GBP/USD — News Archive

    Archives

EUR/USD Declines As US Treasury Yields Continue to Rise

EUR/USD declined today ahead of tomorrow’s European Central Bank meeting. The US dollar also rallied against other most-traded currencies, supported by rising US Treasury yields.

Pound Rallies Higher Boosted by Improved Public Sector Finances

The British pound today rallied slightly against the US dollar following the release of upbeat UK public sector finances report early in the European session. The GBP/USD currency pair was on track to reverse the massive decline that occurred during the last 5 trading sessions where the pair lost over 450 points.

GBP & CAD Fall on Poor Data, Interest Rate Outlook

The Great Britain pound fell during the past trading week on poor macroeconomic data and concerns that the Bank of England will postpone the planned interest rate hike. The Canadian dollar had the similar issues.

British Pound Declines on Weak UK Retail Sales Data, Later Rallies

The British pound today declined against the US dollar following the release of disappointing UK retail sales data in the early European session. However, the pound recovered almost immediately and went on to hit a daily high in the mid-European session, before declining from the early American session.

British Pound Declines Against US Dollar on Weak UK Inflation Data

The British pound today dropped significantly against the US dollar following the release of disappointing UK Consumer Price Index data in the early European session. The pound’s decline started during yesterday session after the release of weak UK wages report and upbeat US housing report, which made the pound drop from its post-Brexit highs.

GBP/USD Declines on Mixed UK Jobs Report and Upbeat US Housing Data

The GBP/USD currency pair today traded lower after the release of mixed UK labour market report in the early European session. The currency pair cemented its losses during the early American session after the release of upbeat US housing data amid a resurgence in US dollar demand.

Dollar Mixed After FOMC Policy Minutes

The US dollar was mixed following today’s release of policy minutes by the Federal Open Market Committee. The currency fell against some rivals, while gained on others (primarily the riskier ones linked to the commodity market).

British Pound Drops Slightly on Mixed UK Economic Releases

The British pound today dropped slightly against the US dollar following a deluge of mixed releases from the UK docket including the crucial manufacturing production data. The GBP/USD’s decline was further accelerated by profit taking as most traders closed their trades following the currency pair’s massive rally, which started on Friday last week.

US Dollar Ends Week Mixed, Canadian Dollar Strongest

The US dollar ended the week mixed, rising against such majors as the euro and the Japanese yen, but falling versus such currencies as the Great Britain pound and the Canadian dollar. While nonfarm payrolls was the main economic release during the past week, traders paid more attention to escalation of trade war rhetoric between the United States and China.

US Dollar Soft After Underwhelming NFP, Trade War Escalation

The US dollar dropped against its most-traded peers today following the release of surprisingly underwhelming jobs data and signs of escalation of trade tensions between the United States and China.

Navigation

Menu