Author: Josh Ferry Woodard
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Shift in Rate Expectations Leaves GBP USD Sensitive to Upcoming UK GDP Report GBP to USD
October 23 2017A shift in central bank interest rate expectations drove the Pound lower against the US Dollar (GBP/USD) last week and this trend could continue if … read more
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Slump in UK Retail Sales Drags Pound Sterling Exchange Rates Lower Daily Update
October 20 2017Worse-than-Forecast Drop in UK Retail Sales Weakens Pound The Pound was on miserable form yesterday after the latest UK retail sales figures showed … read more
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Pound Sterling Slides as UK Real Pay Falls for Sixth Consecutive Month Daily Update
October 19 2017Pound Exchange Rates Mixed as Data Shows Continued Real Pay Decline The Pound was on mixed form yesterday; weak risk-appetite helped Sterling to … read more
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Pound Falls as Inflation Surges but BoE Remains Cautious Daily Update
October 18 2017Surging Inflation and BoE Reluctance to Hike Drags GBP Lower There was plenty to keep the Pound on the decline yesterday Data showed that inflation … read more
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Five-Year High UK Inflation Could Boost GBP/EUR Exchange Rate GBP to EUR
October 16 2017The mere hint of progress in Brexit negotiations bolstered the appeal of the Pound last week, and sturdy UK inflation data could lead to further … read more
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GBP/USD Exchange Rate Gains Two Cents Before UK Inflation GBP to USD
The Pound to US Dollar exchange rate rallied by around two cents last week as rumours of a breakthrough in the Brexit negotiations bolstered the … read more
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Speculation over Brexit Compromise sends GBP/EUR Exchange Rate to 10-Day High Daily Update
Brexit Twist Supports Pound Sterling (GBP) Exchange Rates The Pound caught a bid towards the end of last week’s session as traders responded … read more
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Brexit Hope Boosts Pound Sterling Exchange Rates in Late Trade Daily Update
October 13 2017What Drove Pound Sterling (GBP) Rates to Slump then Rebound Yesterday Brexit volatility gripped currency markets yesterday with Sterling initially … read more
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GBP Exchange Rate Surge Forecast if BoE Follows Through on 2018 Rate Hikes Daily Update
October 12 2017GBP Rates could Gain with BoE Rate Hike Expectations Second only to Canada over the next 12 Months The Pound softened a little bit versus some of … read more
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Fed Minutes Report Forecast to Boost US Dollar Exchange Rates Daily Update
October 11 2017Pound Sterling Exchange Rates Gain on Surprisingly Strong UK Industrial Production Data Better-than-anticipated British industrial production data … read more