Author: Josh Ferry Woodard
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GBP/EUR Slides to 3-Week Low on BoE Stimulus GBP to EUR
August 8 2016The Pound to Euro exchange rate slid to a three-week low last week in reaction to the Bank of England’s surprisingly aggressive new stimulus … read more
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'Cable' Hits Three-Week Low on Strong US NFP Report Daily Update
Sterling The Pound settled on Friday following a day of heavy losses on Thursday in reaction to the Bank of England’s new four-pronged stimulus … read more
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Sterling Plunges On Aggressive BoE Stimulus Package Daily Update
August 5 2016Sterling The Pound suffered its heaviest losses since the ‘Brexit’ vote yesterday as markets reacted fiercely to a four-point stimulus package … read more
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BoE Poised to Cut Rates for First Time Since 2009 Daily Update
August 4 2016Sterling Markit Economics’ latest PMI print confirmed yesterday that private sector output contracted during July at its fastest pace since the … read more
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Can Sterling Hold Onto Weekly Highs? Daily Update
August 3 2016Sterling It’s a strange day when a seven-year low construction PMI result helps boost Sterling higher across the board, but that’s what happened … read more
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GBP/EUR Touches 20-Day Low on Downgraded Manufacturing PMI Daily Update
August 2 2016Sterling The Pound only suffered minor losses yesterday, even though the latest UK manufacturing PMI showed that activity within the sector shrank … read more
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How Low Can BoE & GBP/EUR Go This Week? GBP to EUR
August 1 2016The Pound to Euro exchange rate plummeted by over 150 pips last week and could suffer further losses this week as the Bank of England (BoE) gears up … read more
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'Cable' Could Depreciate on Dovish BoE GBP to USD
The Pound to US Dollar exchange rate rallied by around a cent last week as the Federal Reserve left rates on hold and US GDP printed less than half … read more
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Pound Up Vs. 'Greenback' On Soft US GDP Daily Update
Sterling Sterling ticked lower versus most of the majors – but not the US Dollar – on Friday as downbeat domestic sentiment weighed on the UK … read more
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Sterling Softens on Dovish BoE Bets Daily Update
July 29 2016Sterling Sterling suffered yesterday in response to comments from Bank of England policymaker David Blanchflower hinting that the bank could push … read more