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GBP/USD Little Changed, U.K. Construction orders Flat
Friday, March 10, 2017 - 6:45am | 50GBP/USD is trading at 1.2158, up 0.0005. The U.K. Office for National Statistics reported that year over year construction orders were flat during the fourth quarter versus a rise of 5.5 percent in the third quarter. Year over year construction output rose 2 percent in January versus a 2.6 percent...
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GBP/USD Moves Down
Thursday, March 9, 2017 - 6:51am | 50GBP/USD is trading at 1.2147, down 0.0026. The pair is trading near the session lows. Chatter about global headline news and comments from policy makers is making the rounds. The U.K. Office for National Statistics (ONS) is scheduled to release U.K industrial production data Friday at 4:30 a.m....
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The British Pound Is Trading At A 7-Week Low, And Some Analysts See Further Downside
Wednesday, March 8, 2017 - 9:41am | 324The British pound's declined continued on Wednesday and was trading at $1.2178, marking the lowest level it has been trading at in seven weeks. According to the U.K.-based Independent, the British government released its annual budget on Wednesday at 12:30 p.m. London time (7:30 a.m. ET), which is...
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GBP/USD Moves Down
Wednesday, March 8, 2017 - 7:16am | 47GBP/USD is trading at 1.2149, down 0.0052. The pair is trading at the session lows. Chatter about U.K. headline news is making the rounds. The U.K. National Institute of Economic and Social Research (NIESR) is scheduled to release U.K gross domestic product (GDP) estimates Friday.
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GBP/USD Extends Losses
Tuesday, March 7, 2017 - 10:51am | 56GBP/USD is trading at 1.2172, down 0.0065. The pair has extended the session losses, market talk about headline news and comments from U.K. policy makers is making the rounds. The U.K. National Institute of Economic and Social Research (NIESR) is scheduled to release U.K gross domestic product (GDP...
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GBP/USD Lower, Retail Sales steady
Tuesday, March 7, 2017 - 6:59am | 56GBP/USD is trading at 1.2204, down 0.0034. The pair is trading just above the session lows. Market talk about headline news and comments from U.K. policy makers is making the rounds. The British Retail Consortium (BRC) reported that U.K. like-for-like retail sales fell 0.4 percent year over year...
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GBP/USD Trading Lower, U.K. House Price Gains Ease
Tuesday, March 7, 2017 - 6:21am | 49GBP/USD is trading at 1.2190, down 0.0047. The U.K Halifax House Price Index rose 0.1 percent in February versus a 0.9 percent fall in January. Year over year U.K. house price gains eased to a rise of 5.1 percent during February versus a year over year rise of 5.7 percent in January.
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GBP/USD Trading Lower Ahead of Data
Monday, March 6, 2017 - 12:13pm | 78GBP/USD is trading at 1.2250, down 0.0039. The pair is trading rangebound as overseas forex traders wind down trading for the day. Market talk about global headline news and comments from U.K. policy makers is making the rounds. The Halifax House Price Index is due out Tuesday at 3:30 a.m. ET...
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GBP/USD Trading Lower
Monday, March 6, 2017 - 6:37am | 46GBP/USD is trading at 1.2254, down 0.0034. The pair is trading just above the session lows. Market talk about U.K. headline news and comments from policy makers is making the rounds. The U.K Halifax House Price Index is due out Tuesday at 3:30 a.m. ET.
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GBP/USD Slides, U.K. Services PMI Eases
Friday, March 3, 2017 - 6:51am | 42GBP/USD is trading at 1.2222, down 0.0050. The pair is trading just above the session lows. Market chatter about U.K. and European headline news is making the rounds. Markit's February U.K. services PMI (purchasing managers survey) eased to 53.3 from 54.5 in January.
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GBP/USD Little Changed, U.K. Construction PMI Edges Up
Thursday, March 2, 2017 - 7:25am | 41GBP/USD is trading at 1.2274, up 0.0005. The pair is trading rangebound after Wednesday's soft trading session. Chatter about European headline news is making the rounds. The U.K. construction PMI (purchasing managers survey) for February edged up to 52.5 versus 52.2 in January.
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GBP/USD Extends Lossses
Wednesday, March 1, 2017 - 9:52am | 92GBP/USD is trading at 1.2296, down 0.0080. The pair has extended the session losses. Chatter about global money flows and European headline news is making the rounds. Market talk about recent comments from U.S. economic and monetary policy makers has been constant. Chatter about buyers backing...
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GBP/USD Little Changed, U.K Loan Approvals Improve
Wednesday, March 1, 2017 - 6:04am | 79GBP/USD is trading at 1.2370, down 0.0006. The pair is trading rangebound and in the middle of the session range. The Bank of England (BOE) reported that loan approvals for house purchases in the United Kingdom rose to 69,920 in January versus 68,270 in December. The BOE reported that consumer...
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GBP/USD Little Changed; U.K. Manufacturing PMI Falls, Home Prices Edge Up
Wednesday, March 1, 2017 - 5:59am | 53GBP/USD is trading at 1.2375, down 0.0002. Markit's U.K. February manufacturing PMI (purchasing managers survey) fell to 54.6 from 55.9 in January. Nationwide Building Society reported that U.K. housing prices rose 0.6 percent in February versus a 0.2 percent rise in January. Year over year U.K....
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GBP/USD Little Lower, U.K. Consumer Confidence Slips
Tuesday, February 28, 2017 - 6:10am | 50GBP/USD is trading at 1.2429, down 0.0007. The pair is trading in the middle of the session range. Market chatter about U.K. headline news and comments from policy makers is making the rounds. GfK reported overnight that U.K. consumer confidence for March slipped to negative 6 versus negative 5...