Monthly Archives: August 2013

GBP/USD: Pound trading lower; BoE rate decision awaited

  For the 24 hours to 23:00 GMT, GBP dropped 0.45% against the USD and closed at 1.5173. In the Asian session, at GMT0300, the pair is trading at 1.5163, with the GBP trading marginally lower from yesterday’s close. Investors … Continue reading

Posted in GBP/USD | Leave a comment

EUR/USD: Euro slips after rising on upbeat German employment data, Fed stance

For the 24 hours to 23:00 GMT, EUR climbed 0.26% against the USD and closed at 1.3301, following a report that revealed that number of unemployed people in Germany fell by 7,000 in June, defying expectations for a 4,000 decline. … Continue reading

Posted in EUR/USD | Leave a comment