For the 24 hours to 23:00 GMT, GBP fell 0.09% against the USD and closed at 1.5675. In the Asian session, at GMT0300, the pair is trading at 1.5670, with the GBP trading marginally lower from yesterday’s close. The pair … Continue reading →

For the 24 hours to 23:00 GMT on Friday, GBP rose 0.17% against the USD and closed at 1.5689. In the Asian session, at GMT0300, the pair is trading at 1.5695, with the GBP trading 0.03% higher from Friday’s close. … Continue reading →

For the 24 hours to 23:00 GMT, GBP fell 0.23% against the USD and closed at 1.5663, after the UK economy shrank more-than-initially estimated during the first quarter of 2012. In the UK, Gross Domestic Product (GDP) fell 0.3% (QoQ) … Continue reading →

For the 24 hours to 23:00 GMT, GBP fell 0.45% against the USD and closed at 1.5699, following the release of the Bank of England’s May meeting minutes and after retail sales in the UK fell at their fastest monthly … Continue reading →

For the 24 hours to 23:00 GMT, GBP fell 0.36% against the USD and closed at 1.5769, after the UK annual inflation slowed more-than-expected in April and reached the lowest since February 2010, raising the possibility of a new round … Continue reading →

For the 24 hours to 23:00 GMT, GBP rose 0.20% against the USD and closed at 1.5826, after a member of the Bank of England’s regulatory body, Michael Cohrs, stated that UK banks are strong enough to withstand a Greek … Continue reading →

For the 24 hours to 23:00 GMT on Friday, GBP rose 0.25% against the USD and closed at 1.5828. Earlier, GBP had come under pressure, after Bank of England policymaker, Adam Posen, stated that he may have been premature in … Continue reading →

For the 24 hours to 23:00 GMT, GBP fell 0.80% against the USD and closed at 1.5788, as concerns that Europe’s debt crisis would worsen amid Greece’s political turmoil, dampened risk appetite. The UK Prime Minister, David Cameron in a … Continue reading →

For the 24 hours to 23:00 GMT, GBP fell 0.48% against the USD and closed at 1.5916, after Bank of England (BoE) cut the UK growth forecast for 2012 and expected inflation to stay above target for a year. The … Continue reading →

For the 24 hours to 23:00 GMT, GBP fell 0.67% against the USD and closed at 1.5993, after goods trade deficit in the UK narrowed to £8.56 billion in March, from £8.59 billion in February. Economists had expected the goods … Continue reading →

For the 24 hours to 23:00 GMT, GBP rose 0.21% against the USD and closed at 1.6100. In the Asian session, at GMT0300, the pair is trading at 1.6093, with the GBP trading steady from yesterday’s close. The pair is … Continue reading →