For the 24 hours to 23:00 GMT, GBP fell 0.32% against the USD and closed at 1.5815, after more-than-expected drop in the UK retail sales. On a seasonally adjusted basis, retail sales dropped 0.8% (MoM) in February, against the market … Continue reading →

For the 24 hours to 23:00 GMT, GBP traded flat against the USD and closed at 1.5866. GBP had come under pressure after reports showed an unexpected jump in February UK public borrowing. The public sector net borrowing reported a … Continue reading →

For the 24 hours to 23:00 GMT, GBP fell 0.15% against the USD and closed at 1.5865, after the Confederation of British Industry said industrial order expectations declined more-than-expected in March. On the economic front, Consumer Price Index in the … Continue reading →

For the 24 hours to 23:00 GMT, GBP rose 0.28% against the USD and closed at 1.5889, amid mounting expectations that tomorrow’s annual UK budget would contain business-friendly tax adjustments to bolster economic growth. In economic news, Household Finance Index … Continue reading →

For the 24 hours to 23:00 GMT on Friday, GBP rose 0.87% against the USD and closed at 1.5841. In the Asian session, at GMT0400, the pair is trading at 1.5843, with the GBP trading 0.01% higher from Friday’s close. … Continue reading →

For the 24 hours to 23:00 GMT, GBP rose 0.24% against the USD and closed at 1.5705. In the Asian session, at GMT0400, the pair is trading at 1.5721, with the GBP trading 0.10% higher from yesterday’s close. The pair … Continue reading →

For the 24 hours to 23:00 GMT, GBP fell 0.24% against the USD and closed at1.5667, as domestic economic data failed to impress investors, with unemployment benefit claims climbing more than expected to 7,200 new claims, showing continued concerns for … Continue reading →

For the 24 hours to 23:00 GMT, GBP rose 0.41% against the USD and closed at 1.5704, on series of positive data from the UK. In the UK, on a seasonally adjusted basis, the visible trade deficit in the UK … Continue reading →

For the 24 hours to 23:00 GMT, GBP fell 0.18% against the USD and closed at 1.5640. In the Asian session, at GMT0400, the pair is trading at 1.5655, with the GBP trading 0.1% higher from yesterday’s close. This morning, … Continue reading →

For the 24 hours to 23:00 GMT on Friday, GBP fell 0.94% against the USD and closed at 1.5679, following the release of better-than-expected US employment data while weak data on UK industrial production weighed on Sterling. On the economic … Continue reading →

For the 24 hours to 23:00 GMT, GBP rose 0.54% against the USD and closed at 1.5828. The Bank of England (BoE) Monetary Policy Committee kept UK interest rates at their 3-year low of 0.5% and maintained the quantitative easing … Continue reading →