Great Britain — News Archive


Pound Ends Friday with Losses

The Great Britain pound ended Friday with losses amid speculations that the United Kingdom may start the process of leaving the European Union in the first half of 2017, ahead of the important elections in Germany and France.

Pound Rises with Strong Retail Sales

The Great Britain pound gained today with the help of surprisingly strong retail sales. It was just another evidence that the Brexit had no impact on Britain’s economy, at least not yet.

Pound Jumps with Improving Economic Indicators

The Great Britain pound jumped today as macroeconomic data released from the United Kingdom suggested that the impact of the Brexit had not yet hit the nation’s economy.

Pound Drops for Fifth Day Against Dollar

The Great Britain pound fell for the fifth straight trading session against the US dollar and also dropped against other major rivals even though some of the macroeconomic reports released today were good.

Pound Suffers Weekly Losses as BoE Implements QE

The Great Britain pound dropped during the past trading week as the Bank of England moved forward with monetary stimulus, introducing substantial easing measures in hopes to help Britain’s economy to weather the impact of the Brexit.

Sterling Recovers Following Plunge on BoE Stimulus

The Great Britain pound is recovering today after yesterday’s drop that followed the announcement of additional stimulus package from the Bank of England.

Pound Down as BoE Steps in with Expanded Stimulus

The Great Britain pound dropped today after the Bank of England cut its interest rates, expanded its stimulus program, and lowered the growth forecast.

Great Britain Pound Near Opening After Poor Services PMI

The Great Britain pound was falling today and continued to decline after the poor report about the UK services sector. Yet now the currency has reversed its movement and trades close to the opening level.

Pound Goes Down as UK Manufacturing PMI Revised Lower

The Great Britain pound moved lower against its major rivals during Monday’s trading as the nation’s manufacturing sector contracted in July even more than had been previously estimated.

Sterling Jumps After BoE Delays Monetary Easing

The Great Britain pound climbed today after the Bank of England surprised markets, leaving its monetary policy unchanged.