Author: Josh Ferry Woodard
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Sterling Rises On UK Inflation Daily Update
August 17 2016Sterling Sterling snapped a week of steady losses yesterday following a higher-than-forecast inflation report The Office for National Statistics … read more
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Sterling Hits New 3-Year Low Vs. Euro Daily Update
August 16 2016Sterling The toxic combination of uncertain economic prospects, record low yields and aggressive Bank of England stimulus bets continued to weigh on … read more
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'Cable' Skids To Monthly Low, Post-'Brexit' Data On Tap GBP to USD
August 15 2016The Pound to US Dollar exchange rate tumbled two cents to monthly lows last week as dovish BoE bets brought UK government debt yields down to record … read more
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Pound to Euro Exchange Rate Slides to 3-Year Low GBP to EUR
The Pound to Euro exchange rate tumbled nearly three cents last week to strike its lowest level in three years as dovish Bank of England (BoE) easing … read more
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Devalued Sterling Becomes 2016's Worst Performer Daily Update
Sterling The Pound reclaimed its crown as the year’s worst performing major currency on Friday as Bank of England easing measures continued to … read more
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House Price Growth Decelerates to 3-yr Low; Sterling Slides Daily Update
August 12 2016Sterling The Royal Institute of Chartered Surveyors (RICS) joined the chorus of voices arguing that the UK economy is slowing in the aftermath of … read more
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Sterling Weakens As UK Gilt Yields Plummet Daily Update
August 11 2016Sterling Sterling suffered further losses yesterday as private investors raced to purchase UK debt in anticipation of further quantitative easing … read more
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Sterling at Monthly Lows on Dovish BoE Comments Daily Update
August 10 2016Sterling The Pound weakened again yesterday in response to further dovish comments from the Bank of England Policymaker Ian McCafferty, who voted … read more
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Pound Hits 2.5-Year Low Vs. 'Aussie' Dollar Daily Update
August 9 2016Sterling It was a fairly quiet day for the Pound yesterday but the Bank of England’s recently announced stimulus scheme meant that Sterling found … read more
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BoE Stimulus Drags GBP/USD to 3-Week Lows GBP to USD
August 8 2016‘Cable’ depreciated by around three cents at the tail-end of last week’s session as markets responded to an aggressive new package of stimulus … read more