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Pound Woes Could Be Good News For These U.K. ETFs
Monday, February 13, 2017 - 2:23pm | 525Over the past 12 months, the CurrencyShares British Pound Sterling Trust (Guggenheim CurrencyShares British) (NYSE: FXB) is lower by more than 14 percent, making it one of the worst-performing developed markets currency exchange traded funds over that period. Weak Pound, U.K. Stocks' Statuses The...
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GBP/USD Little Higher Ahead of Data
Monday, February 13, 2017 - 12:41pm | 76GBP/USD is trading at 1.2499, up 0.0027. The pair is trading rangebound as overseas forex traders wind down trading for the day. Market talk about global headline news and comments from European policy makers is making the rounds. Chatter about U.K. economic data due out Tuesday is starting to show...
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GBP/USD Trading Higher
Monday, February 13, 2017 - 5:54am | 56GBP/USD is trading at 1.2513, up 0.0041. The pair is trading rangebound. Market chatter about weekend headline news along with comments from global policy makers is making the rounds. The U.K. Office for National Statistics (ONS) is scheduled to release U.K. consumer price inflation figures (...
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GBP/USD Trading Steady, U.K Manufacturing Production Improves
Friday, February 10, 2017 - 7:07am | 49GBP/USD is trading at 1.2494, unchanged on the session. The U.K. Office for National Statistics (ONS) reported U.K manufacturing production rose 2.1 percent in December versus a 1.4 percent rise in November. Year over year, U.K manufacturing production rose 4 percent in December versus a 1.7...
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GBP/USD Trading Steady U.K Industrial Production Edges Up
Friday, February 10, 2017 - 7:03am | 47GBP/USD is trading at 1.2498, up 0.0004. The U.K. Office for National Statistics (ONS) reported that U.K industrial production rose 1.1 percent in December versus a 2 percent rise in November. Year over year, U.K. industrial production rose 4.3 percent in December versus a 2.2 percent rise in...
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GBP/USD Little Changed, U.K. Construction Edges Up
Friday, February 10, 2017 - 6:59am | 41GBP/USD is trading at 1.2495, up 0.0001. The U.K. Office for National Statistics (ONS) reported that year over year U.K. construction output rose 0.6 percent in December versus a 1.8 percent rise in November. On the month, U.K. construction increased 1.8 percent.
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GBP/USD Little Changed, U.K. Trade Deficit Narrows
Friday, February 10, 2017 - 6:50am | 43GBP/USD is trading at 1.2494, up 0.0002. The U.K. Office for National Statistics (ONS) reported the U.K. trade deficit narrowed to a 3.3 billion Sterling in December from a 3.56 billion Sterling deficit in November. Exports rose by 2.4 percent and imports rose by 1.7 percent.
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GBP/USD Little Changed Ahead of Data
Thursday, February 9, 2017 - 11:47am | 59GBP/USD is trading at 1.2531, up 0.00010. The pair is trading rangebound as overseas forex traders wind down trading ahead of the European close. Market talk about U.K. headline news and comments from policy makers is making the rounds. The U.K. Office for National Statistics is scheduled to...
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GBP/USD Little Higher
Thursday, February 9, 2017 - 8:00am | 55GBP/USD is trading at 1.2550, up 0.0034. The pair is trading in the middle of the session range. Market chatter about global headline news and comments from U.K. policy makers is making the rounds. The U.K. Office for National Statistics is scheduled to release U.K construction output data...
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GBP/USD Little Changed
Wednesday, February 8, 2017 - 5:53am | 53GBP/USD is trading at 1.2494, down 0.0001. The pair is trading rangebound after Tuesday's choppy trading session. Market chatter about global headline news and comments from policy makers is making the rounds. The U.K. Office for National Statistics is scheduled to release U.K. balance of trade...
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GBP/USD Trading Lower, U.K. Retail Sales Fall
Tuesday, February 7, 2017 - 7:18am | 48GBP/USD is trading at 1.2359, down 0.0108. The pair is trading choppy and near the session lows. The British Retail Consortium (BRC) reported that U.K. like-for-like retail sales fell 0.6 percent year over year during January. Total retail sales rose 0.1 percent versus a rise of 3.3 percent a year...
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GBP/USD Trading Lower, U.K. House Prices Ease
Tuesday, February 7, 2017 - 5:58am | 42GBP/USD is trading at 1.2367, down 0.0100. The U.K Halifax house price index fell 0.9 percent in January versus a 1.6 percent rise in December. Year over year U.K. house price gains eased in January to up 5.7 percent from up 6.5 percent in December.
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GBP/USD Little Changed
Monday, February 6, 2017 - 6:47am | 62GBP/USD is trading at 1.2477, down 0.0001. The pair is trading in the middle of the session range. Market chatter about weekend global and U.K. headline news along with comments from U.K. policy makers is making the rounds. Trading is rangebound. The U.K. Office for National Statistics is...
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GBP/USD Trading Lower, U.K Services PMI Slips
Friday, February 3, 2017 - 6:46am | 46GBP/USD is trading at 1.2490, down 0.0027 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. Markit's U.K. services PMI (purchasing managers survey) during January slipped to 54.5 from 56.2 in December.
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GBP/USD Falls After BOE Rate Decision
Thursday, February 2, 2017 - 8:26am | 61GBP/USD is trading at 1.2586, down 0.0072 The pair is trading at the session lows. The Bank of England (BOE) Monetary Policy Committee (MPC) voted unanimously to leave the bank's rate at a record low of 0.25 percent. The BOE made no change the asset purchase program of 435 billion Sterling. BOE...