Author: Josh Ferry Woodard
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Fed Hike Bets Push GBP/USD To 5-Week Low GBP to USD
March 6 2017‘Cable’ dropped to a five-week low last week as UK data disappointed and Federal Reserve rate hike bets surged Hawkish Fed Officials Take … read more
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GBP/EUR Hits 6-Week Low GBP to EUR
The Pound to Euro exchange rate declined by over two cents last week, sliding from a two-month high to a six-week low as UK data disappointed Second … read more
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Sterling Suffers As UK Service Sector Slows Daily Update
Sterling The Pound suffered losses against some of the majors on Friday as traders reacted to an unexpected slowdown in UK services output The … read more
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GBP/EUR Snaps Four Days Of Losses Daily Update
March 3 2017Sterling British data yesterday showed that construction output accelerated slightly in February thanks to growth in civil engineering The UK storms … read more
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GBP/USD Hits 5-Week Low On Hawkish Fed Bets Daily Update
March 2 2017Sterling The Pound suffered versus most of the majors yesterday following a softer-than-anticipated UK manufacturing PMI print February’s factory … read more
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US Dollar Flat As Trump Shies Away From Policy Details Daily Update
March 1 2017Sterling Demand for the Pound remained constrained by Brexit tail risks yesterday as investors continued digesting rumours that Scotland would be … read more
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Brexit-Related Jitters Send Sterling Reeling Daily Update
February 28 2017Sterling The Pound suffered steep losses at the start of the week due to fears that Brexit-related issues could weaken the UK’s economic … read more
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GBP/USD Sinks Below Support Ahead Of Key Trump Speech GBP to USD
February 27 2017The Pound has spent the last month grappling with psychological resistance at 125 against the US Dollar and last week was no different What can we … read more
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Can GBP/EUR return to a 2-month high? GBP to EUR
The Pound to Euro exchange rate rallied by around two cents last week to strike a two-month high, however, GBP/EUR has since given up all of those … read more
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Profit Taking Takes Pound Lower Daily Update
Sterling UK mortgage approvals struck a 12-month high on Friday but it was not enough to stoke demand for the Pound, which sustained losses as … read more