For the 24 hours to 23:00 GMT, GBP fell 0.67% against the USD and closed at 1.5993, after goods trade deficit in the UK narrowed to £8.56 billion in March, from £8.59 billion in February. Economists had expected the goods … Continue reading →

For the 24 hours to 23:00 GMT, GBP rose 0.21% against the USD and closed at 1.6100. In the Asian session, at GMT0300, the pair is trading at 1.6093, with the GBP trading steady from yesterday’s close. The pair is … Continue reading →

For the 24 hours to 23:00 GMT on Friday, GBP fell 0.40% against the USD and closed at 1.6069, amid increased risk aversion, after political uncertainty in Greece heightened concern that the region’s debt crisis would worsen. In the UK, … Continue reading →

For the 24 hours to 23:00 GMT, GBP fell marginally against the USD and closed at 1.6133. Yesterday, Bank of England (BoE) policymaker left the asset purchase target unchanged at £325 billion in line with market expectations and kept the … Continue reading →

For the 24 hours to 23:00 GMT, GBP fell 0.09% against the USD and closed at 1.6134. UK Prime Minister, David Cameron insisted that the nation must adhere to its tough austerity measures in order to sail through the recessionary … Continue reading →

For the 24 hours to 23:00 GMT, GBP fell 0.27% against the USD and closed at 1.6149. In the Asian session, at GMT0300, the pair is trading at 1.6133, with the GBP trading 0.1% lower from yesterday’s close, after retail … Continue reading →

For the 24 hours to 23:00 GMT, GBP rose 0.38% against the USD and closed at 1.6193. Yesterday, the Centre for Economics and Business Research (CEBR) cautioned that unemployment in most parts of the UK is likely to rise over … Continue reading →

  For the 24 hours to 23:00 GMT, GBP fell 0.06% against the USD and closed at 1.6187, after reports showed that Nationwide house prices in the UK fell unexpectedly in April. Additionally, services PMI in the UK fell more … Continue reading →

  For the 24 hours to 23:00 GMT, GBP fell 0.15% against the USD and closed at 1.6198, after construction sector activity in the UK expanded at a slower pace in April. A separate report by the Bank of England … Continue reading →

  For the 24 hours to 23:00 GMT, GBP fell 0.08% against the USD and closed at 1.6221, after reports showed that manufacturing purchasing managers’ index (PMI) in the UK declined to 50.5 in April, compared to 51.9 in March. … Continue reading →

  For the 24 hours to 23:00 GMT, GBP fell 0.25% against the USD and closed at 1.6234, as lingering worries about the Spain’s debt crisis weighed on investors’ sentiments. In the Asian session, at GMT0300, the pair is trading … Continue reading →