For the 24 hours to 23:00 GMT, GBP rose 0.16% against the USD and closed at 1.5793. In the UK, the retail sales fell 0.2% in August, following a 0.2% rise in the previous month. Additionally, a survey by the … Continue reading →

For the 24 hours to 23:00 GMT, GBP fell 0.11% against the USD and closed at 1.5768. In the UK, the number of people claiming jobseeker’s allowances climbed 20,300 on month in August. Additionally, the claimant count rate rose to … Continue reading →

For the 24 hours to 23:00 GMT, GBP fell 0.45% against the USD and closed at 1.5785. Bank of England policy maker Adam Posen stated that he may need to double his call for bond purchases which would further intensify … Continue reading →

For the 24 hours to 23:00 GMT, GBP traded marginally higher against the USD and closed at 1.5857. In the UK, the Royal Institution of Chartered Surveyors’ (RICS) reported that, on a seasonally adjusted basis, the house price balance dropped … Continue reading →

For the 24 hours to 23:00 GMT, GBP fell 0.60% against the USD, on Friday, and closed at 1.5884. In the UK, the output price inflation, on annual basis remained unchanged at 6.1% in August. Additionally, the input price index … Continue reading →

For the 24 hours to 23:00 GMT, GBP rose marginally against the USD and closed at 1.5980, after the Bank of England (BoE) kept its benchmark rate on hold at 0.5% and fended off calls to increase its asset-purchase program … Continue reading →

For the 24 hours to 23:00 GMT, GBP rose 0.13% against the USD and closed at 1.5972. In the UK, Halifax indicated that, the House Price Index edged down 1.2% (M-o-M) in August, compared to a 0.2% rise in July. … Continue reading →

For the 24 hours to 23:00 GMT, GBP fell 0.93% against the USD and closed at 1.5952. In the UK, the British Retail Consortium (BRC) indicated that the average shop prices in rose 2.7% (Y-o-Y) in August, compared to a … Continue reading →

For the 24 hours to 23:00 GMT, GBP fell 0.42% against the USD and closed at 1.6101, after economic data showed a sharp slowdown in the UK services sector, fuelling speculation the Bank of England (BOE) may resort to another … Continue reading →

For the 24 hours to 23:00 GMT, GBP rose 0.22% against the USD, on Friday, and closed at 1.6218. In the UK, the construction Purchasing Managers’ Index (PMI) retreated to 52.6 in August, compared to 53.5 in July. The pair … Continue reading →

For the 24 hours to 23:00 GMT, GBP fell 0.38% against the USD and closed at 1.6183, amid poor UK manufacturing activity in August. In the UK, the Markit/Chartered Institute of Purchasing & Supply (CIPS) manufacturing Purchasing Managers’ Index (PMI) … Continue reading →