United Kingdom — News Archive


Great Britain Pound Halts Decline After Optimistic Speech from Michael Saunders

The Great Britain pound rose today (though the gains were very limited) following the rather optimistic speech from Michael Saunders, Bank of England policy maker.

British Pound Falls as Traders Anticipate Theresa May’s Speech

The British pound moved lower on Thursday on increased concerns about a speech British Prime Minister Theresa May will give next week. Traders worried that May’s speech, which was announced today, will suggest a hard Brexit for the United Kingdom.

British Pound Drops to Lowest Level in Almost 3 Months

The British pound declined on Wednesday, as traders felt more anxious about the future road of Brexit. Recent comments from UK Prime Minister Theresa May increased fears of a hard Brexit and overshadowed strong economic data.

Theresa May Claims Markets Misinterpreted Her Words, Pound Stays Weak

The Great Britain pound remained weak during the current trading session following yesterday’s comments from Britain’s Prime Minister Theresa May even though she claimed that media misinterpreted her words.

Prime Minister’s Comments Drive Sterling Down

The Great Britain pound fell against its most-traded peers, dropping to the lowest level since October against some rivals, during Monday’s trading as comments from Britain’s Prime Minister Theresa May fueled concerns about the “hard” Brexit.

British Pound Rises Against US Dollar on Positive Economic Data in the UK

The British pound had some minor gains against the dollar on Wednesday, while remaining largely unchanged against the euro. The British currency benefited from fresh data that showed improving construction sector and higher consumer credit in the United Kingdom.

British Pound Touches Its Lowest Level Since October Against US Dollar

The British pound touched its lowest level in two months against the US dollar on Tuesday, as the greenback gained more strength against its main peers. Traders expect the US currency to continue its strong performance in the first quarter of 2017.

Great Britain Pound Remains low Despite Release of Positive Economic data

There was minimal upward movement in the Great Britain pound despite positive economic data released today by the Office for National Statistics indicating that the UK economy was experiencing positive growth. The pound rose briefly against other currencies such as the euro and the US dollar before retracing its gains.

Great Britain Pound Pauses Decline on Thursday

The Great Britain pound fell a bit on Wednesday, though paused its decline during Thursday’s early trading. The currency started a rally in October but has halted it in the middle of December and now is in a bearish mode.

British Pound Drops as UK Politicians Disagree on Brexit Plans

The British pound moved lower against the US dollar and the euro on Tuesday, as Scotland’s First Minister Nicola Sturgeon and UK Prime Minister Theresa May disputed over the future of the UK in the European Union.