Author: Josh Ferry Woodard
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GBP USD Soars to 10-Month High as Fed Rate Hike Bets Soften GBP to USD
July 17 2017The Pound to US Dollar exchange rate surged through longstanding psychological resistance to strike a 10-month high last week Sterling Stumbles as … read more
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Hawkish BoE Official Boosts Pound Daily Update
July 14 2017Pound to Euro Exchange Rate Rallies 60 Pips The Pound to Euro exchange rate continued to rebound from the eight-month lows struck earlier in the … read more
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GBP EUR Exchange Rate Rebounds From 8-Month Low Daily Update
July 13 201742-Year Low Unemployment and Falling Real Wages Leave Pound Flat A mixed bag of UK labour market data led to mixed results for Sterling exchange … read more
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Sterling Suffers as Bank of England Rate Hike Bets Soften Daily Update
July 12 2017Pound Sterling Slides as BoE’s Ben Broadbent Dodges Rate Debate The Pound sustained losses versus most of the majors yesterday following a speech … read more
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GBP/EUR Sheds 100 Pips as UK Data Disappoints GBP to EUR
July 11 2017A triple-whammy of underwhelming UK private sector data sent the Pound tumbling by around a cent versus the Euro last week Pessimistic PMIs Send … read more
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GBP USD Slides on Soft UK Data and Upbeat US NFP Report GBP to USD
The Pound to US Dollar exchange rate has fallen by around 150 pips over the last week, striking a fortnightly low due to soft UK private sector data, … read more
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GBP/EUR Strikes 1-Week Low on ECB Tightening Speculation Daily Update
July 7 2017Pound Sterling Sturdy as Traders Weigh BoE Rate Hike Probability Demand for the Pound improved yesterday following a week of soft private sector PMI … read more
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Sterling Survives 4-Month Low Service Sector Print Daily Update
July 6 2017Pound Sterling Demand Remains Soft as UK Services PMI Hits 4-Month Low Demand for the Pound remained soft yesterday as a minor downtick in the UK … read more
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GBP CAD Exchange Rate Plunges to 2.5-Month Low on Hawkish BoC Rhetoric Daily Update
July 5 2017Sterling Drifts Lower Ahead of UK Services PMI The Pound traded broadly lower across the board yesterday as UK construction activity softened The … read more
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Sterling Suffers as UK Manufacturing PMI Stutters Daily Update
July 4 2017The Pound suffered losses versus most of the majors yesterday in reaction to a two-point drop in the UK’s manufacturing PMI Markit’s latest … read more