GBPUSD Movement On Friday, the GBP rose 0.31% against the USD and closed at 1.6771, as the greenback lost ground following a more-than-expected fall in the US consumer sentiment index for May. In the UK, a BoE policymaker, Andrew Haldane, … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose marginally against the USD and closed at 1.6720, as a lacklustre US GDP data weighed on the greenback. The British Pound benefited from a report that showed the … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP fell 0.57% against the USD and closed at 1.6714. In an interview with the Financial Times, a BoE policymaker, Martin Weale opined that the BoE should not delay in … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP fell 0.19% against the USD and closed at 1.6810, as the latest batch of encouraging economic data from the US spurred demand for the greenback. Meanwhile, in the UK, … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.06% against the USD and closed at 1.6842, in a holiday-thin trading session on account of a Spring Bank holiday in the UK and a Memorial Day holiday … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP fell 0.19% against the USD and closed at 1.6867, as the latter benefited from a strong US manufacturing and housing data. In the UK, the BoE Governor, Mark Carney, … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.37% against the USD and closed at 1.6899 after data showed that annual retail sales in the UK economy rose at the fastest pace in 10 years in … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.13% against the USD and closed at 1.6836 after data showed that UK consumer inflation rate rose for the first time in 10 months to an annual rate … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP fell 0.06% against the USD and closed at 1.6814, as traders mulled the BoE Governor, Mark Carney’s comments, made during the weekend, that the booming housing sector in the … Continue reading →

GBPUSD Movement On Friday, GBP rose 0.17% against the USD and closed at 1.6822. Late Saturday, the Bank of England (BoE) Governor, Mark Carney, citing large increase in the nation’s mortgage level, cautioned that the Britain’s housing market posed the … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP 0.16% against the USD and closed at 1.6794. On Thursday, BoE’s Ben Broadbent acknowledged the fact that growth in the UK economy has gained momentum but at the same … Continue reading →