For the 24 hours to 23:00 GMT, GBP fell 0.49% against the USD and closed at 1.5745, amid concerns that the UK economic growth would falter as European leaders struggle to meet a one-week deadline to find a solution to … Continue reading →

For the 24 hours to 23:00 GMT, GBP rose 0.44% against the USD, on Friday, and closed at 1.5813. In the UK, on a monthly basis, the construction output rose 0.4% in August. Additionally, this morning, the Rightmove House Price … Continue reading →

For the 24 hours to 23:00 GMT, GBP traded flat against the USD and closed at 1.5743. In the UK, goods trade deficit declined to £7.8 billion in August, compared to a deficit of £8.2 billion recorded in July. Additionally, … Continue reading →

For the 24 hours to 23:00 GMT, GBP rose 1.01% against the USD and closed at 1.5747. In the UK, on a seasonally adjusted basis, the claimant count rose 17,500 in September. The unemployment rate stood at 8.1% for the … Continue reading →

For the 24 hours to 23:00 GMT, GBP fell 0.43% against the USD and closed at 1.5590, after UK manufacturing production declined 0.3% (M-o-M) in August, following a 0.1% rise in July. Pound further declined after the British Chambers of … Continue reading →

For the 24 hours to 23:00 GMT, GBP rose 0.77% against the USD and closed at 1.5657. In the UK, Lloyds Bank Corporate Markets indicated that its employment confidence index retreated to -67.0 in September, from -66.0 in August. This … Continue reading →

For the 24 hours to 23:00 GMT, GBP rose 0.82% against the USD, on Friday, and closed at 1.5560. In the UK, the output Producer Price Index (PPI) rose 6.3% (Y-o-Y) in September, following a 6.0% growth recorded in August. … Continue reading →

For the 24 hours to 23:00 GMT, GBP fell 0.21% against the USD and closed at 1.5433, after the Bank of England (BoE) stated that it would inject a further £75 billion into the economy through quantitative easing (QE). Meanwhile, … Continue reading →

For the 24 hours to 23:00 GMT, GBP traded flat against the USD and closed at 1.5465. Pound was initially pressurized, after a report showed that the economic growth slowed more than the market expectations in the last quarter, increasing … Continue reading →

For the 24 hours to 23:00 GMT, GBP rose 0.22% against the USD and closed at 1.5466. In the UK, the Markit/Chartered Institute of Purchasing & Supply, reported that, the construction Purchasing Managers’ Index (PMI) declined to 50.1 in September, … Continue reading →

For the 24 hours to 23:00 GMT, GBP fell 0.96% against the USD and closed at 1.5432, as investors bet on additional Bank of England stimulus, even in the face of a surprise expansion of UK manufacturing. In the UK, … Continue reading →