GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.26% against the USD and closed at 1.7149, after Markit Economics reported that its final PMI on UK’s manufacturing sector unexpectedly rose at the fastest pace in seven … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.42% against the USD and closed at 1.7105. In economic releases, the BoE reported that mortgage approvals in the UK economy fell for the fourth consecutive month to … Continue reading →

GBPUSD Movement On Friday, the GBP rose 0.09% against the USD and closed at 1.7044, as data confirmed that UK GDP rose 0.8% (QoQ) in the first quarter, faster than the 0.7% pace of rise in the preceding quarter, helped … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.25% against the USD and closed at 1.7028, amid speculations that the newly introduced BoE mortgage limits would not hamper UK’s economic growth. Yesterday, the BoE, in its … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP finished flat against the USD and closed at 1.6985, amid lack of major economic releases in the UK economy. However, later during the day, the Confederation of British Industry … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP fell 0.26% against the USD and closed at 1.6985, as BoE Governor, Mark Carney’s dovish comments on the nation’s labour market conditions dampened expectations for an early interest rate … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose marginally against the USD and closed at 1.7029. Yesterday, a BoE policymaker, David Miles, in his written newspaper comment, highlighted his willingness to vote for an interest rate … Continue reading →

GBPUSD Movement On Friday, the GBP fell 0.19% against the USD and closed at 1.7006. At a newspaper interview, BoE’s Chief Economist, Andy Haldane hinted that the central bank is under no pressure to raise its interest rate anytime soon, … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.29% against the USD and closed at 1.7039. In the UK, a BoE policymaker, Ian McCafferty, indicated that an interest rate hike in the economy would “depend on … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.17% against the USD and closed at 1.6989. The US dollar declined after the Fed slashed its growth-outlook on the US economy for 2014 and the Fed Chief, … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP fell 0.12% against the USD and closed at 1.6960, hurt by a lacklustre UK consumer inflation data. On the other hand, the greenback advanced as data showed that consumer … Continue reading →