For the 24 hours to 23:00 GMT, GBP rose 0.40% against the USD on Friday and closed at 1.5551, after the Office for National Statistics reported that the UK retail rose 0.6% (MoM) in December, following a revised 0.5% drop … Continue reading →

For the 24 hours to 23:00 GMT, GBP rose 0.38% against the USD and closed at 1.5490. In the Asian session, at GMT0400, the pair is trading at 1.5490, with the GBP trading steady from yesterday’s close. The pair is … Continue reading →

For the 24 hours to 23:00 GMT, GBP rose 0.66 % against the USD and closed at 1.5431, as investors appetite for riskier currency rose, shrugging off the surge in the unemployment rate in the UK. The unemployment rate in … Continue reading →

For the 24 hours to 23:00 GMT, GBP rose marginally higher against the USD and closed at 1.5331. The pound rose against the broadly weaker US dollar, as market sentiment was buoyed by stronger than expected Euro-zone and Chinese economic … Continue reading →

For the 24 hours to 23:00 GMT, GBP rose 0.16% against the USD and closed at 1.5318. In response to the downgrade of nine of the 17 Euro-zone economies by Standard & Poor’s, the UK Chancellor of the Exchequer George … Continue reading →

For the 24 hours to 23:00 GMT, GBP fell 0.27% against the USD on Friday and closed at 1.5294, as demand for the dollar increased following reports that the Standard & Poor’s ratings agency downgraded nine Euro-zone countries. On Friday, … Continue reading →

For the 24 hours to 23:00 GMT, GBP rose 0.10% against the USD and closed at 1.5336. In the UK, industrial production retreated 0.6% (MoM) in November, from a revised 1.0% decline in October. Also, manufacturing production fell 0.2% (MoM) … Continue reading →

For the 24 hours to 23:00 GMT, GBP retreated 1.01% against the USD and closed at 1.5321, after a report indicated an increase in the UK goods trade deficit. In the UK, on a seasonally adjusted basis, the goods trade … Continue reading →

For the 24 hours to 23:00 GMT, GBP rose 0.09% against the USD and closed at 1.5477. In the UK, the British Retail Consortium (BRC) reported that shop price inflation retreated to 1.7% (MoM) in December, from 2.0% in November, … Continue reading →

  For the 24 hours to 23:00 GMT, GBP rose 0.30% against the USD and closed at 1.5462. In the UK, this morning, the BRC retail sales rose 2.2% (YoY) in December. Additionally, the RICS house price balance stood at … Continue reading →

  For the 24 hours to 23:00 GMT, GBP fell 0.40% against the USD, on Friday, and closed at 1.5430. In the UK, according to the survey conducted by mortgage lender, Halifax, house prices fell 0.9% (MoM) in December. In … Continue reading →