Great Britain — News Archive


Pound Ends Trading Lower as Boris Johnson Hints at Brexit Timing

The Great Britain pound ended trading lower against its major peers, being dragged down by comments from British Foreign Secretary Boris Johnson, who signaled that the process of Britain’s exit from the European Union may start earlier than it was previously anticipated.

Pound Drops, Heads to Weekly Losses

The Great Britain pound fell today, heading to the worst week in five. Apparently, Brexit fears have returned to the market, driving speculators away from the currency.

Pound Somewhat Soft After BoE Policy Announcement

The Great Britain pound fell today (though the drop was limited) after the Bank of England left its monetary policy unchanged but signaled that additional stimulus remains a possibility.

Pound Down as Inflation Misses Expectations

The Great Britain pound slipped against its major rivals as inflation data disappointed market participants, failing to reach the levels predicted by experts. Losses were limited though.

Great Britain Pound Steady

The Great Britain pound was steady today following the release of economic indicators over the Friday’s trading session.

Pound Higher vs. Dollar on UK Services PMI, Fails to Beat Yen

The Great Britain pound rallied against the US dollar for the fourth straight trading session, reaching the highest level in month and a half, after the UK services sector demonstrated a strong bounce last month. The currency was mostly higher against other majors as well but fell versus the Japanese yen, ending its four-day streak of gains.

Pound Little Changed After UK Construction PMI Improves

Today, yet another macroeconomic indicator added to evidences of an improving economy in the United Kingdom. Unlike yesterday though, the Great Britain pound demonstrated anemic reaction to positive news.

UK Pound Climbs with Help from Manufacturing

The Great Britain pound rallied today, boosted by the surprisingly strong manufacturing sector, reaching the highest level in about a month against some of its major rivals.

Dollar Ends Week with Gains, Supported by Yellen

The US dollar ended the week with gains against most major currencies (but not versus the Great Britain pound). The reason for the good performance was the outlook for monetary tightening, supported by comments from Fed Chair Janet Yellen.

Pound Firm During Tuesday’s Trading

The Great Britain pound was relatively firm during the Tuesday’s trading session. Analysts offer various explanations for the currency’s good performance.