Pound falls against U.S. Dollar before mortgage approvals

Source: Bloomberg
© Scanpix/RS
The British Pound dropped on Friday and was set to complete a third weekly loss versus the U.S. Dollar as investors awaited a report published by the British Bankers' Association showing that mortgage approvals increased in April. The Sterling was traded at $1.5096 by 7:37 a.m. London time following a yesterday's slide to $1.5014, the least since March 14.

Back to articles

Actual Topics

Fri, 24 May 2013 13:23:12 GMT

U.S. jobless claims fall faster than forecast

Initial claims for unemployment benefits in the U.S. decreased at a faster-than-expected pace in the week ended on May 18, the latest report released by the Labor Department unveiled on Thursday. According to the report, first-time jobless claims fell by 23,000 dropping to 340,000 to a level of 363,000 recorded in the previous week.

Fri, 24 May 2013 12:55:03 GMT

India's Rupee set to complete weekly fall

Indian currency is heading for its third weekly drop on Friday after the Federal Reserve Chairman Ben Bernanke signaled less stimulus measures fueling concerns that emerging-market fund flows will be reduced. The India's Rupee depreciated by 1.5% this week and was traded 0.3% lower at 55.75 per U.S. Dollar at 10:18 a.m. Mumbai time after it touched a level of

Subscribe to "Fundamental Analysis" feed

Subscribe
To learn more about Dukascopy Bank CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
For further information regarding potential cooperation,
please call us or make callback request.
To learn more about Dukascopy Bank Binary Options / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
To learn more about Dukascopy Bank CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
To learn more about Crypto Trading / CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
To learn more about Business Introducer and other trading related information,
please call us or make callback request.
For further information regarding potential cooperation,
please call us or make callback request.