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- Crude Oil: Oil trading higher ahead of Baker Hughes weekly rig count data
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GBP/USD: UK Markit manufacturing PMI marginally lower than expectations
GBPUSD Movement On Friday, GBP fell 0.73% against the USD and closed at 1.5927. The US Dollar gained ground against the UK Pound following upbeat US ISM manufacturing PMI data and after two Fed officials indicated that an improvement in … Continue reading
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GBP/USD: Pound pares its gains in the Asian session
GBPUSD Movement For the 24 hours to 23:00 GMT, GBP rose 0.12% against the USD and closed at 1.6044, after data showed that, on a non-seasonally adjusted basis, UK’s nationwide housing prices rose 5.8% (YoY) in October, more than analysts’ … Continue reading
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GBP/USD: Gfk consumer confidence in UK unexpectedly deteriorates in October
GBPUSD Movement For the 24 hours to 23:00 GMT, GBP fell 0.14% against the USD and closed at 1.6025. The greenback rose following the release of a slightly less-dovish-than-expected statement from the Federal Reserve. In a lone economic data release … Continue reading
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GBP/USD: UK mortgage approvals rose the most since February 2008 in September
GBPUSD Movement For the 24 hours to 23:00 GMT, GBP fell 0.56% against the USD and closed at 1.6050, as investors refrained from taking riskier bets ahead of Fed policy decision, due on Wednesday. Sentiments were also weighed by the … Continue reading
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GBP/USD: Pound extends its losses in the Asian session
GBPUSD Movement For the 24 hours to 23:00 GMT, GBP fell 0.20% against the USD and closed at 1.6140. The US Dollar advanced against the UK Pound after a report revealed that industrial production in the US rose more-than-expected in … Continue reading
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GBP/USD: UK GDP rose in line with market expectations for the third quarter
GBPUSD Movement On Friday, GBP fell 0.15% against the USD and closed at 1.6174. Investors favoured the US Dollar after a report revealed that the durable goods orders in the US rose more-than-expected in the month of September, adding to … Continue reading
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GBP/USD: Pound trading higher ahead of UK GDP data
GBPUSD Movement For the 24 hours to 23:00 GMT, GBP rose 0.22% against the USD and closed at 1.6199, as investors’ appetite for risk taking increased after the Bank of England (BoE) Governor, Mark Carney reaffirmed his support for stronger … Continue reading
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GBP/USD: Policymakers unanimously voted to maintain loose monetary policies, indicates BoE minutes
GBPUSD Movement For the 24 hours to 23:00 GMT, GBP fell 0.42% against the USD and closed at 1.6164, as the minutes from the Bank of England (BoE) latest policy meeting, highlighted policymakers’ unanimous decision to refrain from altering its … Continue reading
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GBP/USD: UK economic recovery gaining traction, says BoE Deputy Governor, Charlie Bean
GBPUSD Movement For the 24 hours to 23:00 GMT, GBP rose 0.62% against the USD and closed at 1.6231. The greenback buckle against the Pound, as lacklustre US employment data fuelled fresh speculation that the Fed might continue with its … Continue reading
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GBP/USD: Pound extends its losses in the Asian session
GBPUSD Movement For the 24 hours to 23:00 GMT, GBP fell 0.23% against the USD and closed at 1.6133. However, the greenback’s gains against the Pound was kept in check after Chicago Fed President, Charles Evans, hinted that the Fed … Continue reading
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GBP/USD: House prices in the UK rises, indicates Rightmove
GBPUSD Movement On Friday, GBP rose 0.07% against the USD and closed at 1.6160. The US Dollar came under pressure after the Fed policymakers’, on Thursday, hinted that the central bank should not start tapering its $85 billion asset-purchase programme … Continue reading
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