For the 24 hours to 23:00 GMT, GBP rose 0.20% against the USD and closed at 1.6094, after Ben Bernanke stated that unemployment rate in the US is likely to remain high for some time, despite a decline in the … Continue reading →

For the 24 hours to 23:00 GMT, GBP fell 0.39% against the USD and closed at 1.6062. GBP was pressurized, as investor sentiment towards the UK was affected after the UK Chancellor of the Exchequer, George Osborne, increased tax levy … Continue reading →

For the 24 hours to 23:00 GMT, GBP rose 0.17% against the USD and closed at 1.6125. In economic news, the British Retail Consortium (BRC) reported that UK retail sales rose 2.3% on a like-for-like basis in January, from the … Continue reading →