For the 24 hours to 23:00 GMT, GBP fell 0.12% against the USD and closed at 1.5985. The Bank of England’s (BoE) Monetary Policy Committee member, Andrew Sentance indicated that the central bank might need to raise its key interest … Continue reading →

For the 24 hours to 23:00 GMT, GBP fell 0.50% against the USD and closed at 1.6042. In the US economic data, on a sequential basis, the gross domestic product (GDP) grew 3.1% in the fourth quarter of 2010. The … Continue reading →

For the 24 hours to 23:00 GMT, GBP fell 0.74% against the USD and closed at 1.6122. The Bank of England’s (BoE) chief economist, Spencer Dale warned that the inflation could remain high for some time to come and also … Continue reading →

For the 24 hours to 23:00 GMT, GBP fell 0.75% against the USD and closed at 1.6243. In the UK, six out of nine members of Monetary Policy Committee of Bank of England (BoE), including Governor Mervyn King, continued to … Continue reading →

For the 24 hours to 23:00 GMT, GBP rose 0.35% against the USD and closed at 1.6365. The Bank of England’s Monetary Policy Committee member Andrew Sentence, stated that, there is a risk that the committee may be forced into … Continue reading →

For the 24 hours to 23:00 GMT, GBP rose 0.54% against the USD and closed at 1.6308. In the US, National Association of Realtors reported that the existing home sales in the US contracted by 9.6% (M-o-M) in February compared … Continue reading →

For the 24 hours to 23:00 GMT, GBP rose 0.65% against the USD on Friday and closed at 1.6230. In the UK, the Rightmove House Price Index rose by 0.8% (M-o-M) in March from 3.1% increase in February. The pair … Continue reading →

For the 24 hours to 23:00 GMT, GBP rose 0.67% against the USD and closed at 1.6125, as Japan’s escalating nuclear crisis boosted demand for safe haven currencies, weighing heavily on the greenback. In the UK, nationwide consumer confidence index … Continue reading →

For the 24 hours to 23:00 GMT, GBP fell 0.34% against the USD and closed at 1.6018. In the UK, claimant count rate remained unchanged at 4.5% in February. Additionally, the average earnings including bonus grew 2.3% (Y-o-Y) for the … Continue reading →

For the 24 hours to 23:00 GMT, GBP fell 0.59% against the USD and closed at 1.6072. In the UK, leading indicator index rose by 0.4% (M-o-M) to 103 in January from 102.6 in December. Additionally, the Department of Communities … Continue reading →

For the 24 hours to 23:00 GMT, GBP rose 0.57% against the USD and closed at 1.6178. The pair opened the Asian session at 1.6178, and is trading at 1.6099 at 4.00GMT. The pair is trading 0.49% lower from the … Continue reading →