GBP

Inflation Steady Over October The latest data from the Office for National Statistics showed that UK CPI inflation remained unchanged over October. Headline inflation printed 2.4%, missing analyst expectations of a 2.5% print while core… Read More

The U.S. dollar managed to maintain its dominance closing the week with gains. However, performance was rather mixed with the Kiwi dollar posting the strongest gains. The UK's quarterly GDP report showed that the economy advanced 0.6% on… Read More

The UK’s economy was seen expanding in the third quarter, posting the fastest pace of increase in nearly two years. The expansion in the economy was surprising as the UK’s gross domestic product outperformed quite a few countries in the… Read More

The U.S. dollar was seen edging higher on Thursday. On the economic front, data included the German trade balance which rose 17.6 billion. This was smaller than the forecasts of 18.2 billion. The European Commission released its economic… Read More

The U.S. dollar continued to post gains on Tuesday. Economic data on the day showed that the Eurozone's initial estimates of the third quarter GDP grew just 0.2% in the three months ending September 2018. This brought the annual GDP growth… Read More

The Fed received further endorsement for its current tightening path last week as the latest US GDP figures came out stronger than expected. GDP growth for 3Q came in at 3.5% vs the consensus market forecast of 3.4%. The news will be… Read More

At the beginning of the week, there was a lot of talk about a potential resignation from UK Prime Minister Theresa May over broadening discontent with how her government was conducting Brexit negotiations. Later today, she is scheduled to… Read More

GBPUSD or GBP/USD is the notation for the pair of currencies consisting of the Great Britain Pound and United States Dollar. Traders will simply call it trading the "pound," but it's often called "cable" in reference to the first… Read More

USD maintains gains amid a quiet trading day Read More

Daily Forex Market Preview, 22/10/2018 The U.S. Dollar was seen easing back on Friday. Economic data on the day was relatively quiet. Canada's inflation fell more than expected declining 0.4% on the month. This was more than the forecasts… Read More