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Archive for the ‘GBP - Pound Sterling’ Category

EUR Rebound Short-lived

November 16, 2011 12:40 pm by Russell Glaser

An early morning rebound in both the EUR and Italian bonds were short lived while the BoE preps for additional quantitative easing with its latest inflation report.

Look Out for Greek Confidence Vote

November 16, 2011 9:05 am by Russell Glaser

This morning the EUR/USD slipped below the key 1.35 level versus the USD before finding some buying interest at technical levels. Today has a large amount of data releases on the economic calendar but the political issues should not ...

UK PPI Expected to be Flat

November 11, 2011 7:58 am by Russell Glaser

The bears remain in control of the markets and may remain so today as liquidity could be on the light side due to the celebration of Armistice/Veterans Day. Even with the holiday a few important data releases are found on ...

GBP/USD – Bullish Outside Day Up

November 4, 2011 8:34 am by Russell Glaser

Cable had some interesting price action yesterday as the daily candlestick formed an outside day up, a bullish candlestick formation.

UK Mortgage Approvals Sluggish in October

October 25, 2011 3:10 pm by Greg Holden

An early report on housing loans in the UK was released this morning, revealing a mild sluggishness in the number of loans approved for home purchases. The data has been mulling about in mildly bullish territory for the past two ...

Unexpected Jump in British Retail Sales

October 20, 2011 2:43 pm by Greg Holden

A report out of the UK Office of National Statistics this morning revealed a surprise uptick in retail sales across Great Britain this month. Analysts were expecting zero growth in consumer spending on retail goods and services, but the actual ...

Early UK Housing Report Shows HPI Expansion

September 20, 2011 12:43 pm by Greg Holden

An early report on housing inflation in the UK was released by Rightmove this morning, revealing a mild expansion in the asking price of home sales. The data has been mulling about in negative territory for the past two months, ...

British Employment Mildly Optimistic

September 14, 2011 2:32 pm by Greg Holden

Wednesday’s data on employment and earnings in the United Kingdom have helped give some bullish sentiment to the British pound (GBP). The Claimant Count Change report, which measures the change in the number of people filing for unemployment benefits in ...

British Consumer Inflation Holds, Housing Prices Don’t

September 13, 2011 2:18 pm by Greg Holden

The much-anticipated inflationary reports from Great Britain were released this morning, highlighting the positive move being made in consumer and retail inflation levels. Today’s figures came in roughly as expected, with mild optimism on at least one, but the house ...

Will British Inflationary Data Hold as Expected?

September 12, 2011 3:08 pm by Greg Holden

Tuesday’s publications of heavy inflationary figures from Great Britain are by and large forecasting stability. Set to be released tomorrow are the data on CPI, RPI, and DCLG’s HPI. The market is already pricing in a solid uptick in British ...