GBPUSD Movement For the 24 hours to 23:00 GMT, GBP fell 0.55% against the USD and closed at 1.6638, after the Bank of England (BoE) member, Charlie Bean stated that a further appreciation in the British Pound would interfere with … Continue reading →

GBPUSD Movement On Friday, GBP fell 0.06% against the USD and closed at 1.6731, after the Bank of England (BoE) reported that consumer inflation expectations in the UK economy for next 12 months fell to 2.8%, from an earlier expectation … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, GBP rose 0.16% against the USD and closed at 1.6741, despite Bank of England’s (BoE) decision to keep its interest rate unchanged at a record low level of 0.5% and maintain … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, GBP rose 0.30% against the USD and closed at 1.6715, as traders reacted positively to a less-than-expected fall in the UK Markit service PMI data. The Markit Economics reported that its … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, GBP traded flat against the USD and closed at 1.6665, as a soft UK construction PMI data overshadowed optimism on easing Ukraine tensions. The UK construction PMI declined to a reading … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, GBP fell 0.42% against the USD and closed at 1.6665, as concerns over the Ukraine crisis and upbeat economic data from the US fuelled safe-haven greenback demand. However earlier during the … Continue reading →

GBPUSD Movement On Friday, GBP rose 0.33% against the USD and closed at 1.6746 after the Nationwide housing prices in the UK rose for the 14th straight month by 0.6% (MoM) in February, broadly in-line with market estimates, but slightly … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, GBP rose 0.15% against the USD and closed at 1.6691, as the greenback declined, hurt by a dismal weekly jobless claims data and Fed Chief, Janet Yellen’s comments before the US … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, GBP marginally fell against the USD and closed at 1.6666, as the US Dollar advanced following a surge in the US new home sales data for January. The British Pound came … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, GBP rose 0.11% against the USD and closed at 1.6675, after the Bank of England (BoE) policymaker, Ian McCafferty stated that market expectations for a rate hike in spring of 2015 … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, GBP rose 0.14% against the USD and closed at 1.6656, after the Bank of England (BoE) Governor, Mark Carney hinted towards a new phase of forward guidance to “ensure sustainable growth … Continue reading →