Author: Josh Ferry Woodard
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GBP/USD Softens on Strong US Data GBP to USD
May 16 2016Sterling softened by around half a cent against the US Dollar last week thanks to a trio of encouraging US ecostats UK Data Cools Ahead of … read more
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Sterling Rises Slightly Vs. Euro GBP to EUR
The Pound rose minimally against the Euro last week as Bank of England officials remained unanimously opposed to lowering interest rates UK Deficit … read more
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Daily Update: Pound Slides Vs. US Dollar on Strong US Data Daily Update
Sterling Construction data on Friday showed that British construction output shrunk -11% in the first quarter of the year House building was the … read more
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Daily Update: Sterling Rallies Following Unanimous BoE Vote Daily Update
May 13 2016Sterling Sterling rallied across the board yesterday following the Bank of England’s ‘Super Thursday’ trio of announcements The BoE left … read more
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Daily Update: Sterling Down Ahead of BoE's 'Super Thursday' Daily Update
May 12 2016Sterling Sterling suffered yesterday as markets reacted to data showing that the UK factory sector entered recession in the first quarter of … read more
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Daily Update: Pound Rises Despite Worst Q1 Deficit Since 2008 Daily Update
May 11 2016Sterling Sterling recovered slightly against most of the majors yesterday even though new UK trade data showed that the first quarter British … read more
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Daily Insight: Antipodean Currencies Down On Rate Cut Fears Daily Update
May 10 2016Sterling The Pound lost a little bit of ground versus some of the majors yesterday on a day devoid of any fresh, meaningful economic releases The … read more
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'Cable' Lost 2.5 Cents Last Week GBP to USD
May 9 2016‘Cable’ depreciated by around two-and-a-half cents last week as a trio of dud private sector reports suggested that the UK economy is cooling … read more
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GBP/EUR Tumbles on 3-Year low Private Sector Output GBP to EUR
The Pound tumbled by around a cent against the Euro last week as investors reacted to data showing that UK private sector output cooled to a … read more
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Daily Update: Mixed Bag NFP Sends GBP/USD Lower Daily Update
Sterling On Friday it was announced that new UK car sales rose 2% in April to a monthly total of 189,505 The upbeat report gave Sterling a small … read more