For the 24 hours to 23:00 GMT, GBP fell 0.84% against the USD and closed at 1.5927, following reports showing a decline in UK manufacturing data. The manufacturing Purchasing Managers’ Index in the UK declined to 47.4 in October compared … Continue reading →

For the 24 hours to 23:00 GMT, GBP fell 0.40% against the USD and closed at 1.6062. In the UK, the money supply declined 1.7% (Y-o-Y) in September, compared to a 0.6% decline recorded in the previous month. Mortgage approvals … Continue reading →

For the 24 hours to 23:00 GMT, GBP rose 0.24% against the USD, on Friday, and closed at 1.6127. In the Asian session, at GMT0400, the pair is trading at 1.5989, with the GBP trading 0.86% lower from Friday’s close. … Continue reading →

For the 24 hours to 23:00 GMT, GBP rose 0.83% against the USD and closed at 1.6088. In the UK, the CBI distributive trades survey declined 11.0% in October, following a 15.0% declined in the previous month. Additionally, the Gfk … Continue reading →

For the 24 hours to 23:00 GMT, GBP fell 0.28% against the USD and closed at 1.5956, amid concerns that the eurozone leaders would be unable to find a solution to the debt crisis. In the UK, the Confederation of … Continue reading →

For the 24 hours to 23:00 GMT, GBP rose marginally against the USD and closed at 1.6000. In the UK, the British Bankers’ Association (BBA) indicated that the number of mortgage approvals unexpectedly dropped to 33,130 in September, from 35,069 … Continue reading →

For the 24 hours to 23:00 GMT, GBP rose 0.33% against the USD and closed at 1.5996. In the Asian session, at GMT0300, the pair is trading at 1.5999, with the GBP trading flat from yesterday’s close. The pair is … Continue reading →

For the 24 hours to 23:00 GMT, GBP rose 1.10% against the USD, on Friday, and closed at 1.5968, after economic reports showed that the public sector net borrowing rose less than expected in September. The public sector net borrowing, … Continue reading →

For the 24 hours to 23:00 GMT, GBP rose 0.12% against the USD and closed at 1.5794. In the UK, the retail sales rose 0.6% in September, compared to a 0.4% decline in the previous month. Additionally, this morning, the … Continue reading →

For the 24 hours to 23:00 GMT, GBP rose 0.39% against the USD and closed at 1.5775. The Bank of England (BoE) October meeting minutes showed that the BoE policymakers unanimously decided to expand quantitative easing by £75.0 billion to … Continue reading →

For the 24 hours to 23:00 GMT, GBP fell 0.20% against the USD and closed at 1.5713, as higher UK inflation failed to persuade investors that the Bank of England (BoE) would temper its bond-buying program after it was revived … Continue reading →