The Labour Department showed that the US job market faced unexpected decrease in jobs, as the economy lost 33K positions in September, reflecting the impact of Hurricanes Harvey and Irma.
The British Pound strengthened against the Greenback on the grounds of shiny UK service industry data.
The British Pound strengthened against the Greenback on the grounds of shiny UK service industry data.
The GBP/USD fell from the intraday high after the report on Tuesday indicated contraction in the UK construction sector.
The GBP/USD kept declining gradually after the weaker-than-anticipated Britain's manufacturing PMI figures.
The British Pound fell significantly against the US Dollar on Friday morning, following the couple of the UK economic reports.
The Commerce Department said that the US economic growth in the second quarter was the quickest in more than two years, with a 3.1% annual increase in the reported period.
The Commerce Department showed that new orders for the US-made capital goods rose more than anticipated 1.7% over the month of August, while shipments continued to increase, suggesting the strengthening of the US economy, despite an expected drag from Hurricanes Irma and Harvey.
The Sterling strengthened significantly against the US Dollar, as all the main components of the UK retail sales report showed better-than-expected figures for August.
The Sterling strengthened significantly against the US Dollar, as all the main components of the UK retail sales report showed better-than-expected figures for August.
The Sterling strengthened significantly against the US Dollar, as all the main components of the UK retail sales report showed better-than-expected figures for August.
The Sterling strengthened significantly against the US Dollar, as all the main components of the UK retail sales report showed better-than-expected figures for August.
The Sterling strengthened significantly against the US Dollar, as all the main components of the UK retail sales report showed better-than-expected figures for August.
The Commerce Department revealed that the US building permits rose to the strongest level in seven months over the course of August with the total number of 1.30M permits issued
The British Pound depreciated against the Greenback by 49 base points or 0.36% falling further to touch an intraday low at the 1.3483 mark, after the Bank of England's Governor Mark Carney delivered a speech on Monday.
The Commerce Department reported that the US retail sales dropped unexpectedly 0.2% over the month of August, missing expectations for a 0.3% increase.
The Sterling managed to offset all Wednesday's losses after the Bank of England announced its decision to leave interest rates unchanged.
The Sterling continued an upmove in the Wednesday morning, though previous gains were partially offset after the disappointing report on the UK average earnings.
The Sterling jumped against the US Dollar to the highest level since late 2016, as Tuesday reports showed the strong growth in the UK consumer inflation.
The GBP/USD currency pair showed modest reaction on the UK economic releases on Friday, as the reports revealed mixed results for July.
The GBP/USD currency pair showed modest reaction on the UK economic releases on Friday, as the reports revealed mixed results for July.
The Institute for Supply Management reported that its PMI for the US non-manufacturing sector posted weaker-than-expected increase to 55.3 in August, following the prior month's figure of 53.9.
The Institute for Supply Management reported that its PMI for the US non-manufacturing sector posted weaker-than-expected increase to 55.3 in August, following the prior month's figure of 53.9.
The GBP/USD exchange rate rose quite a bit in the wake of slightly weaker Britain's Services PMI data.