Author: Josh Ferry Woodard
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Daily Update: BoE Chief Carney Says 'Brexit' Biggest Risk to Economy Daily Update
March 9 2016Sterling The Pound lost ground yesterday as a number of concerned voices emerged in relation to the upcoming EU referendum IMF Chief Christine … read more
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Daily Update: GBP/USD Hits 2-Week High On Improved Risk Sentiment Daily Update
March 8 2016Sterling The Pound took a backseat yesterday and fluctuated in time to economic beats from foreign soils With little domestic data on the docket … read more
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Sterling Recovers From 7-Year Lows Vs. US Dollar GBP to USD
March 7 2016The Pound to US Dollar exchange rate rebounded from a seven-year low last week to rally by over 250 pips ‘Cable’ started last week’s session … read more
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Pound Rallies Vs. Euro on ECB Stimulus Bets GBP to EUR
The Pound to Euro exchange rate rallied by around 25 cents last week as a disinflationary Eurozone inflation print boosted bets that the European … read more
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Daily Update: GBP/USD Hits 2-Month High as NFP Wages Disappoint Daily Update
Sterling On Friday it was reported that Britons are more concerned about the European Union than at any point in the past 13 years, which is not … read more
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Daily Update: UK Service Sector Hits 3-Year Low Daily Update
March 4 2016Sterling Data yesterday showed that Britain’s dominant service sector grew at its slowest pace for three years in February The shock PMI result … read more
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Daily Update: Pound Up On Profit-Taking Daily Update
March 3 2016Sterling Profit-taking following a profound depreciation in the Pound last week helped drive Sterling crosses higher yesterday Domestic data came … read more
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Daily Insight: British Manufacturing Hits 34-Month low Daily Update
March 2 2016Sterling Weaknesses in the global economy seeped through to the British manufacturing sector last month, driving the February factory output PMI … read more
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Daily Update: Pound Rallies a Cent Vs. Euro Daily Update
March 1 2016Sterling The Pound performed a little bit better yesterday than in recent trading sessions Markets were pleased by a two-year high mortgage … read more
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GBP/USD Seen Sliding Towards 30-Year Low GBP to USD
February 29 2016The Pound collapsed against the US Dollar last week, depreciating almost six cents to a new seven-year low as investors scrambled to protect … read more