Author: Josh Ferry Woodard
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Downwards Revision to UK Q2 GDP Causes Pound Sterling Slump Daily Update
October 2 2017Pound Falls as Annualised UK GDP Revised Lower for Second Quarter The Pound slumped during Friday’s session after the finalised UK GDP figures for … read more
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Pound Loses Daily Gains during Overnight Trade Daily Update
September 29 2017Pound Sterling Rebounds on Hopes of Progress in Brexit Talks Bank of England (BoE) Governor Mark Carney may have warned yesterday that Brexit was … read more
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GBP Unsettled as Free-Trade Hopes Knocked by US Bombardier Tariff Daily Update
September 28 2017US Tariffs on Planes Manufactured in NI Weigh on GBP A trade dispute between Boeing and Bombardier caused jitters for the Pound The US Department of … read more
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GBP/EUR Hits 10-Week High Daily Update
September 27 2017Pound Sterling Flat as Former BoE Official Describes UK as ‘Sick Man of Europe’ The Pound traded fairly smoothly yesterday, despite claims from … read more
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Pound Euro Exchange Rate Rallies as German Election Creates Political Uncertainty Daily Update
September 26 2017Pound Sterling Unscathed by Moody’s Credit Rating Downgrade Over the weekend Moody’s cut the UK credit rating by one notch from Aa1 to Aa2, … read more
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GBP/USD Slides From 14-Month High as Fed Prepares to Tighten Policy GBP to USD
September 25 2017The Pound to US Dollar exchange rate tumbled from a 14-month high last week following an announcement from the Federal Reserve indicating that … read more
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German Election Results Drag on Euro Exchange Rates GBP to EUR
The Pound to Euro exchange rate remained close to two-month highs during last week’s session but markets were not impressed by UK Prime Minister … read more
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Sterling Exchange Rates Slip on UK PM Theresa May’s Brexit Speech Daily Update
Pound Sterling Slips on UK PM Theresa May’s Brexit Speech Sterling slipped versus the majors on Friday following UK Prime Minister Theresa May’s … read more
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Anticipating Theresa May Offer, Sterling Posts Strong Gains vs Commodity Bloc Daily Update
September 22 2017Pound Sterling Registers Gains on Brexit Update Following sanguine UK government borrowing figures in the morning, Sterling popped during the … read more
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GBP USD Exchange Rate Touches New 14-Month High During Fed Announcement Daily Update
September 21 2017Pound Sterling Gains as UK Retail Sales Impress The Pound raced ahead to early gains yesterday morning following sanguine UK retail sales data The … read more