The British pound has recovered during the week against the US dollar, as we continue to see a lot of noisy behavior.
The British pound pulled back initially during the week but then turned around to show signs of life again. We are hanging about the ¥160 level and looking for some type of direction.
The British pound has rallied significantly during the training session on Friday, as we continue to threaten a major breakout.
The British pound has rallied a bit during the trading session on Friday, as we continue to compress right around the ¥160 level.
With a US trade deal stalled, the UK has paired up with the state of Indiana.
Sector warns ‘multiyear’ assault on profits will ‘drive away investors’ and cut production.
The British pound continues to see a lot of resistance near the 1.26 level, as we have given back early gains on Thursday.
The British pound has gone back and forth during the course of the trading session on Thursday, as we continue to test the ¥160 level.
The U.S. dollar edged higher in early European trade Thursday, but remained near a one-month low amid concerns aggressive tightening by the Federal Reserve may already be slowing economic growth. The minutes from the early May Fed meeting, released Wednesday, indicated that the central bank policymakers will be sticking to a plan to raise rates by a half-percentage point at its next two meetings starting next month, largely as expected. The scaling back of Fed tightening bets has followed slowing economic growth, with new home sales falling almost 17% last month and retailers reporting disappointing results as consumers scale back discretionary spending as the prices of essentials like food and petrol soar.
The British pound has fallen a bit during the trading session on Wednesday as we continue to hang around the 1.25 level.
The British pound initially tried to rally against the Japanese yen on Wednesday but gave bank gains to show significant weakness again.
The best way to figure out how much life costs us, and how much these costs are rising right now, is to draw up a budget and keep an eye on it.
The introduction and elevation of the minimum wage has helped to reduce low pay.
The British pound has fallen rather hard during the trading session on Tuesday to break down below the 1.25 handle. Doing so shows more downward momentum.
The British pound has fallen significantly during the trading session on Tuesday as we have broken significantly below the ¥160 level.