For the 24 hours to 23:00 GMT, GBP fell 0.53% against the USD and closed at 1.6253, after a report showed the consumer prices in UK fell unexpectedly in March, dampening expectations over the interest rate hike by the Bank … Continue reading →

For the 24 hours to 23:00 GMT, GBP fell 0.17% against the USD and closed at 1.6340. In the UK, retail sales values declined by 3.5% (M-o-M) in March on a like-for-like basis after a decline of 0.4% in the … Continue reading →

For the 24 hours to 23:00 GMT, GBP rose 0.38% against the USD, on Friday and closed at 1.6378. In the UK, on an annual basis, the output price inflation rose to 5.4% in March, the fastest pace since October … Continue reading →

For the 24 hours to 23:00 GMT, GBP fell 0.04% against the USD and closed at 1.6316, after the Bank of England’s (BoE) Monetary Policy Committee left its key lending rate unchanged at a record-low 0.5% and made no changes … Continue reading →

For the 24 hours to 23:00 GMT, GBP rose 0.13% against the USD and closed at 1.6322. In the UK economic news, the industrial production unexpectedly fell 1.2% (M-o-M) in February, while the monthly manufacturing output remained flat in February. … Continue reading →

For the 24 hours to 23:00 GMT, GBP rose 1.04% against the USD and closed at 1.6300, after a report showed service industries in the UK expanded at a faster pace in March. The Markit/Chartered Institute of Purchasing & Supply … Continue reading →

For the 24 hours to 23:00 GMT, GBP rose 0.09% against the USD and closed at 1.6132. In the UK, the seasonally adjusted construction Purchasing Managers’ Index declined to 56.4 in March, following 56.5 in the previous month. According to … Continue reading →

On Friday, for the 24 hours to 23:00 GMT, GBP rose 0.49% against the USD and closed at 1.6112. The purchasing managers’ index for the manufacturing sector in the UK declined to a five month low of 57.1 in March, … Continue reading →

For the 24 hours to 23:00 GMT, GBP fell 0.21% against the USD and closed at 1.6034, after the UK banks reported an unexpected increase in mortgage defaults. According to the Bank of England’s latest Credit Conditions Survey, the default … Continue reading →

For the 24 hours to 23:00 GMT, GBP rose 0.37% against the USD and closed at 1.6068. In the UK, Gfk consumer confidence steadied at -28 in March, unchanged from the score recorded in the previous month The Confederation of … Continue reading →

For the 24 hours to 23:00 GMT, GBP rose 0.14% against the USD and closed at 1.6008. The Bank of England (BoE) policy maker, Martin Weale stated that the UK inflation may rise more that the BoE forecast. In the … Continue reading →