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Great Britain Pound Holds onto Gains vs. Dollar, Lower vs. Yen

The Great Britain pound lost some of its gains against the US dollar today, though not all of them, after the UK manufacturing index came out lower than market expectations. The sterling was falling against other major peers, including the Japanese yen.

Pound Gains Even as Economic Growth Slows

The Great Britain pound gained today even though Britain’s economic growth slowed more than was estimated previously, meaning that the nation’s central bank has less incentive to start hiking interest rates.

Sterling Down as Wage Inflation Falls

The Great Britain pound fell today after the employment report showed that wage inflation decreased, giving Britain’s central bank little incentive to start raising interest rates. There were good news in the report as well, but it hardly affected the sterling.

GBP Weaker vs. USD, Flat vs. JPY & EUR

The Great Britain pound fell against the US dollar today due to the policy divergence between the central banks of the United States and Great Britain. Tuesday’s data from the United Kingdom was positive enough to allow the sterling to hold ground versus the Japanese yen and the euro.

Pound Rebounds vs. Dollar, Falls vs. Other Major Rivals

The Great Britain pound bounced against the US dollar after yesterday’s drop. The currency declined against other major rivals, including the euro, as the monetary policy decision of Britain’s central bank continued to weigh on the sterling.

UK Sterling Down on Diminishing Prospects for Rate Hike

The Great Britain pound fell today due to concerns that the struggling economy will not allow the nation’s central bank to raise interest rates as soon as was expected.

Sterling Gains on Dollar Despite Retail Sales, Drops vs. Other Majors

The Great Britain pound gained on the US dollar even though the retail sales report released from the United Kingdom today was disappointing. Against other major currencies, the sterling declined.

Pound Bounces After UK Inflation Data

The Great Britain pound was falling at the start of today’s trading session but bounced after the release of inflation data, rising above the opening level.

Pound Rises, Shrugs Off Negative Jobs Data

The Great Britain pound rose even though UK employment data released today was detrimental to the currency for the most part.

GBP Edges Higher vs. JPY as UK Services PMI Improves

The Great Britain pound gained against the Japanese yen but remained flat against the US dollar during the current trading session. The currency got support from the report that showed an improvement of the services sector.

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