Author: Josh Ferry Woodard
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'Loonie' Hits 2-Month High Vs. Pound Daily Update
January 5 2017Sterling Following on from Tuesday’s strong manufacturing PMI result, Markit Economics reported yesterday that UK construction activity … read more
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UK Manufacturing Hits 2.5-Year High Daily Update
January 4 2017Sterling The Pound was treated to a bumper December manufacturing PMI report yesterday but, despite the outperforming result, Sterling was unable to … read more
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Does GBP/USD Face An Uphill Struggle in 2017? GBP to USD
January 3 2017The interbank Pound to US Dollar exchange rate enters the New Year around the 122 mark ‘Cable’ Slightly Lower than ‘Fair Value’ In 2016 … read more
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GBP/EUR Could Appreciate On Sturdy UK Services PMI GBP to EUR
After a quiet week of holiday trading GBP/EUR appreciated by around a cent this morning in reaction to better-than-anticipated UK manufacturing … read more
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'Cable' Weakens Half A Cent Daily Update
Sterling The first important UK data release of 2017 is due today from Markit Economics; it is expected to show that output in the factory sector … read more
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2016 FX Digest, 2017 Major Currencies Outlook Daily Update
December 30 2016Sterling Seeing as its our last market update of 2016, let’s take a look at what happened this year and what could happen next year in foreign … read more
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Pound Softens Despite FTSE Striking All-time High Daily Update
December 29 2016Sterling The Pound lost ground against most of the majors yesterday as Britain’s uncertain economic future continued to put a dampener on the … read more
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GBP/USD 2017 Outlook GBP to USD
December 28 2016After a year of big moves, the Pound to US Dollar exchange rate is set to end 2016 around 26 cents weaker than it began Although British economic … read more
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GBP/EUR 2017 Outlook GBP to EUR
It’s been a tumultuous year for the Pound Sterling began 2016 at 136 against the Euro and looks set to end it at around 117 Brexit Uncertainty … read more
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'Cable' Near 2-Month Low As US Consumer Confidence Soars Daily Update
Sterling Thin holiday trade caused the Pound to fluctuate against the majors over the past few days but a lack of fresh data, or indeed appetite for … read more