Pound — News Archive


UK Pound Gets Boost on Forecasts

UK pound is mostly higher today, getting some help from better performances by commodities, as well as improved forecasts for next year.

UK Pound Trades Mixed After Data, ECB Announcement

UK pound is trading mixed today as Forex traders and others consider where sterling might go from here. Recent economic data was disappointing, and the latest ECB announcement didn’t meet market expectations.

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.

UK Pound Mostly Lower on Retail Sales Data

It’s been a choppy couple of days for the UK pound. Thanks to data releases and speculation, things are a little unsettled. Sterling is mostly lower today, thanks to the latest retail sales information.

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.

Warnings Against Brexit Continue as UK Pound Trades Mostly Lower

UK pound is mostly lower today, thanks to yesterday’s rate news from the Bank of England. Also, concern that the UK might leave the European Union is affecting the sterling a little bit.

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.

Pound Flat vs. Dollar, Gains on Yen

The Great Britain pound was little changed against the US dollar and gained on the Japanese yen even though today’s report showed that growth in the UK construction sector slowed. Yesterday, the currency performed worse even though economic data was far better.