For the 24 hours to 23:00 GMT, GBP fell 0.27% against the USD and closed at 1.5859, as ongoing concerns over the debt crisis in the Euro-zone and the outlook for global economic growth dampened demand for riskier assets. In … Continue reading →

  For the 24 hours to 23:00 GMT, GBP rose 0.23% against the USD and closed at 1.5902. However, during the intraday session it came under pressure, as market participants were jittery amid new uncertainty over the extent of the … Continue reading →

For the 24 hours to 23:00 GMT, GBP fell 0.08% against the USD and closed at 1.5894, as risk appetite was affected after disappointing Spanish bond auction raised concern that the region is struggling to overcome its sovereign-debt crisis. In … Continue reading →

For the 24 hours to 23:00 GMT, GBP fell 0.75% against the USD and closed at 1.5907. Earlier, the Pound had advanced after the construction Purchasing Managers’ Index (PMI) in the UK rose unexpectedly to 56.7 in March, marking the … Continue reading →

For the 24 hours to 23:00 GMT, GBP rose 0.04% against the USD and closed at 1.6027, after the manufacturing Purchasing Managers Index (PMI) in the UK rose to a 10-month high in March. On a seasonally adjusted basis, the … Continue reading →

For the 24 hours to 23:00 GMT on Friday, GBP rose 0.41% against the USD and closed at 1.6021, after Euro-zone Finance Ministers boosted the region’s debt firewall, boosting risk appetite. Meanwhile, a study by the Organisation of Economic Cooperation … Continue reading →

For the 24 hours to 23:00 GMT, GBP fell 0.39% against the USD and closed at 1.5891, after the UK Office for National Statistics revised down its estimate of fourth-quarter Gross Domestic Product to show a quarterly contraction of 0.3% … Continue reading →

For the 24 hours to 23:00 GMT, GBP fell 0.03% against the USD and closed at 1.5954. On the economic front, the Confederation of British Industry (CBI) in its Distributive Trades Survey indicated that the retail sales balance in the … Continue reading →

For the 24 hours to 23:00 GMT, GBP rose 0.52% against the USD and closed at 1.5959, as the dollar weakened, amid speculation that the Federal Reserve would maintain easy monetary policy to sustain growth in the US economy. In … Continue reading →

For the 24 hours to 23:00 GMT on Friday, GBP rose 0.39% against the USD and closed at 1.5877. The Bank of England policymaker, Martin Weale, has stated that the UK’s economy looks likely to have expanded in the first … Continue reading →