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UK Pound Drops on Government Borrowing

As the government prepares to share its new budget, it’s clear that there isn’t going to be much room for stimulus. The news has the sterling heading[...] read more »
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Soft Data in UK Could Mean Slide for Pound

Once again, the UK economy is in focus as the latest data release offers disappointment, threatening the pound in currency trading. read more »
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UK Pound Lower on Stagflation Worries

UK pound is heading lower today in Forex trading against the US dollar on all the concerns about what’s next for the British economy. Right now, it a[...] read more »
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UK Pound Lower Against US Dollar, But Up Against Euro

UK pound is down against the US dollar today — but what high beta currency isn’t? With all of the uncertainty surrounding Greece, China and MFGlobal,[...] read more »
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UK Pound Mixed as Cameron Rejects New EU Deal

The UK pound is mixed today, as economic news is released, and as the latest attempt to save the euro is made. However, Great Britain isn’t pleased a[...] read more »
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UK Pound Lower as Concern about Isolation Grows — Forex News

Yesterday, UK pound gained solidly against the euro, but today some of those gains are being given back. UK pound is lower on a combination of risk a[...] read more »
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UK Pound Drops Against Stronger Euro

UK pound is declining today, especially against the euro, as the latest news indicates that the eurozone is likely to avoid a recession. The pullback[...] read more »
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UK Pound Gains against the US Dollar

The UK pound is rising against the US dollar, enjoying gains not seen for more than a week. The latest interest rate decision by the Bank of England [...] read more »
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UK Pound Mostly Higher as Risk Appetite Rises

Risk appetite has returned to the markets in full force today, and the UK pound is feeling the effects. Cable is moving higher today, supported by ra[...] read more »
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UK Pound Heads Lower in Forex Trading

UK pound is heading lower in forex trading on the currency market today, dropping as demand for the sterling as a European safe haven fades. read more »
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Sterling Liquidity Facility Announced in Britain

The sovereign debt crisis in Europe continues to color almost everything going on with financial markets around the world. As a result, it isn't ver[...] read more »
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UK Pound Looks for Success Against the Euro

UK pound is heading higher against the euro right now, thanks to the news that Moody’s is planning to review many of the countries in the eurozone. T[...] read more »
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UK Pound Higher on Manufacturing Data

Positive manufacturing data out of the UK is helping the pound today in forex trading. The news about manufacturing was better than expected, and thi[...] read more »
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Risk Aversion Weighs on the UK Pound

Risk aversion remains intact today, and that is weighing on the UK pound. Concerns about global economic growth are still plaguing the markets, and t[...] read more »
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UK Pound Struggles, Even with Budget Surplus in Britain

UK pound is struggling today, even with the announcement that Britain saw its biggest budget surplus in four years during January. read more »
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