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GBP/USD Trading Lower
Monday, February 27, 2017 - 5:03am | 74GBP/USD is trading at 1.2408, down 0.0047. The pair is trading in the middle of the session range. Market chatter about weekend U.K. headline news and comments from various policy makers has kept buyers and sellers active. Markit's U.K. manufacturing PMI (purchasing managers survey) is due out...
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GBP/USD Little Changed, U.K. Home Loans Edge Up
Friday, February 24, 2017 - 6:28am | 47GBP/USD is trading at 1.2543, down 0.0010. The pair is trading in the middle of the session range. The British Bankers' Association (BBA) reported today that mortgages approved by U.K lenders edged up in January. There were 44,700 home loans approved in the month versus 43,600 approvals in...
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GBP/USD Little Changed
Thursday, February 23, 2017 - 6:59am | 51GBP/USD is trading at 1.2453, up 0.0002. 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. The British Bankers' Association (BBA) is scheduled to report U.K. mortgage approvals Friday at 4:30 a.m...
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GBP/USD Trading Lower, U.K. Business Investment Falls
Wednesday, February 22, 2017 - 6:34am | 57GBP/USD is trading at 1.2447, down 0.0039. The U.K. Office for National Statistics (ONS) reported that U.K. business investment fell 1 percent during the fourth quarter of 20916 versus a rise of 0.4 percent in the third quarter. Year over year, U.K. business investment fell 0.9 percent during the...
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GBP/USD Trading Lower, U.K. GDP Edges Up
Wednesday, February 22, 2017 - 6:29am | 52GBP/USD is trading at 1.2447, down 0.0038. The U.K. Office for National Statistics (ONS) reported U.K GDP (gross domestic product) rose 0.7 percent during the fourth quarter versus a rise of 0.6 percent in third quarter. Year over year U.K. GDP rose 2 percent versus a rise of 2.2 percent in the...
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GBP/USD Trading Lower, U.K. Public Borrowing Rises
Tuesday, February 21, 2017 - 5:35am | 46GBP/USD is trading at 1.2426, down 0.0044. The pair is trading a little above the session lows. The U.K. Office for National Statistics (ONS) report that public sector borrowing in the U.K. rose to 9.824 billion sterling in January from decline of 4.237 billion sterling during December.
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GBP/USD Trading Lower Ahead of Data
Tuesday, February 21, 2017 - 4:45am | 51GBP/USD is trading at 1.2422, down 0.0048. The pair is trading a little above the session lows. Market chatter about U.K. headline news has kept buyers and sellers active. The U.K. Office for National Statistics (ONS) is scheduled to release U.K. public sector borrowing figures at 4:30 a.m. ET.
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GBP/USD Trading Lower
Friday, February 17, 2017 - 8:19am | 91GBP/USD is trading at 1.2427, down 0.0057. The pair is trading rangebound and a little above the session lows. Market chatter about U.K. economic data and comments from various global policy makers has kept buyers and sellers active. Earlier today the U.K. Office for National Statistics (ONS)...
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GBP/USD Moves Down, Retail Sales Fall
Friday, February 17, 2017 - 5:36am | 60GBP/USD is trading at 1.2410, down 0.0074. The pair is trading at the session lows. The U.K. Office for National Statistics reported that retail sales in the United Kingdom fell 0.3 percent in January versus a 2.1 percent fall December. Year over year, U.K. retail sales slowed to a rise of 1.5...
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GBP/USD Higher Ahead of Data
Thursday, February 16, 2017 - 12:23pm | 61GBP/USD is trading at 1.2497, up 0.0031. The pair is trading rangebound and a little under the session highs as overseas forex traders wind down trading for the day. Market chatter about U.K. headline news and money flows is making the rounds. The U.K. Office for National Statistics (ONS) is...
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GBP/USD Trading Higher
Thursday, February 16, 2017 - 6:10am | 57GBP/USD is trading at 1.2507, up 0.0021. The pair is trading just under the session highs. Market talk about U.K. headline news and comments from U.K. and European policy makers is making the rounds. The U.K. Office for National Statistics (ONS) is scheduled to release U.K. retail sales data...
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GBP/USD Trading Lower, U.K. Unemployment Steady
Wednesday, February 15, 2017 - 7:44am | 75GBP/USD is trading at 1.2421, down 0.0047. The U.K. Office for National Statistics (ONS) reported that U.K. unemployment was unchanged at 4.8 percent during the December period. Earnings, excluding bonuses rose by 2.6 percent versus a year ago. The number of people on the claimant count fell by 42,...
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GBP/USD Moves Down, U.K Retail Price Index Falls
Tuesday, February 14, 2017 - 5:39am | 52GBP/USD is trading at 1.2467, down 0.0053. The U.K. Office for National Statistics (ONS) reported the year over year January U.K. retail price index rose 2.6 percent versus a rise of 2.5 percent in December. On the month the U.K. retail price index fell 0.6 percent in January versus December's...
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GBP/USD Trading Lower, U.K PPI Input Rise Eases
Tuesday, February 14, 2017 - 5:37am | 48GBP/USD is trading at 1.2481, down 0.0039. The U.K. Office for National Statistics (ONS) reported that input PPI (producer prices) eased to a rise of 1.7 percent in January versus a rise 2.7 percent in December. Output PPI (producer prices) rose 0.6 percent in January versus rise of 0.2 percent in...
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GBP/USD Edges Down, U.K CPI Eases
Tuesday, February 14, 2017 - 5:33am | 51GBP/USD is trading at 1.2490, down 0.0030. The U.K. Office for National Statistics (ONS) reported that year over year consumer prices (CPI) in the United Kingdom rose 1.8 percent in January versus a 1.6 percent rise in December. On the month, U.K. January CPI fell 0.5 percent versus a 0.5 percent...