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GBP/USD Higher, U.K. Construction PMI Edges Down
Thursday, February 2, 2017 - 5:43am | 82GBP/USD is trading at 1.2703, up 0.0045 The pair is trading at session highs. Market talk about U.K. headline news and today's Bank of England policy meeting is making the rounds. The U.K. construction PMI (purchasing managers survey) for January fell to 52.2 from 54.2 during December. The Bank...
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GBP/USD Little Higher Ahead of Data and BOE
Thursday, February 2, 2017 - 5:11am | 84GBP/USD is trading at 1.2688, up 0.0031 The pair is trading at session highs. Market talk about global headline news and comments from policy makers is making the rounds. The U.K. construction PMI (purchasing managers survey) is scheduled for release at 4:30 a.m. ET. The Bank of England (BOE)...
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GBP/USD Higher, U.K. Manufacturing PMI Eases
Wednesday, February 1, 2017 - 7:17am | 47GBP/USD is trading at 1.2619, up 0.0033 Markit's U.K. manufacturing PMI (purchasing managers survey) edged down to 55.9 during January versus 56.1 in December. U.K. construction PMI is scheduled for release Thursday at 4:30 a.m. ET. U.K. services PMI is due out Friday at 4:30 a.m. ET.
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GBP/USD Higher, U.K. House Price Rise Eases
Wednesday, February 1, 2017 - 7:13am | 41GBP/USD is trading at 1.2623, up 0.0037. Nationwide Building Society reported that U.K. housing prices rose 0.2 percent during January versus a 0.8 percent rise in December. Year over year January house prices were up 4.3 percent versus a rise of 4.5 percent in December.
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GBP/USD Trading Lower, U.K. Mortage Approvals Edge Up
Tuesday, January 31, 2017 - 6:43am | 98GBP/USD is trading at 1.2435, down 0.0062. The pair is trading just above the session lows. Market talk about European headline news and comments from policy makers is making the rounds. The Bank of England (BOE) reported that loan approvals for house purchases in the United Kingdom rose to 67,...
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GBP/USD Edges Down
Monday, January 30, 2017 - 6:00am | 49GBP/USD is trading at 1.2524, down 0.0017 The pair is trading just above the session lows after showing gains overnight. Market chatter about weekend headline news is making the rounds. The Bank of England (BOE) is scheduled to release loan approvals and consumer credit figures Tuesday at 4:30 a.m...
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GBP/USD Trading Lower
Friday, January 27, 2017 - 6:30am | 46GBP/USD is trading at 1.2545, down 0.0050 The pair is trading just above the session lows. Market talk about European headline news and comments from policy makers is making the rounds. The Bank of England (BOE) is scheduled to release loan approvals and consumer credit figures Tuesday.
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GBP/USD Trading Lower, U.K. GDP Steady
Thursday, January 26, 2017 - 6:42am | 54GBP/USD is trading at 1.2596, down 0.0037. The U.K. Office for National Statistics (ONS) reported that fourth quarter U.K. GDP (gross domestic product) rose 0.6 percent versus a 0.6 percent rise in the third quarter. On the year U.K. GDP rose 2.2 percent versus a 2.2 percent rise year over year...
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GBP/USD Moves Down, BBA Mortgage Approves Edge Up
Thursday, January 26, 2017 - 6:36am | 39GBP/USD is trading at 1.2603, down 0.0031. The pair is trading choppy and just above the session lows after showing some gains overnight. The British Bankers' Association (BBA) reported that December U.K. mortgage approvals rose to 43,200 versus 41,000 in November.
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GBP/USD Trading Higher, CBI UK Industrial Trend Survey Improves
Wednesday, January 25, 2017 - 7:39am | 46GBP/USD is trading at 1.2575, up 0.0045. The Confederation of British Industry (CBI) order book balance survey rose to 5 in January from 0 in December. Industry output expectations for the next three months rose to 28 from 26. Price expectations rose to 28 from 26. Export orders improved to...
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GBP/USD Trading Higher, CBI Business Optimism Survey Improves
Wednesday, January 25, 2017 - 7:31am | 61GBP/USD is trading at 1.2568, up 0.0037. The pair is trading rangebound and just under the session highs. The Confederation of British Industry (CBI) business optimism index for the first quarter improved to 15 from a reading of negative 8 in previous report. The survey showed manufacturers...
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GBP/USD Trading Higher
Wednesday, January 25, 2017 - 6:33am | 56GBP/USD is trading at 1.2575, up 0.0045. The pair is trading just under the session highs. Market chatter about recent comments by U.K. policy makers and global money flows is making the rounds. The U.K. Office for National Statistics (ONS) is scheduled to release U.K. GDP (gross domestic product...
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GBP/USD Lower, U.K. Supreme Court Rules Parliament Must Vote on Article 50
Tuesday, January 24, 2017 - 7:19am | 57GBP/USD is trading at 1.2457, down 0.0056. The pair is trading choppy and just above the session lows. Britain's Supreme Court ruled this morning that the U.K. government must hold a vote in parliament before beginning the process of leaving the European Union, the start of the process to leave...
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GBP/USD Trading Lower, U.K. Public Sector Borrowing Falls
Tuesday, January 24, 2017 - 6:57am | 59GBP/USD is trading at 1.2458, down 0.0055. The pair is trading choppy and a little above the session lows. The U.K. Office for National Statistics ( ONS) reported that public sector borrowing fell to 6.4 billion Sterling in December from 10.83 billion Sterling in November. The ONS is scheduled to...
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GBP/USD Extends Gains
Monday, January 23, 2017 - 11:20am | 47GBP/USD is trading at 1.2475, up 0.0103. The pair is trading choppy and has extended the session gains. Market chatter about headline news is making the rounds. The U.K. Office for National Statistics ( ONS) is scheduled to release public sector borrowing figures Tuesday at 4:30 a.m. ET.