Author: Josh Ferry Woodard
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Pound Suffers In Thin Holiday Trade Daily Update
December 23 2016Sterling The Pound traded lower versus most of the majors yesterday as thin holiday trade accentuated market jitters regarding the UK’s 2017 … read more
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Pound Mostly Flat As National Debt Hits All-Time High Daily Update
December 22 2016Sterling It was reported yesterday that the British government was forced to borrow £122 billion last month to balance the books The large figure … read more
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Pound Softens On PM May Brexit Remarks Daily Update
December 21 2016Sterling The Pound failed to make any meaningful gains versus the majors yesterday as UK Prime Minister Theresa May refused to commit to giving … read more
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'Cable' Close To 1-Month Low Daily Update
December 20 2016Sterling Demand for the Pound softened somewhat at the start of this week’s session, with investors once again focussing their attentions on … read more
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Hawkish Fed Sends GBP/USD Lower GBP to USD
December 19 2016Sterling weakened by around two cents versus the US Dollar last week following the Federal Reserve’s decision to raise rates and employ a hawkish … read more
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GBP/EUR Flat On Neutral BoE GBP to EUR
The Pound to Euro exchange rate remained capped by psychological resistance at 120 last week as the Bank of England refrained from hawkish … read more
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Pound Strengthens Three Cents Vs. New Zealand Dollar Daily Update
Sterling Risk aversion trends allowed Sterling to appreciate versus the commodity bloc on Friday, however, hawkish Federal Reserve hiking bets meant … read more
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'Cable' Declines On Hawkish Fed Ahead Of BoE Statement Daily Update
December 15 2016Sterling It was reported yesterday that Britain’s unemployment rate remained at an 11-year low of 48% in the three months to October Traders were … read more
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Pound Yo-Yos On 2-Year High Inflation Report Daily Update
December 14 2016Sterling Although the Pound was unable to hold onto its morning gains yesterday, the recent rise in price pressures does bode well for the UK … read more
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Pound Sturdy Ahead Of UK CPI Daily Update
December 13 2016Sterling The main ecostat to keep an eye out for today is November’s UK consumer price index Analysts reckon that inflation accelerated from 09% … read more