For the 24 hours to 23:00 GMT, GBP rose 0.17% against the USD and closed at 1.5743, as risk appetite rose amid optimism that Greece may secure a debt swap deal and on positive US private-sector jobs data. In the … Continue reading →

For the 24 hours to 23:00 GMT, GBP fell 0.93% against the USD and closed at 1.5717, after house prices in the UK fell unexpectedly in February, declining for the third time in the past four months. Lloyds Banking Group’s … Continue reading →

For the 24 hours to 23:00 GMT, GBP rose 0.14% against the USD and closed at 1.5864. Data released in the UK showed that the Purchasing Managers’ Index for the service sector declined to a reading of 53.8 in February, … Continue reading →

For the 24 hours to 23:00 GMT, GBP fell 0.73% against the USD on Friday and closed at 1.5842. In the UK, the construction Purchasing Managers’ Index (PMI) climbed unexpectedly to a reading of 54.3 in February, from a reading … Continue reading →

  For the 24 hours to 23:00 GMT, GBP rose 0.22% against the USD and closed at 1.5958, on an upbeat UK house price data. On an annual basis, the Nationwide Housing Prices in the UK rose 0.9% in February, … Continue reading →

For the 24 hours to 23:00 GMT, GBP rose 0.14% against the USD and closed at 1.5923, after the release of positive economic data in the UK. Data released in the UK showed that the mortgage approvals advanced to 58,728 … Continue reading →

For the 24 hours to 23:00 GMT, GBP rose 0.45% against the USD and closed at 1.5900. The Confederation of British Industry (CBI) in its Distributive Trades Survey reported that the retail sales balance in the UK climbed to -2.0 … Continue reading →

For the 24 hours to 23:00 GMT, GBP fell 0.39% against the USD and closed at 1.5829. Chancellor of the Exchequer, George Osborne, stated that he would not borrow money to fund tax cuts or increase spending in the 2012 … Continue reading →

On Friday, for the 24 hours to 23:00 GMT, GBP rose 0.88% against the USD and closed at 1.5886. Data released in the UK showed that on a sequential basis, the Gross Domestic Product (GDP) fell 0.2% in the fourth-quarter … Continue reading →

For the 24 hours to 23:00 GMT, GBP rose 0.51% against the USD and closed at 1.5747, after the CBI reported that UK factory orders rose to a six-month high in February. On the economic front, the Confederation of British … Continue reading →

For the 24 hours to 23:00 GMT, GBP fell 0.71% against the USD and closed at 1.5666, after minutes from the Bank of England’s Monetary Policy Committee revealed that members Adam Posen and David Miles pushed for a £75 billion … Continue reading →