For the 24 hours to 23:00 GMT, GBP rose marginally against the USD and closed at 1.5838. Gains in the Pound were capped as market sentiment weakened amid talks over the organization of financial aid to banks by the … Continue reading →

  For the 24 hours to 23:00 GMT, GBP fell 0.13% against the USD and closed at 1.5835, amid persistent concerns over the faltering economic recovery in the UK. In the Asian session, at GMT0400, the pair is trading at … Continue reading →

  For the 24 hours to 23:00 GMT on Friday, GBP fell 0.63% against the USD and closed at 1.5877, amid disappointing UK retail sales figures. Retail sales in the UK unexpectedly declined 0.1% (MoM) in December, after staying flat … Continue reading →

  For the 24 hours to 23:00 GMT, GBP fell 0.14% against the USD and closed at 1.5978. In the Asian session, at GMT0400, the pair is trading at 1.5983, with the GBP trading marginally higher from yesterday’s close. In … Continue reading →

  For the 24 hours to 23:00 GMT, GBP fell 0.38% against the USD and closed at 1.6001, as global growth concerns coupled with ongoing uncertainty over the UK’s role in the European Union continued to weigh on demand for … Continue reading →

  For the 24 hours to 23:00 GMT, GBP fell marginally against the USD and closed at 1.6062, as market sentiment was hit by concerns over the US debt ceiling debate. In the UK economic news, the retail price index … Continue reading →

  For the 24 hours to 23:00 GMT, GBP fell 0.29% against the USD and closed at 1.6076, as pressure for the UK government to renegotiate the terms of its European Union (EU) membership intensified. The UK opposition leader, Ed … Continue reading →

  For the 24 hours to 23:00 GMT on Friday, GBP fell 0.19% against the USD and closed at 1.6134, amid disappointing UK economic data. On Friday, the annual industrial production fell 2.4% in November, against the expectations of a … Continue reading →

For the 24 hours to 23:00 GMT, GBP rose 0.94% against the USD and closed at 1.6164, after the Bank of England left its monetary policy unchanged. The Monetary Policy Committee of the Bank of England (BoE) headed by Governor, … Continue reading →

  For the 24 hours to 23:00 GMT, GBP fell 0.28% against the USD and closed at 1.6015, as the narrowing trade deficit failed to shrug off the prevailing weakness in Pound following a recent raft of disappointing economic releases. … Continue reading →

For the 24 hours to 23:00 GMT, GBP fell 0.39% against the USD and closed at 1.6060. In the Asian session, at GMT0400, the pair is trading at 1.6044, with the GBP trading 0.10% lower from yesterday’s close. Data released … Continue reading →