For the 24 hours to 23:00 GMT, GBP rose 0.46% against the USD and closed at 1.5394. In the Asian session, at GMT0300, the pair is trading at 1.5396, with the GBP trading marginally higher from yesterday’s close. The … Continue reading →

  For the 24 hours to 23:00 GMT, GBP rose marginally against the USD and closed at 1.5324. In the Asian session, at GMT0300, the pair is trading at 1.5329, with the GBP trading marginally higher from yesterday’s close. The … Continue reading →

For the 24 hours to 23:00 GMT, GBP rose 0.38% against the USD and closed at 1.5322. Industrial production in the UK rose 1.0% (MoM) in February, compared to a 1.3% drop recorded in the previous month, while manufacturing production … Continue reading →

  For the 24 hours to 23:00 GMT, GBP fell 0.56% against the USD and closed at 1.5263. In the Asian session, at GMT0300, the pair is trading at 1.5267, with the GBP trading marginally higher from yesterday’s close. In … Continue reading →

On Friday, GBP rose 0.76% against the USD and closed at 1.5339. Pound was supported after the Standard &Poor’s retained Britain’s sovereign credit rating at ‘AAA’, citing the government capability to meet its fiscal challenges. Meanwhile, Halifax house prices on … Continue reading →

  For the 24 hours to 23:00 GMT, GBP rose 0.57% against the USD and closed at 1.5224, after the Bank of England refrained from expanding economic stimulus by leaving its monetary policy unchanged. The Bank of England’s (BoE) Monetary … Continue reading →

  For the 24 hours to 23:00 GMT, GBP rose 0.20% against the USD and closed at 1.5138, following the release of UK construction PMI data. Britain’s construction purchasing managers’ index (PMI) rose to a seasonally adjusted reading of 47.2 … Continue reading →

  For the 24 hours to 23:00 GMT, GBP fell 0.74% against the USD and closed at 1.5108, amid lackluster economic data. In economic news, manufacturing PMI in the UK rose to a reading of 48.3 in March, from a … Continue reading →

  For the 24 hours to 23:00 GMT, GBP rose 0.18% against the USD and closed at 1.5223, amid mixed US economic data. In the Asian session, at GMT0300, the pair is trading at 1.5246, with the GBP trading 0.15% … Continue reading →

  For the 24 hours to 23:00 GMT, GBP fell 0.24% against the USD and closed at 1.5127, after UK’s gross domestic product (GDP) shrank in the fourth quarter. The Britain’s GDP contracted 0.3% (QoQ) in the Q42012, in line … Continue reading →

  For the 24 hours to 23:00 GMT, GBP fell 0.11% against the USD and closed at 1.5161, as UK’s realized sales data disappointed investors. In the UK’s economic news, the Confederation of British Industry (CBI) in its monthly Distributive … Continue reading →