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The US dollar enjoyed another strong day in the foreign exchange market yesterday after data showed that the US economy grew at an annualised rate of 4% in the second quarter of this year as it bounced back strongly from…
The Pound rose for a second day in a row in the foreign exchange market against the Euro after the Office for National Statistics (ONS) reported another fall in UK unemployment. The ONS data shows that UK unemployment…
The pound fell against the majority of the 16 most actively traded currencies in the foreign exchange market yesterday on the latest round of profit taking on an otherwise quiet news day. The only significant data out…
The Pound enjoyed its strongest day in the currency markets for nearly 2 weeks yesterday after the Office for National Statistics (ONS) reported that the UK inflation rate rose at a faster pace than had been anticipated…
The Pound fell in yesterday’s foreign exchange markets after the Office for National Statistics reported some worse than expected UK construction data in yet another sign that the UK economic recovery has lost speed in…
The Pound fell against both the Euro and the US Dollar for a 4th day in a row in the foreign exchange markets yesterday despite the Bank of England's (BoE) Monetary Policy Committee (MPC) maintaining both its base…
For the third day in a row, the Pound fell against the Euro in the foreign exchange market yesterday after the publication of worse than expected UK economic data. The British Retail Consortium (BRC) reported yesterday…
The pound continues to lose ground against the majority of the 16 most actively traded currencies in the foreign exchange market yesterday. The catalyst was worse than expected UK industrial production figures. According…
The Pound started the latest trading week on the back foot, giving up some of the recent gains that’s aw it reach multi-month or multi-year highs against the majority of the 16 most actively traded currencies sin the…
The value of the Pound soared in the foreign exchange markets yesterday, hitting a new 22 month high against the Euro whilst remaining close to the recently achieved 6 year high against the US Dollar and also hit its…
The pound continued its positive start to a new trading month in the foreign exchange market yesterday and improved on the 19 month high against the Euro and the 6 year high against the US Dollar as well as having a…
The Pound traded close to the 19 month high in the foreign exchange market yesterday which was last reached on 15 June after fresh data showed that the UK manufacturing sector activity is at its second highest level in…
The second quarter of 2014 finished with the Pound its highest level against the US Dollar since October 2008 on another day of mixed economic data. The GfK UK consumer confidence index showed that UK consumers are at…
