For the 24 hours to 23:00 GMT, GBP fell 0.37% against the USD and closed at 1.6244, as demand for the greenback was bolstered by robust US factory orders and better than expected Chicago-area business sentiment data. In the US, … Continue reading →

For the 24 hours to 23:00 GMT, GBP fell 0.64% against the USD and closed at 1.6304. In the UK, on a monthly basis, the money supply fell 0.1% in July, following a 0.4% drop recorded in the previous month. … Continue reading →

For the 24 hours to 23:00 GMT, GBP rose 0.37% against the USD and closed at 1.6409. The pair opened the Asian session at 1.6409, and is trading at 1.6408 at 3.00GMT. GBP is trading flat versus USD from yesterday’s … Continue reading →

For the 24 hours to 23:00 GMT, GBP rose 0.52% against the USD and closed at 1.6366 on Friday. In the UK, the Gross Domestic Product (GDP), on quarterly basis, rose 0.2% in the second quarter of 2011, compared to … Continue reading →

For the 24 hours to 23:00 GMT, GBP fell 0.53% against the USD and closed at 1.6281. The Bank of England Policy maker, Martin Weale stated that he abandoned his call for an interest-rate increase this month due to the … Continue reading →

For the 24 hours to 23:00 GMT, GBP fell 0.76% against the USD and closed at 1.6367. In the UK, the Nationwide’s consumer confidence index retreated to 49.0 in July, compared to 51.0 in June. The pair opened the Asian … Continue reading →

For the 24 hours to 23:00 GMT, GBP rose 0.18% against the USD and closed at 1.6493. In the UK, the British Bankers’ Association (BBA) reported that the number of mortgage approvals for house purchases rose to 33,417 in July, … Continue reading →

For the 24 hours to 23:00 GMT, GBP fell 0.07% against the USD and closed at 1.6463. Bank of England Policy Maker, Ben Broadbent stated that the outlook for the UK and global economies has deteriorated in recent months but … Continue reading →

For the 24 hours to 23:00 GMT, GBP fell 0.24% against the USD, on Friday, and closed at 1.6452. In the UK, the public sector net borrowing, excluding financial interventions, declined to £20.0 million in July, compared to £3.5 billion … Continue reading →

For the 24 hours to 23:00 GMT, GBP fell 0.31% against the USD and closed at 1.6492. In the UK, the retail sales increased 0.2% (M-o-M) in July, against the market expectation of 0.3% rise in July. Additionally, on a … Continue reading →

For the 24 hours to 23:00 GMT, GBP rose 0.61% against the USD and closed at 1.6543, after the Bank of England (BoE) minutes from a policy meeting showed unanimous support for keeping interest rate at a record low. The … Continue reading →