Pound US dollar exchange rate: GBP/USD slides despite UK GDP smashing expectations

This morning, the pound has slipped against the dollar, and the pairing is currently trading at around $ 1.319. January’s UK GDP expanded to a higher-than-forecast 0.5 percent after December’s contraction of -0.4 percent, easily beating a consensus of expectations that it would only manage a 0.2 percent rise. Daily Express :: Finance Feed

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Pound euro exchange rate: GBP/EUR steadies despite plunging German factory orders

The pound to euro exchange rate is holding steady today and is currently trading around €1.169. GBP/EUR is rangebound following the release of the German factory orders figures for January, which plunged by -2.6 per cent, their biggest drop in seven months. Daily Express :: Finance Feed

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Pound euro exchange rate: Sterling rises despite contraction of UK construction sector

This morning, the pound rose by nearly 0.6 percent against the euro, and the pairing is currently trading at around €1.167. Data revealed this morning that construction activity in the UK declined for the first time in 11 months as the Markit construction PMI slipped into contraction territory, sliding from 50.6 to 49.5 with housing being the only category to register growth. Daily Express :: Finance Feed

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Pound US Dollar exchange rate: GBP/USD slips despite stoic and stable consumer confidence

This morning, the GBP/USD exchange rate has slipped as the pound pulled back from its recent highs on Wednesday and is currently trading at around $ 1.330. The Gfk Consumer Confidence survey showed that confidence edged higher than expected in February. Daily Express :: Finance Feed

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Pound euro exchange rate: GBP/EUR hits 14-month high despite German consumer confidence

The pound euro exchange rate edged higher today and is currently trading in the region of €1.154. GBP/EUR increased as German consumer confidence held steady, and as reports of a possible delay of Brexit saw confidence in Sterling soar. Daily Express :: Finance Feed

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Pound US Dollar exchange rate: Pound muted despite record high UK employment

This morning UK unemployment fell to its lowest level since 1975. However, the jobs stats had little impact on GBP/USD, with the exchange rate unmoved at $ 1.2919. The UK’s ILO unemployment rate for December was released this morning, with the data showing that unemployment remained steady at 4 percent, a multi-decade low. Daily Express :: Finance Feed

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