The National Association of Realtors reported on Friday that the US existing home sales gained 0.7% to a seasonally adjusted yearly rate of 5.39M in September.
The British Pound fell sharply against the Greenback on the report showing stronger-than-expected drop in the country's retail sales.
The Sterling was suffering the third straight day of weakness against the US Dollar on mixed job data for Britain yesterday morning.
The GBP/USD exchange rate retreated from the peak to start a downward trend after a decent UK economic data.
The Labour Department showed that the US Consumer Price Index edged 0.5% higher in September, the strongest gain since January, which put the yearly rate of consumer inflation to 2.2% in the reported period.
The Labour Department showed that the US Consumer Price Index edged 0.5% higher in September, the strongest gain since January, which put the yearly rate of consumer inflation to 2.2% in the reported period.
The Labour Department revealed that the US Producer Price Index climbed 0.4% in September.
The JOLTS survey showed that the number of the US job openings declined to 6.08M in August, from a downwardly revised figure of 6.14M in the prior month, facing negative impacts coming from the Hurricane Harvey.
The GBP/USD currency pair kept going upwards in response to Tuesday's report pointing to an advance in the UK manufacturing production.
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 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