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Category: Dollar

Sterling Continues To Push

Sterling fell against the dollar but made ground versus the euro this morning, before Bank of England Governor Mark Carney and several his chief lieutenants testify in Britain’s parliament. The […]

UK Retail Sales Shock Sterling

Sterling sank by 0.5% on the day against the dollar and Euro this morning after British retail sales racked up their third monthly fall on the trot in January, disappointing […]

Sterling Edges Higher

Sterling gained around half a percent against the dollar this morning, tracking broader moves in major currencies after some caution about the underlying strength of the U.S. economy set in […]

UK Inflation Lower Than Expectations

British households kept a tighter grip on their credit cards last month as spending grew at one of the slowest annual rates of the past three years, data showed, adding […]

Pound Edges Up Against Euro

Sterling edged up this morning, extending its winning streak against the euro for a sixth straight day after enjoying a boost from last week’s better-than-expected manufacturing and trade data. The […]

UK Data Better Than Expectations

British manufacturing grew more strongly than expected in December, showing the economy remained resilient to the end of the year despite June’s Brexit vote shock, although 2017 looks like it […]

GBP Continues To Perform Well

Sterling traded at its highest in a week today after some more upbeat British housing data helped soothe nerves over economic growth and the government eased past parliamentary roadblocks to […]

Pound Gains Against Euro & Dollar

The British pound steadied around $1.25 this morning after a series of swings a day earlier driven by competing signals on the outlook for growth, interest rates and Britain’s withdrawal […]

Sterling Slips For Second Day

Sterling fell another 0.4 percent this morning after a fall in a closely-watched services sector indicator reawakened concerns over the impact of last year’s Brexit vote on a previously resilient […]

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