the US dollar, reaching the highest level in 4 months, today after macroeconomic reports showed that trade balance and house prices improved, easing fears about the stagnating UK economy.
June 13th, 2012 at 0:01
The Great Britain pound gained today as Forex traders quickly lost belief that the bailout for Spain would resolve the countries problems. Fears returned to the FX market and pound again was considered a refuge from Europe’s woes.
The Great Britain pound dropped today house price balance fell last month more than was predicted by analysts, spurring speculation that additional stimulus from the Bank of England should be expected.
March 08th, 2011 at 22:00
The Great Britain pound slipped today against the US dollar as the reports today showed that the retail sales decreased and the house prices dropped in Britain. The sterling advanced versus the Japanese yen and the euro.
August 06th, 2009 at 13:34
The pound is trading near a 9-month high versus the U.S. dollar as multiple news brought traders to the renewed attractive profile of the British currency, which is expecting a rebound in the U.K.’s housing market before the end of the year.