Live coverage of the performance of the British pound on Thursday the 6th of June. Sterling is looking solid after yesterday's impressive economic data release; we have another busy day ahead of us with the Bank of England and the European Central Bank making their monthly policy announcements.
June 7,2013
Welcome to today's live coverage of the performance of the British pound. 9:30 once again forms the highlight for GBP today with UK services PMI released. A big number was needed to avoid disappointment for the pound - and the good news for sterling is that the reading beat expectations.
June 6,2013
The Australian dollar (Currency:AUD) is under significant selling pressure today as the commodity currencies (GBP, NZD, ZAR) feel the heat once more.
June 4,2013
Today's live coverage of the British pound will focus firstly on a number of data releases which include UK Construction PMI at 9:30 AM, the Halifax House Price Index at 8:00 AM and the BRC Retail Sales release at midnight. After a good start to the week we are forecasting sterling to come under moderate pressure as technical considerations continue to be of importance.
June 5,2013
Welcome to our live coverage of the performance of the British pound sterling (Currency:GBP) on Monday the 3rd of June. We have a busy week in terms of data ahead - this should be an interesting week for those with an eye on the UK currency. Kicking off proceedings is the release of expecation-beating UK Manufacturing PMI data which has got GBP off to a good start.
Highlights on Monday thus far:
@ 15:46: Carney will weaken the pound warn RBS
@ 14:00 - GBP remains solid
@ 9:30 - Manufacturing PMI release beats expectations
June 4,2013
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