|Day's Range||0.8027 - 0.8041|
|52 Week Range||0.7887 - 0.9635|
Worklessness due to ill health heavily concentrated among those with poor qualification levels.
The British pound rallied during the course of the trading week but has hit a bit of a brick wall at the 1.2550 level.
The British pound has pulled back just a bit during the course of the trading week against the Japanese yen only to find buyers yet again.
The British pound has gone back and forth during the trading session on Friday, as the jobs report came out much stronger than anticipated.
The British pound is starting to rally significantly during the trading session on Friday as it looks like the Japanese yen continues to get pummeled.
The latest investor updates on stocks that are trending on Friday.
Sterling headed for its biggest one-week rally against the dollar in six months on Friday, as U.S. interest rates looked increasingly likely to plateau sooner than UK rates. Britain has avoided recession, but the squeeze of the cost of living crisis on consumers and households is clear, given recent data on business activity, employment and lending.
The U.S. dollar slipped lower in early European trade Friday, adding to the previous session’s sharp losses after the U.S. Congress approved the debt ceiling bill, while traders awaited the widely watched monthly payrolls release. The U.S. Senate late Thursday passed legislation lifting the government's $31.4 trillion debt ceiling, a day after the House of Representatives had done the same. The bill now heads to the White House for President Joe Biden to sign it into law, averting what would have been a first-ever default as the Treasury Department had warned it would be unable to pay all its bills on June 5 if Congress failed to act by then.
The price of one currency compared to another is not necessarily an indication of wealth, power, or strength.
The British pound initially pulled back a bit during the trading session on Thursday but has found enough support near the 50-Day EMA to show signs of life. Ultimately, this is a market that still has a lot of noise ahead.
The British pound has initially pulled back just a bit during the trading session on Thursday, only to turn around and pressure the Japanese yen to the upside yet again.
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The British pound has initially tried to rally during the day on Wednesday but turned around to show signs of life at the 1.2350 level.
The British pound has fallen rather hard against the Japanese yen during the Wednesday session.
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The British pound has rallied significantly from the 1.2350 level, showing signs of life again on Tuesday.
The British pound has been all over the place against the Japanese yen as the Bank of Japan calls for an emergency meeting.
Optimism over a US-debt deal agreement weighed on gold prices as investors once again gravitate towards riskier assets.
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The British pound initially tried to rally during the trading session on Monday, but as it was Memorial Day, liquidity was an issue.
The British pound pulled back on Monday as the market had gotten too far ahead. At this point, the market is likely to pull back toward the ¥172.50 level, where I would expect buyers to return.
Consumers who can least afford to pay over the odds more likely to be hit with a penalty of £302 on average.
The British pound fell rather hard during the course of the trading week to reach the 1.2350 level, where buyers have stepped in to pick up the market.
The British pound has rallied a bit during the trading session on Friday, as we have broken above the 1.2350 level and tested the 50-Day EMA.
The British pound shoot straight up in the air during the week, showing signs of breaking above the ¥173 level.