Author: Josh Ferry Woodard
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GBP/EUR Suffers As UK Election Jitters Set In GBP to EUR
May 30 2017The Pound weakened by around a cent against the Euro last week as traders hedged against political uncertainty in Britain Merkel Criticises ECB … read more
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Political Uncertainty Causes Dip In Demand For Sterling Daily Update
Sterling Sterling declined sharply last Friday as traders reacted to new polls that put Labour’s Jeremy Corbyn just five points behind Tory Prime … read more
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Sterling Slides As UK GDP Disappoints Daily Update
May 26 2017Sterling An unexpected downgrade to first quarter growth weighed on Sterling yesterday, prompting mild losses against most of the majors The Office … read more
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GBP/USD Rallies Following Cautious Fed Minutes Report Daily Update
May 25 2017Sterling With no significant new domestic data releases to contend with, Sterling traders mulled over news that Britons’ expectations for … read more
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GBP Fluctuates As Deficit Widens Daily Update
May 24 2017Sterling Sterling stuttered yesterday morning as the UK budget deficit for April came in wider-than-expected The Office for National Statistics … read more
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GBP/EUR Succumbs To 50-Day Low As Merkel Sparks Euro Buying Daily Update
May 23 2017Sterling The Pound got off to a rocky start this week as traders sold out of Sterling on fears that a closer-than-anticipated election could impact … read more
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GBP USD Close To 8-Month High On Trump Scandals GBP to USD
May 22 2017With US President Donald Trump embroiled in a number of Russia and FBI related scandals, the US Dollar tumbled to its lowest level since last … read more
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GBP/EUR Slides As UK General Election Heats Up GBP to EUR
The Pound to Euro exchange rate has fallen by around two cents over the last week due to concerns that the Bank of England may not raise interest … read more
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Pound Back Above Resistance Vs. US Dollar Daily Update
Sterling The Pound was treated to more positive data on Friday with UK factory orders printing at the highest level for over two years The … read more
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'Flash Crash' Takes Shine Off Sturdy UK Retail Report Daily Update
May 19 2017Sterling Sterling enjoyed a day of gains across the board yesterday as markets reacted positively to a sanguine UK retail sales report With British … read more