Pound Sterling (GBP)

Britain's economic growth slowed sharply in the fourth quarter of 2018. The yearly growth was the slowest in six years, as Brexit worries and global trade tensions dampened activity. Data showed that the nation’s GDP increased just by…
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EURGBP or EUR/GBP is the notation for the currency pair composed of the euro and the British pound. It is one of the more popular crosses. The value represents how many pounds (the quote currency) are needed to buy one euro (the base…
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The UK was in the forefront last week as both economic data and Brexit related headlines dominated the news. The week started off with the Brexit parliamentary vote. Heading into the vote, there were strong expectations that the UK…
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The markets wake up to a new trading day of the year with the holiday season behind. Economic data picks up pace covering the latest for the month of December. In the early Asian session today, China's Caixin manufacturing PMI showed…
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The Bank of England held its monetary policy meeting on Thursday last week. As widely expected, the central bank left its interest rates unchanged at 0.75%. The decision to leave interest rates steady was a unanimous decision. The…
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The U.S. dollar was seen trading weaker on Tuesday. The weakness in the greenback comes ahead of today's Fed meeting. However, the USD was seen managing to recover some of the losses later in the day. Economic data on the day showed that…
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The U.S. dollar was seen trading subdued on Thursday in the backdrop of the dovish interpretation from Fed Chair Powell's speech on Wednesday. Economic data on the day showed that Swiss GDP contracted 0.2% on the quarter ending…
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The U.S. dollar managed to maintain its dominance closing the week with gains. However, performance was rather mixed with the Kiwi dollar posting the strongest gains. The UK's quarterly GDP report showed that the economy advanced 0.6% on…
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The UK’s economy was seen expanding in the third quarter, posting the fastest pace of increase in nearly two years. The expansion in the economy was surprising as the UK’s gross domestic product outperformed quite a few countries in the…
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The U.S. dollar was seen edging higher on Thursday. On the economic front, data included the German trade balance which rose 17.6 billion. This was smaller than the forecasts of 18.2 billion. The European Commission released its economic…
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