GBPUSD Movement For the 24 hours to 23:00 GMT, GBP rose 0.67% against the USD and closed at 1.6385, after the Bank of England (BoE) released its minutes from its December 5th policy meeting. The minutes revealed that that the … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, GBP fell 0.15% against the USD and closed at 1.6275, after the annual rate of inflation in the UK fell to a four-year low in November. The UK National Statistics Office … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, GBP rose 0.07% against the USD and closed at 1.6311. The US Dollar weakened after lower than expected US PMI manufacturing data in December. The Manufacturing PMI declined to 54.4 in … Continue reading →

GBPUSD Movement On Friday, GBP fell 0.27% against the USD and closed at 1.6294, after the Bank of England (BoE)’s chief economist, Spencer Dale, indicated that the central bank would not raise interest rates until Britain has enjoyed a “prolonged … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, GBP fell 0.23% against the USD and closed at 1.6339. On the macro front, the Conference Board (CB) indicated that the UK leading economic index increased 0.4% in October, compared to … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, GBP fell 0.49% against the USD and closed at 1.6377, after the Bank of England (BoE), policy-maker, Martin Weale warned that inflation in the UK has witnessed a sharp decline. He … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, GBP rose 0.21% against the USD and closed at 1.6457, after the National Institute of Economic and Social Research (NIESR) estimated the UK economy to have grown 0.8% in the three … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, GBP rose 0.59% against the USD and closed at 1.6423, after the Bank of England (BoE) Governor, Mark Carney, in a speech in New York, stated that UK economic news “has … Continue reading →

GBPUSD Movement On Friday, GBP rose 0.06% against the USD and closed at 1.6340, as risk-appetite among investors rose after a report from the Bank of England (BoE) showed that median expectations for inflation over the next 12 months rose … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, GBP fell 0.28% against the USD and closed at 1.6332. In its policy meeting, the Bank of England (BoE) left its monetary policy unchanged. The BoE’s interest rate decision came after … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, GBP fell 0.07% against the USD and closed at 1.6378, after the UK services PMI fell to a reading of 60.0 in November, compared to 62.5 the preceding month, the highest … Continue reading →