GBP/USD

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  • 1.3117
  • 0.0028 (0.21%)

News

Brexit comments, US housing data weigh on British pound

British pound sheds earlier gains

The British pound lost ground against the US dollar in Friday afternoon trade on news it will still be weeks before Brexit negotiations move onto trade and better-than-expected US home construction data.

Yesterday
  • Dollar losing out in a volatile week Dollar losing out in a volatile week Yesterday

    The US dollar lost further ground overnight on an WSJ report that US President Trump's election campaign documents have been subject to a subpoena from Special Counsel Robert Mueller.

  • UK retail sales data supports UK retail sales data supports 2 days ago

    The British pound retained its strength against the US dollar on better than expected UK retail sales data, despite the first year-on-year fall since 2013.

  • Sterling benefiting from US dollar weakness Sterling benefiting from US dollar weakness 3 days ago

    The British pound briefly extended gains made Tuesday following UK earnings data that beat expectations. The US dollar lost ground Tuesday on ongoing concerns over the US tax reform plan.

  • UK PM May under increasing pressure

    The British pound is under pressure Monday following news reports over the weekend highlighting her three-front battle: unreliable cabinet, lack of support from growing faction of tories, further Brexit negotiation delays.

    5 days ago
  • More cable volatility likely next week

    The US dollar weakened late Thursday and early Friday as the US senate confirmed a one-year delay to the corporate tax reform and UK industrial production and trade data were better-than-expected.

    2 weeks ago
  • Markets await tax reform timeline update

    The US dollar remains under pressure Thursday as the markets await some clarification on the likely timeline of the US tax reform implementation.

    2 weeks ago
  • Weaker business investment plans also weigh

    The British pound slipped against the US dollar Wednesday as UK PM May could lose a second cabinet member over the course of just seven days as Priti Patel has been called back from Africa following revelations she had a number of unscheduled meetings with Israeli officials.

    2 weeks ago
  • Trump's approval rating weaker, too

    The US dollar has lost ground overnight against a number of currencies following a report in the Washing Post that the widely touted tax reforms could be delayed by up to one year.

    2 weeks ago
  • More news
  • Sterling benefiting from US dollar weakness

    The British pound briefly extended gains made Tuesday following UK earnings data that beat expectations. The US dollar lost ground Tuesday on ongoing concerns over the US tax reform plan.

    3 days ago
  • UK retail sales data supports

    The British pound retained its strength against the US dollar on better than expected UK retail sales data, despite the first year-on-year fall since 2013.

    2 days ago
  • Dollar losing out in a volatile week

    The US dollar lost further ground overnight on an WSJ report that US President Trump's election campaign documents have been subject to a subpoena from Special Counsel Robert Mueller.

    Yesterday
  • British pound sheds earlier gains

    The British pound lost ground against the US dollar in Friday afternoon trade on news it will still be weeks before Brexit negotiations move onto trade and better-than-expected US home construction data.

    Yesterday
  • Investors cautious, await further cues

    British pound lost ground following a disappointing BRC retail sales survey. The average non-food sales sank to the lowest ion record, given retailers cause for concern ahead of the important Christmas period.

    2 weeks ago
  • More news

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