Mark Carney, the "George Clooney of Finance", heads his first interest rate decision meeting at the Bank of England today - but the real question marks lie over his intentions (or lack of) for quantative easing.

Highlights

@  13.40: ECB maintain interest rates at 0.5%

     13.00: GBP sees big losses across the board on BoE decision

    12.03: Bank of England makes no changes to interest rates or monetary policy

    10.57: GBPUSD moves lower ahead of news

July 5,2013


 

  

 

 

What lies ahead for GBPUSD in the final day of trading before the US Independence day holidays? Can the GBP fight back ahead of the UK PMI Services data?

Highlights:

@ 10.10: GBPUSD Moves Higher On Highest UK Services PMI Since 2011

    09.40: EURGBP Moves Lower On Negative Services PMI Data

    08.55: GBP Continues Strong Gains On Australian Dollar

July 4,2013


GBPUSD followed a positive day yesterday with heavy overnight losses, dropping below the 1.200 mark once again before early morning trading in the Asia session supported a rally back up above yesterdays close to rest slightly above yesterdays close at 1.5222.
Highlights:

@12:10: Concerns of a GBP-AUD decline

@11:27: Positive construction data fails to boost GBP

July 2,2013

Can the GBP bounce back from another poor week or will it start July the way it finished June? Analysis suggests the latter, but with a string of GBP data it is likely to be an interesting day for new Bank of England governor Mark Carney. 

July 1,2013

The euro once again dominates the key new releases as a week in which the pound has continued to struggle against all major currencies comes to an end. Can the pound sterling end the week on a high?

July 1,2013

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