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UK Economic Reports Fail to Impress, Sterling Under Pressure

The Great Britain pound dropped today as basically all reports released from the United Kingdom during the current trading session were bad and missed market expectations.

Brexit Fears & Poor Macroeconomic Data Drive Pound Down

The Great Britain pound fell today, trading near the lowest level since January 17 versus the US dollar, driven down by Brexit fears and poor macroeconomic reports.

Britain’s Pound Retreats, Finding No Support from Fundamentals

The Great Britain pound declined against most of its major rivals as economic data released over the trading session was not positive for the currency, while concerns about the Brexit erode investors’ interest in British assets.

Pound Starts Week Sharply Lower

Fears of the “hard” Brexit continue to drive the Great Britain pound, which opened sharply lower on Monday after the weekend article from The Sunday Times.

Australian Dollar Etches Small Gains After Economic Releases

The Australian dollar etched small gains against some of most-traded currencies after the release of macroeconomic reports from Australia as well as from China, Australia’s biggest trading partner.

Sterling Drops, Hurt by Britain’s Manufacturing Data

The Great Britain pound dropped today as the surprisingly poor manufacturing report hurt the currency’s appeal to investors, overshadowing decent housing data.

Aussie Higher vs. Greenback & Euro After RBA Minutes

The Australian dollar was mildly higher against its US counterpart and the euro after the minutes released by the Reserve Bank of Australia showed that the central bank was not in a hurry to cut interest rates further.

Aussie Finds Help of House Prices & Stevens’ Speech

The Australian dollar gained against the US dollar and the euro today after the release of housing prices data and the speech of central bank chief.

Pound Mixed After UK Data Disappoints

The Great Britain pound fell against the euro today due to poor UK economic data and fears of the Brexit. Nevertheless, the sterling was able to gain on such major rivals as the US dollar and the Japanese yen.

Australian Dollar Higher After Economic Data & RBA Minutes

The Australian dollar ticked up a little against the US dollar and the Japanese yen today, lifted by positive domestic macroeconomic data and minutes of the latest central bank’s meeting.

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