For the 24 hours to 23:00 GMT on Friday, GBP rose 0.56% against the USD and closed at 1.5877. In economic news, in the UK, Nationwide house prices declined 0.7% annually in August, compared to a 2.6% drop in July. … Continue reading →

For the 24 hours to 23:00 GMT, GBP fell 0.28% against the USD and closed at 1.5789. In the UK, consumer credit, excluding student loans, unexpectedly declined by £0.2 billion in July, following a revised £0.1 billion gain in the … Continue reading →

For the 24 hours to 23:00 GMT, GBP rose 0.08% against the USD and closed at 1.5834. In the Asian session, at GMT0300, the pair is trading at 1.5831, with the GBP trading flat from yesterday’s close. The pair is … Continue reading →

For the 24 hours to 23:00 GMT, GBP rose 0.18% against the USD and closed at 1.5821. There were no major releases in the UK yesterday. Meanwhile, in the US, the Conference Board reported that its consumer confidence index fell … Continue reading →

For the 24 hours to 23:00 GMT, GBP fell 0.15% against the USD and closed at 1.5792. In the UK, the Hometrack house price index fell 0.1% (MoM) in August, in line with the market expectations. Meanwhile, the US Dallas … Continue reading →

For the 24 hours to 23:00 GMT, GBP fell 0.18% against the USD and closed at 1.5856. In the UK, the Confederation of British Industry (CBI) reported that retail sales balance unexpectedly fell to the reading of -3 in August, … Continue reading →

For the 24 hours to 23:00 GMT, GBP rose 0.68% against the USD and closed at 1.5884. Earlier yesterday, the Bank of England policymaker, Adam Posen stated that the UK economy was stagnating and warned that if the situation in … Continue reading →

For the 24 hours to 23:00 GMT, GBP rose 0.41% against the USD and closed at 1.5776. In the UK, public sector net borrowing posted a surplus of £1.795 billion in July, following a revised £12.203 billion deficit in June. … Continue reading →

For the 24 hours to 23:00 GMT, GBP rose 0.14% against the USD and closed at 1.5712. In the Asian session, at GMT0300, the pair is trading at 1.5719, with the GBP trading marginally higher from yesterday’s close. The pair … Continue reading →

For the 24 hours to 23:00 GMT on Friday, GBP fell 0.31% against the USD and closed at 1.5687. In the Asian session, at GMT0300, the pair is trading at 1.5691, with the GBP trading marginally higher from Friday’s close. … Continue reading →

For the 24 hours to 23:00 GMT, GBP rose 0.38% against the USD and closed at 1.5736, amid better-than-expected UK retail sales data. In the UK, retail sales rose 0.3% (MoM) in July, against the forecast for a 0.1% drop … Continue reading →