For the 24 hours to 23:00 GMT, GBP rose marginally against the USD and closed at 1.6135, following positive UK employment data and as the minutes of the Bank of England’s meeting revealed that policymakers voted unanimously to leave … Continue reading →

  For the 24 hours to 23:00 GMT, GBP rose 0.29% against the USD and closed at 1.6127. The Pound came under pressure earlier, after the UK data showed a slowdown in consumer inflation in September, raising speculation that the … Continue reading →

  For the 24 hours to 23:00 GMT, GBP rose 0.14% against the USD and closed at 1.6080. In the Asian session, at GMT0300, the pair is trading at 1.6069, with the GBP trading 0.07% lower from yesterday’s close. The … Continue reading →

For the 24 hours to 23:00 GMT on Friday, GBP rose 0.08% against the USD and closed at 1.6057. On Friday, the Conference Board’s leading economic index in the UK rose 0.2% in August, compared to a 0.1% rise in … Continue reading →

  For the 24 hours to 23:00 GMT, GBP rose 0.24% against the USD and closed at 1.6044. According to the Office for National Statistics the British economy got a mild boost from the money spent by overseas visitors to … Continue reading →

  For the 24 hours to 23:00 GMT, GBP rose 0.07% against the USD and closed at 1.6006. In the US, the Federal Reserve’s Beige Book revealed that the housing market has shown “widespread improvement”, but economic activity has improved … Continue reading →

For the 24 hours to 23:00 GMT, GBP fell 0.26% against the USD and closed at 1.5990, as global growth concerns continued to dampen investor confidence, while weak UK economic data also weighed. The IMF indicated that the UK economy … Continue reading →

  For the 24 hours to 23:00 GMT, GBP fell 0.66% against the USD and closed at 1.6030, as concerns over the handling of the Euro-zone’s sovereign debt crisis weighed on demand for riskier currencies. Meanwhile, the UK Chancellor of … Continue reading →

  For the 24 hours to 23:00 GMT on Friday, GBP fell 0.33% against the USD and closed at 1.6130. Over the weekend, the UK Prime Minister, David Cameron stated that the economy is rebalancing toward the private sector as … Continue reading →

For the 24 hours to 23:00 GMT, GBP rose 0.53% against the USD and closed at 1.6186, as encouraging comments by European Central Bank (ECB) President, Mario Draghi boosted market sentiment while the Pound remained supported after the Bank of … Continue reading →

For the 24 hours to 23:00 GMT, GBP fell 0.20% against the USD and closed at 1.6097. In the UK, services Purchasing Managers’ Index (PMI) on a seasonally adjusted basis slipped to 52.2 in September, from 53.7 in August. In … Continue reading →