For the 24 hours to 23:00 GMT, GBP rose 0.22% against the USD and closed at 1.5261. On the economic front, the Confederation of British Industry (CBI) indicated that its index of industrial order expectations improved to a reading … Continue reading →

  For the 24 hours to 23:00 GMT, GBP fell 1.29% against the USD and closed at 1.5228, as minutes of Bank of England revealed a split in the 9-member Monetary Policy Committee, with three members voting for more easing, … Continue reading →

  For the 24 hours to 23:00 GMT, GBP fell 0.33% against the USD and closed at 1.5427. In the Asian session, at GMT0400, the pair is trading at 1.5443, with the GBP trading 0.1% higher from yesterday’s close, as … Continue reading →

  For the 24 hours to 23:00 GMT, GBP ended flat against the USD and closed at 1.5477. The Pound tracked losses earlier against the US Dollar, after a member of Monetary Policy Committee, Martin Weale opined that weaker Sterling … Continue reading →

For the 24 hours to 23:00 GMT on Friday, GBP rose 0.20% against the USD and closed at 1.5518. On the economic front, annual retail sales in the UK eased 0.6% in January, compared to a revised 0.1% rise recorded … Continue reading →

  For the 24 hours to 23:00 GMT, GBP fell 0.30% against the USD and closed at 1.5485, as investor risk appetite decreased after reports indicated that economies across the Euro-zone contracted more than expected in the fourth quarter of … Continue reading →

  For the 24 hours to 23:00 GMT, GBP fell 0.92% against the USD and closed at 1.5532, after the Bank of England (BoE) gave downbeat growth outlook for the UK economy and indicated that inflation would likely stay above … Continue reading →

  For the 24 hours to 23:00 GMT, GBP rose 0.14% against the USD and closed at 1.5677, as the greenback weakened after the G7 industrial nations stated that countries should not use monetary policy to actively weaken their currencies. … Continue reading →

  For the 24 hours to 23:00 GMT, GBP fell 0.91% against the USD and closed at 1.5655. In the Asian session, at GMT0400, the pair is trading at 1.5659, with the GBP trading marginally higher from yesterday’s close. In … Continue reading →

  For the 24 hours to 23:00 GMT on Friday, GBP rose 0.62% against the USD and closed at 1.5803, as risk appetite improved among investors after the release of strong US trade balance data. In the US, the trade … Continue reading →

For the 24 hours to 23:00 GMT, GBP rose 0.27% against the USD and closed at 1.5706, amid positive UK economic data and as the Bank of England left interest rates on hold at 0.50% and voted to maintain its … Continue reading →