GBP/USD — News Archive

    Archives

Sterling Pound Drops on BoE Rate Decision and Brexit Headlines

The Sterling pound today fell to new lows against the US dollar as it was buffeted by negative Brexit headlines from the early London session. The GBP/USD currency pair later fell to new record lows on rumors that the EU will allow an extension of Article 50 up to May 22, which is quite short.

US Dollar Falls As ‘Patient’ Fed Signals One Rate Hike in 2019

The US dollar is holding steady midweek as the Federal Reserve concluded its two-day policy meeting. The US central bank did not pull off any surprises on Wednesday, signaling that it has become far more bearish than in previous meetings, whether it relates to policy maneuvers or economic estimates.

Pound Slumps on Short Brexit Extension Request, Mixed CPI Data

The British pound today fell to new 1-week lows against the US dollar after the UK Prime Minister confirmed that she had requested for a short Brexit extension from the EU. The GBP/USD currency pair had traded sideways before heading lower amid mostly neutral investor sentiment and a positive reaction to the latest UK inflation report.

British Pound Rallies on Jobs Data, Falls on Brexit Uncertainty

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.

Pound Ends Week Strongest, Future Uncertain

The Great Britain pound ended the past trading week as the strongest currency on the Forex market thanks to the Brexit developments. But with no trade deal in sight and the uncertainty surrounding the outcome of the talks between the United Kingdom and the European Union, analysts are skeptical that the sterling will be able to keep the upside momentum for long.

British Pound Falls Ahead of UK Article 50 Extension Vote

The British pound today fell from intra-day lows against the US dollar as investors awaited the crucial vote on a second Brexit referendum. The GBP/USD currency pair yesterday rallied to multi-month highs after UK leaders voted to take a no-deal scenario off the table.

Great Britain Pound Ignores Positive Data, Falls on Brexit Drama

A slew of macroeconomic reports was released today, and most of them were positive. Yet the Great Britain pound reversed its earlier gains nonetheless as the Brexit drama continued with some negative developments.

Great Britain Pound Surges After Changes Made to Brexit Deal

The Great Britain pound was rallying on Monday on hopes that the UK and EU leaders will be able to negotiate a new Brexit deal, resolving the Irish backstop issue. The sterling continued to move higher at the start of the Tuesday’s session after changes to the deal were indeed made.

British Pound Rallies on Market Hopes for Last Minute Brexit Deal

The British pound today rallied higher against the US dollar driven by investors hope that a last-minute Brexit deal could be reached before tomorrow’s crucial vote. The British Prime Minister was en-route to Strasbourg at the time of writing in a last-minute effort to secure a new deal and resolve the thorny Irish backstop issue by tomorrow.

British Pound Declines on Brexit Cloud Amid Strong US ISM Data

The Sterling pound today fell against the US dollar despite the release of an upbeat fundamental print from the UK docket. The GBP/USD currency pair was weighed down by the looming Brexit deadline, which is just 24 days away with little sign of a deal being signed within the time left.

Navigation

Menu