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Sterling Outlook - What's Influencing Forex Movements in the UK?

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GBP/USD ? Pound Jumps on Weak US Durable Reports

GBP/USD ? Pound Jumps on Weak US Durable Reports

From Market Pulse FX, yesterday Similar articles

The pound has posted strong gains on Tuesday. In the North American session, GBP/USD is trading just shy of the 1.52 line. It was a busy day on the releaser front. British GDP posted a gain of 0.5%. In the US, the news was mixed. Durable Goods Orders posted a sharp decline of 3.4%. Elsewhere, New Home Sales rose to 481 thousand, and CB Consumer Confidence jumped to 102.9 points. Preliminary British GDP for Q4 posted a gain of 0.5% in Q4. This was lower than the gain of 0.7% for Final GDP...

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GBP/USD ? Pound Punches Past 1.50

GBP/USD ? Pound Punches Past 1.50

From Market Pulse FX, 2 days ago Similar articles

The pound has posted gains on Monday and is back above the 1.50 level. In the North American session, GBP/USD is trading in the mid-1.50 range. It’s a quiet day on the release front, with no events out of the UK or the US. On Tuesday, we’ll get a look at British Preliminary GDP as well as several key US indicators. Greeks went to the polls on Sunday, and the far-left Syriza party emerged victorious. Syriza ran on a platform of ending the crushing austerity scheme which...

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GBP/USD ? Sliding Pound Dips Below 1.50

GBP/USD ? Sliding Pound Dips Below 1.50

From Market Pulse FX, 5 days ago Similar articles

The pound is trading below the symbolic line of 1.50 on Friday, following sharp losses a day earlier. In Friday’s European session, GBP/USD is trading at 1.4982. On the release front, the pound shrugged off a gain of 0.4% by Retail Sales in December. In the US, today's highlight is US Existing Home Sales. The markets are expecting a jump in the December report, with an estimate of 5.08 million. British Retail Sales, a key indicator, posted a gain of 0.4%, beating the estimate of -0.6%....

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EXCHANGE RATES

1 GBP = 1.221 EUR
1.469 CHF - Swiss Franc
1.542 AUD - Australian Dollar
1.599 USD - U.S. Dollar
12.406 HKD - Hong Kong Dollar
1.581 CAD - Canadian Dollar
12.53 ZAR - South African Rand
2 SGD - Singapore Dollar
1.551 USD - U.S. Dollar
12.048 HKD - Hong Kong Dollar

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