GBPUSD Movement For the 24 hours to 23:00 GMT, GBP ended flat against the USD and closed at 1.5903, as investors refrained from taking riskier bets ahead of Fed’s stimulus decision, due later today. In the UK, an official report … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, GBP fell 0.21% against the USD and closed at 1.5902, as lingering uncertainty over Fed’s policy decision, lured investors to take refuge under the safe-haven dollar. In the Asian session, at … Continue reading →

GBPUSD Movement On Friday, GBP rose 0.47% against the USD and closed at 1.5878. The US Dollar gave up ground as negative sentiment was fuelled after the US retail sales failed to meet market expectation and after the White House … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, GBP declined 0.13% against the USD and closed at 1.5804. The US Dollar rose after data revealed that initial jobless claim in the US unexpectedly declined during the week ended September … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, GBP advanced 0.60% against the USD and closed at 1.5825, as upbeat domestic jobs data bolstered the growth outlook of the UK economy. An official report showed that jobless claims in … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, GBP rose 0.21% against the USD and closed at 1.5731, as risk appetite among investors increased after media reports highlighted Syrian Foreign Minister, Walid al-Moallem’s stance that his government has agreed … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, GBP gained 0.40% against the USD and closed at 1.5697, as investors cheered UK Chancellor of the Exchequer, George Osborne’s comments on the recovery of the Britain economy. He indicated that … Continue reading →

GBPUSD Movement On Friday, GBP rose 0.28% against the USD and closed at 1.5634, as investors favoured the pound following a downbeat US employment data, thus dampening the demand prospect of the dollar. However, the latest batch of dismal economic … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, GBP fell 0.20% against the USD and closed at 1.5590, after the Bank of England (BoE) refrained from changing its monetary policy, broadly in line with market expectations. The BoE kept … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, GBP rose 0.39% against the USD and closed at 1.5622, as data showed that activities in UK’s service sector expanded at the fastest pace since 2006 in August. Markit service PMI … Continue reading →

GBPUSD Movement For the 24 hours to 23:00 GMT, GBP rose 0.10% against the USD and closed at 1.5563, after a report showed that the UK’s construction PMI advanced for a fourth month in August. The construction PMI rose to … Continue reading →