For the 24 hours to 23:00 GMT, GBP fell 0.83% against the USD and closed at 1.5034, after retail sales in the UK fell below market expectations, dropping 1.3% (MoM) in April, following a revised 0.6% fall recorded in the … Continue reading →

  For the 24 hours to 23:00 GMT, GBP fell 0.67% against the USD and closed at 1.5160, following a lower-than-expected 2.4% drop in the UK inflation rate in April, against the expected 2.6% decline. In the Asian session, at … Continue reading →

For the 24 hours to 23:00 GMT, GBP rose 0.58% against the USD and closed at 1.5263. Yesterday, the President of the Chicago Federal Reserve Bank, Charles Evans, stated that the central bank’s policy stance is appropriate and that the … Continue reading →

  On Friday, GBP fell 0.69% against the USD and closed at 1.5171. The Rightmove house prices data from the UK released over the weekend indicated an improvement in the UK housing market. On an annual basis, the house price … Continue reading →

  For the 24 hours to 23:00 GMT, GBP rose 0.26% against the USD and closed at 1.5277. In the Asian session, at GMT0300, the pair is trading at 1.5246, with the GBP trading 0.20% lower from yesterday’s close. The … Continue reading →

  For the 24 hours to 23:00 GMT, GBP rose marginally against the USD and closed at 1.5238. The ILO unemployment rate in the UK fell to 7.8% in the three months to March, from 7.9% recorded earlier. Moreover, the … Continue reading →

  For the 24 hours to 23:00 GMT, GBP fell 0.51% against the USD and closed at 1.5228. On the economic front, the Conference Board leading economic index in the UK rose 0.4% in April, following the similar rate of … Continue reading →

  For the 24 hours to 23:00 GMT, GBP fell 0.25% against the USD and closed at 1.5306. Yesterday, the Confederation of British Industry (CBI) reported that the UK economy would expand 0.3% in this quarter, rising to 0.4% for … Continue reading →

  On Friday, GBP fell 0.58% against the USD and closed at 1.5354. In the UK, total trade deficit fell to £3.130 billion in March, from a revised £3.391 billion deficit recorded in the previous month. Market had expected a … Continue reading →

  For the 24 hours to 23:00 GMT, GBP fell 0.62% against the USD and closed at 1.5444. The Bank of England (BoE), in its monetary policy meeting yesterday, kept its benchmark interest rates unchanged at 0.5%, in line with … Continue reading →

  For the 24 hours to 23:00 GMT, GBP rose 0.40% against the USD and closed at 1.5541. Halifax house prices rose 1.1% (MoM) in April, following a revised 0.2% increase recorded in the previous month. Market had expected a … Continue reading →