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Pound Gains as Inflation Boosts Bets on Interest Rates Hike

The Great Britain pound advanced today on the speculation that Britain’s central bank will raise the interest rates to slow the growing inflation, wh[...] read more »
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GBP Lower on BoE Outlook & Unemployment Rate

The Great Britain pound weakened today as the inflation report showed that outlook of the nation’s central bank is pessimistic, while the unemploymen[...] read more »
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UK Government Promoting More Work/Life Balance

"Do we need more work/life balance in this country? The average worker in the US receives, and uses, way less vacation time than most in the industr[...] read more »
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Decline of Unemployment Claims Bolsters Pound

The Great Britain pound gained today after the jobless claims in the UK unexpectedly declined and the concerns about the Irish debt crisis spreading [...] read more »
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Sterling Rises as PPI Jumps

The Great Britain pound advanced, rising to the highest level in almost three months against the US dollar, as the report today showed that the UK pr[...] read more »
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Britain’s Pound Falls with Mortgage Approvals

The Great Britain pound fell today and traded near the lowest level in four months against the euro after the report showed that the number of the mo[...] read more »
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Declining UK GDP Hurts British Pound

The Great Britain pound slumped today after the report showed that Britain’s GDP unexpectedly shrank, causing doubts about the nation’s ability to de[...] read more »
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Pound Drops on Talks About Stimulus

The Great Britain pound fell today versus the US dollar and the Japanese yen and traded near the lowest level in four months against the euro before [...] read more »
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UK Borrowing Shrinks, While Consumer Confidence Deteriorate

The Great Britain pound jumped against the US dollar today after the report showed the nation’s budget deficit shrank more than expected. The perform[...] read more »
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Britain’s Inflation Stay Above Target, Boosting Pound

The Great Britain pound advanced against the US dollar today after the Bank of England said that the inflation may stay above the 2 percent target, d[...] read more »
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Britain’s Service Sector Makes Sterling Stronger

The Great Britain pound jumped today after the report showed that Britain’s service industry unexpectedly grew in March, supporting the outlook for h[...] read more »
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Pound Drops as Britain’s Consumer Confidence Slips

The Great Britain pound dropped today after the report showed that the UK consumer confidence slipped, showing the concerns of Britons about the plan[...] read more »
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Pound Falls on Dovish BoE Meeting Minutes

The Great Britain pound slipped against the euro and the Japanese yen today as the dovish minutes of the Bank of England meeting signaled that the Ba[...] read more »
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UK Retail Sales Decline, Britain’s Pound Drops vs. Euro

The Great Britain pound fell today versus the euro after the retail sales unexpectedly slowed in August, increasing the concern for Britain’s economy[...] read more »
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Pound Strengthens vs. Franc on King’s Statement

The Great Britain pound rose today against the Swiss franc as the optimistic statement of the central bank’s governor Mervyn King improved the confid[...] read more »
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