Great Britain — News Archive


Pound Stabilizes as Retail Sales Beat Expectations

The Great Britain pound stabilized today following yesterday’s losses. One of the possible reasons for the decent performance was the better-than-expected retail sales report.

Pound Continues to Move Lower Against Dollar

The Great Britain pound continued to move lower against the US dollar today after demonstrating the biggest one-day loss since February yesterday. Surprisingly enough, the currency performed even worse than the euro.

Great Britain Pound amid Political Turmoil

The Great Britain pound fell today as the split in the ruling Conservative party led to concerns that Prime Minister David Cameron may have problems in holding his party together in voting for staying in the European Union.

Pound Ends Trading with Gains

The Great Britain pound has ended today’s trading with gains against its most-traded rivals after the release of domestic economic reports that were relatively good.

Pound Rises vs. Euro, Loses Gains vs. Dollar

The Great Britain pound rose against the euro today with the help of a relatively positive manufacturing report. The currency was less successful against the dollar, losing initial gains and falling below the opening level.

Pound Mixed After UK Data Disappoints

The Great Britain pound fell against the euro today due to poor UK economic data and fears of the Brexit. Nevertheless, the sterling was able to gain on such major rivals as the US dollar and the Japanese yen.

Sterling Ends Week as Biggest Loser due to Brexit Fears

The main theme on the currency markets last week was a potential exit of Great Britain from the European Union. Obviously, this led to weakness of the sterling, which has ended the week as the biggest loser among major currencies, though the euro was not immune as well.

Pound Fails to Rally, Trades Close to Opening

The Great Britain pound has attempted to rally during the current trading session but failed and is trading near the opening level as of now.

Pound Rises, Remains Near Multi-Year Lows

The Great Britain pound rose a little today but was still trading near the seven-year low versus the US dollar and also near the multi-year low against the Japanese yen.

UK Pound Dives on Brexit Fears

The Great Britain pound fell on Monday as the market was plagued by concerns that the United Kingdom may exit the European Union. Traders did not like the lack of clarity about whether Great Britain stays in the union or not as well as uncertainty about what an exit would mean for the economy of the country.