Search Results for: Sterling
UK manufacturing growth cools as export orders slip
September 1st, 2014
Britain’s main manufacturing trade association trimmed its growth forecast for 2014 on Monday after its members reported the first fall in export orders since early 2013. The EEF association said its quarterly survey of members showed slowing growth in ...
OSB Daily Technical Analysis
August 26th, 2014
OSB Daily Technical Analysis for August 26, 2014 EUR/USD A gap lower for the EUR/USD following the announcement of ECB intentions to stimulate the economy. Support is at the 52 week low close at 1.3105. A close below this ...
Two Bank of England officials voted August rate rise
August 20th, 2014
Bank of England policymakers broke ranks over interest rates for the first time in three years this month, when two unexpectedly voted to tighten policy and revived speculation about a 2014 rate hike. Former academic Martin Weale and business ...
Asia shares up as investors bank on more stimulus
August 14th, 2014
Asian shares pushed higher on Thursday after a flood of soft economic data led investors to wager on a ceaseless fountain of stimulus from major central banks, sending bond yields tumbling across the globe. An economic contraction in Japan, ...
Technical Analysis GBP/USD receives support from 200-day SMA
August 13th, 2014
Technical Analysis GBP/USD for August 13, 2014 Pair’s Outlook After the Cable approached the 200-day SMA, the currency pair received a strong impetus and covered a portion of the losses made last Friday. Right now the Sterling is facing ...
Pound Bulls Face Day of Reckoning as BOE Inflation Report Looms
August 12th, 2014
This week’s economic forecasts from the Bank of England are shaping up to be decisive for the remaining sterling bulls. The pound strengthened against the euro today as investors prepared for clues from projections due in the central bank’s ...
Technical Analysis GBP/USD tests monthly S1
August 11th, 2014
Technical Analysis GBP/USD for August 11, 2014 Pair’s Outlook GBP/USD has just hit the monthly S1, and if the bears keep forcing the pair to go lower, there are also the 200-day SMA and May low that are ready ...
Technical Analysis GBP/USD approaches monthly S1 and 200-day SMA
August 8th, 2014
Technical Analysis GBP/USD for August 08, 2014 Pair’s Outlook As implied by the near-term technical studies, the British Pound continues to cede ground against the Dollar. The closest support that may bring relief is 1.6768/33, which mainly consists of the ...
Pound About 0.2 Percent From Eight-Week Low as BOE Holds Rates
August 8th, 2014
The pound was about 0.2 percent from its weakest level in eight weeks versus the dollar after Bank of England officials maintained their key interest rate at a record-low 0.5 percent following a two-day meeting. U.K. 10-year government bond ...
Pound Slides to Eight Week Low – Data Disappoint
August 7th, 2014
The pound slid to an eight week versus the dollar on concern the U.K.’s economy is falling short of analysts’ expectations. Sterling weakened against all but two of its 16 major counterparts as data showed Britain’s shop prices dropped ...
