Pound jumps as UK mortgage approvals hit post-Brexit highs
The pound is climbing after this morning's October borrowing data showed the highest UK mortgage approval volumes since March. This news and other recent econom... Read More >
economic data
Pound trades lower despite strong Q3 GDP growth
The pound is trading lower this morning even after preliminary Q3 GDP data showed the UK economy growing by a stronger-than-expected 2.3% annualized. This is pe... Read More >
Pound retreats as UK housing prices and manufacturing output tumble
Updated at 11:00am CST.
After five days of rallying, the pound is trading lower this morning as home prices dipped 0.2% in August and manufacturing output in... Read More >
US dollar rocked by disappointing August jobs report
Note: Updated at 11:00am to reflect a shift in the US dollar's direction.
The dollar is recovering from earlier this morning as investors digested August's j... Read More >
Pound headed for longest rally since Brexit vote
The markets may be calm with few data surprises this morning, but the pound is trading higher for its third straight day against the US dollar in its longest ra... Read More >
Pound slides down again as Brexit-vote pessimism sticks
The pound is sliding back down again this morning following yesterday's bounce on July's strong retail sales growth results. While investors are slightly more o... Read More >
Inflation miss sends US dollar tumbling
The US dollar is on a tumble this morning as July's consumer inflation and building permits results came in slightly below analyst expectations, which is giving... Read More >
UK bears send pound below Post-Brexit levels
In another day of light data as the world watches the Olympics instead of the markets, the pound is trading at its lowest levels since the Brexit vote. Investor... Read More >
Pound falls to almost 30 year lows as UK trade results disappoint
Despite another day of light data, the pound is trading at its lowest levels in nearly 30 years after June's trade balance data for the UK showed worse-than-exp... Read More >
Pound slides on BoE stimulus
The Bank of England, after much anticipation and speculation, has cut rates today for the first time in over seven years to 0.25%. In the meeting this morning, ... Read More >