For the 24 hours to 23:00 GMT, GBP fell 0.51% against the USD and closed at 1.5228. On the economic front, the Conference Board leading economic index in the UK rose 0.4% in April, following the similar rate of … Continue reading →

  For the 24 hours to 23:00 GMT, GBP fell 0.25% against the USD and closed at 1.5306. Yesterday, the Confederation of British Industry (CBI) reported that the UK economy would expand 0.3% in this quarter, rising to 0.4% for … Continue reading →

  On Friday, GBP fell 0.58% against the USD and closed at 1.5354. In the UK, total trade deficit fell to £3.130 billion in March, from a revised £3.391 billion deficit recorded in the previous month. Market had expected a … Continue reading →

  For the 24 hours to 23:00 GMT, GBP fell 0.62% against the USD and closed at 1.5444. The Bank of England (BoE), in its monetary policy meeting yesterday, kept its benchmark interest rates unchanged at 0.5%, in line with … Continue reading →

  For the 24 hours to 23:00 GMT, GBP rose 0.40% against the USD and closed at 1.5541. Halifax house prices rose 1.1% (MoM) in April, following a revised 0.2% increase recorded in the previous month. Market had expected a … Continue reading →

  For the 24 hours to 23:00 GMT, GBP fell 0.39% against the USD and closed at 1.5477. With no major economic events yesterday, the Pound traded on general market cues. In the Asian session, at GMT0300, the pair is … Continue reading →

For the 24 hours to 23:00 GMT, GBP fell 0.24% against the USD and closed at 1.5538. With the UK traders away from the markets yesterday for a public holiday, trading in the pair remained subdued. In the Asian session, … Continue reading →

  For the 24 hours to 23:00 GMT, GBP fell 0.22% against the USD and closed at 1.5535, as upbeat US economic data overshadowed the better-than-expected rise in the UK construction PMI. The greenback strengthened as the US trade deficit … Continue reading →

For the 24 hours to 23:00 GMT, GBP rose 0.22% against the USD and closed at 1.5570, as investor sentiment was lifted after the seasonally adjusted manufacturing PMI in the UK rose to a reading of 49.8 in April, higher … Continue reading →

  For the 24 hours to 23:00 GMT, GBP rose 0.30% against the USD and closed at 1.5536, as a positive rise in UK’s March mortgage approvals lifted investor sentiment. UK’s mortgage approvals for house purchases in the UK rose … Continue reading →

For the 24 hours to 23:00 GMT, GBP ended flat against the USD and closed at 1.5490. In the Asian session, at GMT0300, the pair is trading at 1.5484, with the GBP trading marginally lower from yesterday’s close, after the … Continue reading →