Author: Josh Ferry Woodard
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Daily Update: UK Private Sector Slows to 3-Year Low Daily Update
May 6 2016Sterling The Pound edged lower yesterday against most of its major trading partners, as traders reacted to another underwhelming private sector PMI … read more
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Daily Update: Sterling Down Ahead of Service Sector Data Daily Update
May 5 2016Sterling Demand for the Pound softened yesterday as downbeat UK construction data poured more cold water on hopes of British growth accelerating in … read more
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Sterling Plummets Vs. Euro & US Dollar on Weak Manufacturing Data Daily Update
May 4 2016Sterling Sterling suffered sizeable losses against most of the majors yesterday as markets pulled out of the Pound in response to much … read more
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GBP/USD Cools After Weak Manufacturing Figures GBP to USD
May 3 2016The Pound to US Dollar exchange rate recently reached its highest level since the first week of 2016 However, GBP/USD has fallen back during … read more
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Sterling Slides From 5-Week High on Poor Manufacturing PMI GBP to EUR
The Pound reached a five-week high against the Euro last week as pollsters predicted that Britain would not vote to leave the European Union at next … read more
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Daily Update: 'Cable' Hits 5-Month High Daily Update
Sterling The Pound performed relatively well over the Bank Holiday weekend versus some of the majors, but slipped against others The ‘Brexit’ … read more
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Daily Update: Sterling Rallies On Slowdown In US GDP Daily Update
April 29 2016Sterling It was a quiet day of economic news in Britain yesterday The only ecostat of note showed that Nationwide’s index of house prices slowed … read more
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Daily Update: US Dollar Up Slightly As Fed Leaves Door Open To June Hike Daily Update
April 28 2016Sterling Sterling traders breathed a sigh of relief yesterday as UK GDP came in bang inline with economists’ expectations The Office for National … read more
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Daily Update: Pound to Euro Exchange Rate Hits 5-Week High Daily Update
April 27 2016Sterling The Pound continued to soar against the majors yesterday as investors mulled over recent reports giving just a 20% chance that Britons will … read more
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Daily Update: Pound Strengthens on Improved Referendum Sentiment Daily Update
April 26 2016Sterling Sterling remained strong against the majority of its most-traded currency peers yesterday as optimism that Britons would not vote to leave … read more