For the 24 hours to 23:00 GMT, GBP fell 0.44% against the USD and closed at 1.6142. In the UK, nation’s consumer confidence rose 1 point from the previous month to reach -28 points in February 2011, from -29 in … Continue reading →

For the 24 hours to 23:00 GMT, GBP rose 0.47% against the USD and closed at 1.6213. Minutes from the BoE’s policy meeting earlier this month indicated greater support among officials for raising interest rates. In the UK, BBA mortgage … Continue reading →

For the 24 hours to 23:00 GMT, GBP fell 0.55% against the USD and closed at 1.6137. In the UK, public sector net borrowing fell to £5.3 billion in January, after rising by £14.5 billion in December. In the US, … Continue reading →

For the 24 hours to 23:00 GMT, GBP fell 0.15% against the USD and closed at 1.6226. The pair opened the Asian session at 1.6226, and is trading at 1.6166 at 4.00GMT. The pair is trading 0.37% lower from the … Continue reading →

For the 24 hours to 23:00 GMT, GBP rose 0.37% against the USD on Friday and closed at 1.6234. BoE Governor, Mervyn King stated that global imbalances threaten the sustainability of the recovery in global demand and failure in addressing … Continue reading →

For the 24 hours to 23:00 GMT, GBP rose 0.52% against the USD and closed at 1.6174. The pair opened the Asian session at 1.6174, and is trading at 1.6175 at 4.00GMT. The pair is trading 0.01% higher from the … Continue reading →

For the 24 hours to 23:00 GMT, GBP fell 0.25% against the USD and closed at 1.6091. Bank of England Governor Mervyn King stated that BoE may keep borrowing costs at a record low to aid a recovery that is … Continue reading →

For the 24 hours to 23:00 GMT, GBP rose 0.56% against the USD and closed at 1.6125. The pair opened the Asian session at 1.6132, and is trading at 1.6158 at 4.00GMT. The pair is trading 0.20% higher from the … Continue reading →

For the 24 hours to 23:00 GMT, GBP rose 0.22% against the USD and closed at 1.6038. The pair opened the Asian session at 1.6036, and is trading at 1.6054 at 4.00GMT. The pair is trading 0.10% higher from the … Continue reading →

For the 24 hours to 23:00 GMT on Friday, GBP fell 0.52% against the USD and closed at 1.6005. In the UK, the output price index surged 4.8% (YoY) in January, while the input price index edged up 13.4% (YoY) … Continue reading →

For the 24 hours to 23:00 GMT, GBP fell 0.03% against the USD and closed at 1.6089. The nine-member Monetary Policy Committee (MPC) led by Bank of England (BoE) Governor, Mervyn King voted to retain the benchmark interest rate at … Continue reading →