The Great Britain pound was generally soft today, dragged down mostly by the market sentiment. Domestic employment data was mixed, providing both positive and negative surprises, and therefore giving no help for the currency in finding direction.
Average Weekly Earnings — News Archive
British Pound Falls on Rumors of Stalled Bi-Partisan Brexit Talks
April 16, 2019 at 17:46 Great Britain Pound
The British pound today fell to new weekly lows against the US dollar driven by rumors of stalled talks between the UK government and the opposition party. The GBP/USD currency pair was stuck in range up to the mid-London session when the Labour Party leader stated that there was no agreement on a customs union yet.
British Pound Rallies on Jobs Data, Falls on Brexit Uncertainty
March 19, 2019 at 16:42 Great Britain Pound
The Sterling pound today rallied higher against the US dollar following the release of a mostly positive UK labor market report in the early London session. The GBP/USD currency pair later retraced most of its gains as investors became worried about the Brexit process amid the UK political crisis.
British Pound Rallies on Upbeat UK Wages Data Amid Brexit Hopes
January 22, 2019 at 12:01 Great Britain Pound
The Sterling pound today rallied higher against the US dollar following the release of upbeat UK wages data in the early European session. The pound was also boosted by investor hopes of another Brexit referendum after the Labour Party introduced a motion to back the same in Parliament.
Pound Rallies on Brexit Hopes, Declines on Mixed UK Jobs Data
November 13, 2018 at 10:59 Great Britain Pound
The British pound today rallied higher and recovered from a 3-day losing streak as investors hoped for a breakthrough in Brexit negotiations. However, the lack of any tangible progress in the Brexit proceedings and the mixed UK jobs report released today stalled the cable’s rally.
Sterling Pound Rallies on Positive Brexit News and UK Jobs Data
October 16, 2018 at 11:10 Great Britain Pound
The Sterling pound today rallied higher after the release of positive UK jobs data especially the unexpected increase in wages in the three months to August. The GBP/USD currency pair’s rally was initially triggered by comments from Germany’s Europe minister who stated that the likelihood of a Brexit deal was high.
Sterling Pound Drops on Risk Aversion Despite Positive UK Jobs Data
September 11, 2018 at 13:40 Great Britain Pound
The Sterling pound today declined against the US dollar following the release of the latest UK jobs report in the early European session. The GBP/USD currency pair’s decline was largely due to risk aversion among investors reacting to the latest headlines in the Sino-US trade war.
British Pound Rallies Then Drops on Mixed UK Jobs Data
August 14, 2018 at 11:36 Great Britain Pound
The British pound today rallied briefly following the release of the UK labour market report for August, where the unemployment rate hit a new record low. The GBP/USD currency pair was weighed down by the higher than expected claimant count rate, which saw it drop from session highs back to its opening levels.
British Pound Rallies Higher on Mixed UK Jobs Data and Brexit Vote
June 12, 2018 at 18:13 Great Britain Pound
The British pound today rallied higher following the release of the latest UK employment report, which had mixed results. The GBP/USD currency pair later gave up most of its gains, but rallied higher in the American session as the UK Parliament voted on a crucial Brexit bill.
British Pound Remains Depressed on Mixed UK Jobs Report
May 15, 2018 at 11:09 Great Britain Pound
The British pound today remained depressed against the US dollar despite the release of the mostly positive UK labour market report for May. The increase in the 10-year US Treasury yields to levels above the crucial 3.00% level exerted downward pressure on the cable restricting any positive moves by the currency pair.