Author: Josh Ferry Woodard
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Daily Update: Sterling Hits 2-Week High Vs. US Dollar Ahead of US GDP Data Daily Update
January 29 2016Sterling It was reported yesterday that British growth accelerated from 04% to 05% in the fourth quarter of 2015 Sturdy domestic activity in the … read more
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Daily Update: Fed Leaves Rates On Hold, GBP/USD Falls Daily Update
January 28 2016Sterling The Pound struggled against the majors yesterday as jittery traders consolidated Sterling positions ahead of this morning’s UK GDP report … read more
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Sterling Rallies 100 Pips Versus Euro Daily Update
January 27 2016Sterling Profit-taking stances allowed the Pound to garner some momentum yesterday and recover some ground against the Euro and the US Dollar Bank … read more
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Daily Update: Sterling Rallies Vs. Commodity Bloc Daily Update
January 26 2016Sterling The Pound came under a little pressure against some of the majors yesterday as ‘Brexit’ fears and soft Bank of England rate hike bets … read more
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GBP/USD Recovering From 7-Year Lows GBP to USD
January 25 2016The Pound to US Dollar exchange rate stabilised last week after succumbing to a number of seven-year lows Sterling tanked against the … read more
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GBP/EUR Rebounds From 1-Year Low GBP to EUR
The Pound to Euro exchange rate bounced back from a one-year low last week as a dovish statement from European Central Bank President Mario Draghi … read more
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Daily Update: GBP/EUR Rallies a Cent on Dovish ECB Daily Update
Sterling On Friday a report from the Office for National Statistics (ONS) showed that the retail sector cooled at the end of the year but sentiment … read more
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Daily Update: Euro Weakens on Dovish Draghi ECB Statement Daily Update
January 22 2016Sterling ‘Brexit’ concerns dominated the morning discussions at the World Economic Forum in Davos yesterday, with leading Dutch, German and … read more
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Daily Update: UK Unemployment Close To 9-Year Low Daily Update
January 21 2016Sterling Sterling recovered a little bit yesterday following a day of heavy losses on Tuesday when Bank of England Governor Mark Carney admitted he … read more
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Sterling Tanks On Dovish Carney Statement Daily Update
January 20 2016Sterling The Pound got off to a bright start yesterday morning when the Office for National Statistics reported that UK inflation inched higher from … read more