GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.59% against the USD and closed at 1.4167, after the BoE Governor, Mark Carney, signaled that a boost to UK’s interest rates is still some way off. He … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP fell marginally against the USD and closed at 1.4250. Yesterday, the BoE’s monetary policy committee member, Gertjan Vlieghe, struck a dovish tone by stating that UK’s current economic conditions … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP fell 0.94% against the USD and closed at 1.4280, following the release of dismal UK construction output data. Data showed that seasonally adjusted construction output in the UK surprisingly … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP fell marginally against the USD and closed at 1.4416. Yesterday, the BoE kept benchmark interest rate unchanged at a historic low of 0.5% over fears that Britain’s economy remains … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP fell 0.12% against the USD and closed at 1.4420. In the Asian session, at GMT0400, the pair is trading at 1.4404, with the GBP trading 0.11% lower from yesterday’s … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.76% against the USD and closed at 1.4437, on the back of downbeat economic data in the UK. Data showed that, UK’s industrial production declined at the fastest … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.25% against the USD and closed at 1.4547. In the Asian session, at GMT0400, the pair is trading at 1.4536, with the GBP trading 0.08% lower from yesterday’s … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.68% against the USD and closed at 1.4526. On the economic front, UK’s total trade deficit narrowed to a level of £3.17 billion in November, led mainly by … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP fell marginally against the USD and closed at 1.4625. In economic news, UK’s Halifax house price index rebounded above expectations by 1.7% MoM in December, after registering a fall … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP fell 0.35% against the USD and closed at 1.4627, after the UK’s Markit services PMI expanded at a slower-than-anticipated pace and recorded a reading of 55.5 in December, compared … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP fell 0.22% against the USD and closed at 1.4679. In economic news, UK’s Markit construction PMI rebounded more-than-expected to a level of 57.8 in December, from a seven-month low … Continue reading →