posted by
fx360
2 hours 42 minutes ago
in EUR, GBP, Daily
A relatively muted session in FX markets overnight with cable underperforming the rest of the high beta FX as weak UK housing data weighs on the unit. UK Nationwide survey showed a much larger than expected decline in prices of -0.9% versus -0.3
posted by
busybee
5 hours ago
in GBP, Fundamental
UK property prices fell by 0.9% during August as the housing market continued to show signs of weakening, figures revealed today.
posted by
sassygirl
9 hours ago
in GBP, Manufacturing
A gauge based on a survey of companies by Markit Economics and the Chartered Institute of Purchasing and Supply fell to 54.3 from a revised 56.9 in July, London-based Markit said today.
posted by
insensitive
21 hours ago
in USD, EUR, GBP
The euro exploded higher overnight gaining almost 240 pips from yesterday’s low. There was nothing really that positive on the economic front in Europe, if anything it was mostly negative with German Retail Sales contracting in July by 0.3%.
posted by
topequitynews
2 days ago
in USD, EUR, GBP
U.S. Dollar Trading (USD) started the day on a weak footing on expectations that an emergency BOJ meeting will support global stock markets further. When the BOJ failed to meet market expectations the sentiment turned sour and the USD gained acro
posted by
insensitive
2 days ago
in USD, GBP
Sterling hit a five-week low against the dollar on Tuesday as the dollar nudged up against most other currencies on safe-haven demand due to ongoing concerns about the global economic recovery.
posted by
mintchocolate
2 days ago
in GBP, Consumer
U.K. consumer confidence unexpectedly rose in August for the first time in six months in a sign that rebounding economic growth is cheering shoppers, a report by GfK NOP Ltd. showed.
posted by
mintchocolate
2 days ago
in GBP, Consumer
The GfK August consumer confidence index reached -18 points in August 2010 following -22 the previous month. This result is better-than expected as forecast was around -24. This is the first time since February that we have seen the overall confi
posted by
minxybrilo
3 days ago
in USD, JPY, GBP
The US Dollar lost its footing against some of the major currencies last week due to an increased negative sentiment in the US economy. The Euro started the week at a low of 1.2588 reaching a high of 1.2779 towards the end of the week, closing at
posted by
alexdok
3 days ago
in GBP, Technical, Weekly
Monthly. I’m more concern with 1.6450 level currently. This is a 0.618 expansion in current AB – CD move (look at purple zigzag line). And this target coincides with Fib. 0.786 resistance level from the last swing down... Weekly trend is bullish.
posted by
Centralian
3 days ago
in GBP, Fundamental, Employment
The UK economy will grow faster than first thought this year, the British Chambers of Commerce predicts today, but the threat of double-dip recession remains as government cuts bite and unemployment rises.
posted by
Burum
3 days ago
in JPY, GBP, Technical
U.K.'s sterling rallied against most of its major rivals in early Asian trading on Monday. The pound rose to a 1-week high of 133.21 against the yen around 8:30 pm ET and the next likely resistance level for the pair is seen at 133.40.