News StoriesFollowing British Pound news is the key to trading fundamentally.
Below you can find links to articles in the news that discuss market fundamentals that could potentially
affect the price of British Pound on the CME.
1. Bloomberg.com "U.K. Gilts
Gain for Second Week on Spain Concern; Pound Slides" September 28, 2012
The pound dropped 0.2 percent to 79.68 pence per euro after appreciating to 79.24 pence yesterday,
the strongest level since Sept. 6. The currency fell 0.7 percent to $1.6113, the weakest since Sept. 13.
“Pound Poised To Rally Against The Euro, Bnp Paribas Says” June 5, 2012
Investors should sell the euro against
the pound as indicators suggest the British currency is poised to strengthen relative to its fair value, according to BNP
“Dollar Weakens Before Fed Ends Meeting; Pound Declines” April 25, 2012
Sterling slid versus all of its major peers after the U.K. economy entered its first
double-dip recession since the 1970s.
4. Bloomberg.com “Pound Strengthens for Third Week Against Dollar
on Growth Signs” February 4, 2012
pound strengthened for a third week against the dollar, the longest run of gains against the greenback since October, as gauges
of manufacturing and services output beat analyst estimates.
5. Bloomberg.com "Pound Strengthens Versus Euro
on Concern Over Struggle to Tame Debt Crisis" November 25, 2011
The pound rose against the euro as investors sought the relative safety
of the U.K. currency on concern euro-area leaders will struggle to prevent their economies worsening amid the region’s
6. Forextv.com "FOREX: Pound at Risk as Markets Look for Dovish BOE Inflation Report"
August 11, 2011
The British Pound is at risk as markets await the Bank of England Inflation Report, looking for a more dovish bias
after the recent series of weak economic data. Pound may fall if BOE Inflation Report alludes to more stimulus.
7. Dailymarkets.com "Pound Gets
Outside Help" July 5, 2011.
The Pound has found some recent strength on the backs of a weaker US Dollar and the passage
of Greek austerity measures. For the market to gain further momentum, the UK must see better economic data.
8. Bloomberg.com “Pound at Strongest
Since 2010 Versus Dollar; Gilts Fall on Inflation Data” April 8, 2011
The pound rose to its strongest level since
January 2010 against the dollar as British data showed producer prices rose at a faster pace than economists predicted, strengthening
the case for higher interest rates.
9. Bloomberg.com" Pound Weakens Against Euro For Week on Speculation of Slower Rate
Hikes" March 19, 2011
The pound slid against the euro for a fourth week, the longest run of declines since October, as investors bet the
Bank of England will be slower to raise rates than its euro-region counterpart.
10. Bloomberg.com "British Pound Weakens
Versus Dollar Before Bank of England Rate Decision" March 10, 2011
Sterling appreciated versus the euro after Spain ’s credit rating was downgraded
by Moody’s Investors Service. The central bank will hold the U.K.’s benchmark interest rate at a record low of
0.5 percent, according to all 61 economists in a Bloomberg News survey.
Click here to contact a commodities broker with experience the British pound market to
discuss market opportunities and trade recommendations.