GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP fell 0.37% against the USD and closed at 1.6768, after the BoE Governor, Mark Carney played down speculations for an earlier-than-expected interest rate hike in the UK economy by … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP fell 0.24% against the USD and closed at 1.6830. On Tuesday, the BoE Deputy Governor for Financial Stability, Sir Jon Cunliffe urged the Britain banks to undertake further reform … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.08% against the USD and closed at 1.6871. On Monday, the Confederation of British Industries (CBI), in its latest forecast report, upgraded its growth projections on the Britain … Continue reading →

GBPUSD Movement On Friday, GBP fell 0.49% against the USD and closed at 1.6849, as traders reacted negatively to the recent batch of mixed economic releases from the UK economy and following recent encouraging comments on the US economy by … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP fell 0.14% against the USD and closed at 1.6932. Yesterday, the BoE, at its May policy meeting, voted to keep interest rates at a historical low level of 0.5% … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP fell 0.10% against the USD and closed at 1.6956, as Fed Chief, Janet Yellen’s upbeat view on the US economic outlook supported the US Dollar. In the Asian session, … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.62% against the USD and closed at 1.6973, after the UK Markit service PMI beat expectations and rose to a level of 58.7 in April, the highest level … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP fell marginally against the USD and closed at 1.6868, in a subdued trading session on account of Early May Bank holiday in the UK. In the Asian session, at … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.08% against the USD and closed at 1.6890, after Markit PMI for the UK manufacturing sector rose more than market expectations to a reading of 57.3 in April, … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.30% against the USD and closed at 1.6876 as the latter declined following the release of a soft US GDP data for the first-quarter. In the UK, BoE’s … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.08% against the USD and closed at 1.6825, reversing its initial losses, triggered by a lacklustre UK GDP data for the first-quarter. Data showed that the Britain economy … Continue reading →