Author: Josh Ferry Woodard
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GBP/USD Recovers from 2-Month Low Following Fed Chair Janet Yellen Speech GBP to USD
August 29 2017The Pound to US Dollar exchange rate recovered from a two-month low at the end of last week’s session following remarks from Federal Reserve … read more
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Pound Rebounds 130 Pips Vs. US Dollar Daily Update
First July Surplus in 15 Years Not Enough to Lift Pound The Pound remained under siege yesterday despite a couple of upbeat ecostats Data showed … read more
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Investors Eye ECB & Fed Jackson Hole Speeches Daily Update
August 25 2017Pound Sterling Registers Mild Gains Following UK Q2 GDP The Pound rallied initially yesterday morning when data showed that British growth inched up … read more
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Sterling Falls to 8-Year Low Against Euro Daily Update
August 24 2017Pound Sterling Suffers Ahead of Q2 UK GDP Report The Pound received another pummeling on the currency markets yesterday as traders fled Sterling due … read more
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UK Posts Budget Surplus, Sterling Remains Weak Vs. Majors Daily Update
August 23 2017First July Surplus in 15 Years Not Enough to Lift Pound The Pound remained under siege yesterday despite a couple of upbeat ecostats Data showed … read more
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Sterling Hits New 10-Month Low Versus Single Currency Daily Update
August 22 2017Talk of Winding Down QE Fails to Lift Sterling The Pound remained at depressed levels versus most of the majors yesterday as markets continued to … read more
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Pound Weakens Across the Board Daily Update
August 21 2017Pound Sterling Close to 8-Month Trade-Weighted Low The Pound lost ground against the majors on Friday as bearish Bank of England bets continued to … read more
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‘Cable’ at 5-Week Low Ahead of Key Federal Reserve Speech GBP to USD
The Pound to US Dollar exchange rate plummeted through longstanding psychological support last week to strike its lowest level for five weeks UK CPI … read more
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Dovish ECB Helps GBP/EUR Exchange Rate Rally Daily Update
August 18 2017Pound Sterling Steady Following UK Retail Sales Report Data yesterday showed better-than-anticipated (but still fairly subdued) UK retail growth in … read more
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Pound Rallies vs US Dollar as UK Unemployment Hits New 42-Year Low Daily Update
August 17 2017Pound Sterling Rebounds on Strong Labour Report The Pound enjoyed a reprieve against some of the majors yesterday morning, rallying in response to a … read more