For the 24 hours to 23:00 GMT, GBP traded marginally lower against the USD, on Friday, and closed at 1.6146. In the UK, this morning, the Rightmove House Price index declined by 1.6% (M-o-M) in July, following a 0.6% rise … Continue reading →

For the 24 hours to 23:00 GMT, GBP fell 0.07% against the USD and closed at 1.6153. In the US, the retail sales rose by 0.1% (M-o-M) in June to $387.8 billion compared to a 0.1% decline in the previous … Continue reading →

For the 24 hours to 23:00 GMT, GBP rose 1.56% against the USD and closed at 1.6165. In the UK, the number of people claiming jobseeker’s allowance, on a monthly basis, increased 24,500 in June, following a revised increase of … Continue reading →

For the 24 hours to 23:00 GMT, GBP rose 0.10% against the USD and closed at 1.5917. In the UK, the consumer price inflation, on an annual basis, declined to 4.2% in June, following a rate of 4.5% recorded in … Continue reading →

For the 24 hours to 23:00 GMT, GBP fell 0.79% against the USD and closed at 1.5901. The British Chambers of Commerce (BCC) has warned that the UK economic recovery would remain fragile until the government places a greater emphasis … Continue reading →

For the 24 hours to 23:00 GMT, GBP rose 0.41% against the USD, on Friday, and closed at 1.6042. In the UK, the input producer price inflation rose to 17.0% (Y-o-Y) in June compared to a rate of 16.1% in … Continue reading →

For the 24 hours to 23:00 GMT, GBP fell 0.22% against the USD and closed at 1.5977. The Bank of England held its key rate unchanged at 0.5% and maintained bond purchase program at £200 billion. In the UK, the … Continue reading →

For the 24 hours to 23:00 GMT, GBP fell 0.34% against the USD and closed at 1.6012. In the UK, the Halifax house prices rose by 1.2% (M-o-M) in June from 0.4% increase in the previous month. Also during early … Continue reading →

For the 24 hours to 23:00 GMT, GBP fell 0.09% against the USD and closed at 1.6067. Pound came under pressure, yesterday, after Barclays Capital revised down its forecast for the British pound, citing disappointing economic data. In the UK, … Continue reading →

For the 24 hours to 23:00 GMT, GBP rose 0.10% against the USD and closed at 1.6082. In the UK, the Bank of England (BoE) reported that individuals injected £5.83 billion in the first quarter of 2011, compared to a … Continue reading →

For the 24 hours to 23:00 GMT, GBP rose 0.19% against the USD, on Friday, and closed at 1.6068. In the UK, the manufacturing purchasing manager index (PMI) declined to 51.3 points in June, in comparison with 52.0 points in … Continue reading →