Author: Josh Ferry Woodard
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'Cable' Strikes Fortnightly High Daily Update
February 24 2017Sterling Data released yesterday morning showed that UK retail sales rebounded in February following a worrying contraction at the beginning of the … read more
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Pound Stutters As Business Investment Drops Daily Update
February 23 2017Sterling Having bought the Pound on Tuesday afternoon ahead of yesterday’s UK GDP report, traders cashed in on Sterling’s appreciation by … read more
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Sterling Rallies Against Majors Ahead Of UK GDP Daily Update
February 22 2017Sterling Despite a neutral message from Bank of England Governor Mark Carney the Pound managed to rally versus most of the majors yesterday ahead of … read more
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Sterling Rallies On 2-Year High Manufacturing Print Daily Update
February 21 2017Sterling After a testing end to last week’s session, demand for the Pound picked up yesterday as traders reacted favourably to the latest … read more
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'Cable' Slips Below Psychological Support GBP to USD
February 20 2017The Pound to US Dollar exchange rate slipped below psychological support last week in reaction to a stream of soft UK ecostats Sterling Love Affair … read more
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Soft Data Drives GBP/EUR Lower GBP to EUR
The Pound lost ground against the Euro last week as UK inflation rose less-than-anticipated, real wage growth struck a two-year low and the … read more
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Worst Retail Sales Trend Since 2000 Drags On Sterling Daily Update
Sterling The Pound plummeted versus the majors again on Friday in reaction to news that British consumers reined in their spending at the start of … read more
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Can the Pound end the week stronger? Daily Update
February 17 2017Sterling The Pound struggled against most of the majors yesterday as investors continued digesting data released earlier in the week showing that … read more
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Pound Falls As Real Wage Growth Hits 2-Year Low Daily Update
February 16 2017Sterling The Pound weakened versus most of the majors yesterday following news that UK real pay growth succumbed to a two-year low in the fourth … read more
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Sterling Love Affair Ends Daily Update
February 15 2017Sterling Investors’ recent love affair with the Pound ended yesterday following January’s CPI numbers Although the UK headline rate of inflation … read more