For the 24 hours to 23:00 GMT, GBP dropped 0.45% against the USD and closed at 1.5173. In the Asian session, at GMT0300, the pair is trading at 1.5163, with the GBP trading marginally lower from yesterday’s close. Investors … Continue reading →

For the 24 hours to 23:00 GMT, GBP fell 0.64% against the USD and closed at 1.5242. In the UK, Lloyds business barometer index rose to a reading of 41.0 in July from 36.0 in June. In the Asian session, … Continue reading →

For the 24 hours to 23:00 GMT, GBP fell 0.33% against the USD and closed at 1.5340, after data revealed that mortgage approvals and net consumer credit in the UK rose less than expected in June. Moreover, the monthly house … Continue reading →

On Friday, GBP rose marginally against the USD and closed at 1.5383. In the Asian session, at GMT0300, the pair is trading at 1.5386, with the GBP trading marginally higher from Friday’s close. Data released this morning revealed that UK … Continue reading →

  For the 24 hours to 23:00 GMT, GBP rose 0.48% against the USD and closed at 1.5380, after economic reports showed that the UK economic growth met market expectations. UK economy registered a 0.6% sequential growth for the second … Continue reading →

For the 24 hours to 23:00 GMT, GBP fell 0.42% against the USD and closed at 1.5307. The Confederation of British Industry’s (CBI) industrial trends survey showed that the British factory order books improved more than expected in July, reaching … Continue reading →

  For the 24 hours to 23:00 GMT, GBP rose slightly against the USD and closed at 1.5372. Economic data out from the UK showed that mortgage approvals rose less-than-expected in June, but still hit the highest level since February … Continue reading →

  For the 24 hours to 23:00 GMT, GBP rose 0.52% against the USD and closed at 1.5365, amid comments by the UK Prime Minister, David Cameron, that the country’s economy is improving and may provide scope for the UK … Continue reading →

On Friday, GBP rose 0.27% against the USD and closed at 1.5262. In economic news, UK’s public sector net borrowing stood at £10.2 billion in June, against the expected net borrowing of £9.4 billion and compared to a revised borrowing … Continue reading →

  For the 24 hours to 23:00 GMT, GBP rose slightly against the USD and closed at 1.5221, after the annual retail sales data in the UK exceeded market forecasts, adding to evidence that the UK economic recovery is gaining … Continue reading →

  For the 24 hours to 23:00 GMT, GBP rose 0.53% against the USD and closed at 1.5209, after the after the Bank of England’s (BoE) July policy meeting minutes showed that all policymakers including new Governor, Mark Carney, voted … Continue reading →