For the 24 hours to 23:00 GMT, GBP fell 0.36% against the USD and closed at 1.5779. In the UK, the public sector net borrowing swung to a surplus of £10.7 billion in January, marking the highest monthly budget surplus … Continue reading →

For the 24 hours to 23:00 GMT, GBP fell 0.24% against the USD and closed at 1.5836. In economic news, the Council of Mortgage Lenders reported that the UK gross mortgage lending declined 14% in January from December. In the … Continue reading →

For the 24 hours to 23:00 GMT on Friday, GBP rose 0.23% against the USD and closed at 1.5838, after retail sales in the UK unexpectedly rose 0.9% (MoM) in January, at the fastest pace since April 2011, and from … Continue reading →

For the 24 hours to 23:00 GMT, GBP rose 0.72% against the USD and closed at 1.5802. In the Asian session, at GMT0400, the pair is trading at 1.5806, with the GBP trading 0.02% higher from yesterday’s close. The pair … Continue reading →

For the 24 hours to 23:00 GMT, GBP traded flat against the USD and closed at 1.5690. GBP came under pressure after claimant count in the UK climbed by 6,900 to 1.60 million in January. The unemployment rate remained unchanged … Continue reading →

For the 24 hours to 23:00 GMT, GBP fell 0.31% against the USD and closed at 1.5690. Data released in the UK showed that the Consumer Price Index slowed to 3.6% (YoY) in January, marking the lowest level since November … Continue reading →

For the 24 hours to 23:00 GMT, GBP fell 0.38% against the USD and closed at 1.5740, after credit ratings agency, Moody’s put the UK on negative outlook. In the Asian session, at GMT0400, the pair is trading at 1.5715, … Continue reading →

For the 24 hours to 23:00 GMT, GBP fell 0.50% against the USD on Friday and closed at 1.5737. Data released in the UK showed that the producer price inflation in the UK eased to 4.1% (YoY) in January, marking … Continue reading →

For the 24 hours to 23:00 GMT, GBP rose 0.12% against the USD and closed at 1.5815, after the Bank of England’s decided to lift its bond-purchase program by £50 billion to £325 billion, and left interest rates unchanged at … Continue reading →

For the 24 hours to 23:00 GMT, GBP fell 0.66% against the USD and closed at 1.5797. In the Asian session, at GMT0400, the pair is trading at 1.5809, with the GBP trading 0.08% higher from yesterday’s close. The pair … Continue reading →

For the 24 hours to 23:00 GMT, GBP rose 0.53% against the USD and closed at 1.5901. The US dollar came under pressure after Federal Reserve Chairman, Ben S. Bernanke, reiterated that the job market in the US is still … Continue reading →