Could That Have Been The Top On GBP? - June 19, 2014 9:15

Pound dropped sharply yesterday against the Euro and other major peers after the minutes of the Bank of England’s June policy meeting were less hawkish than economists had been hoping. The minutes reduced expectations that the BoE will raise interest rates before the end of the year. GBP has been flirting with five year highs […]

Better Than Expected US Inflation Data Gives Dollar A Boost - June 18, 2014 9:48

The Pound is hovering just off of a five-year high against the US Dollar and is trading at a 20-month high against the Euro ahead of the publication of the minutes from its June 5th policy meeting. Economists are expecting the minutes to give a clearer indication that the Central Bank is getting closer to […]

GBP Rate Pushes The Five Year Highs - June 17, 2014 9:26

The Pound is trading close to yesterday’s five-year high against the US Dollar and is holding its gains against the Euro as the currency continues to be supported by comments made by key figures at the Bank of England which suggest that interest rates in the UK could be hiked sooner than investors expect. Today […]

Dollar Shows Weakness In Light Of Iraq Situation - June 16, 2014 9:41

The Pound advanced above the $1.70 mark for the first time since 2009 early on Monday and strengthened against the majority of its most traded peers after Bank of England Deputy Governor Charlie Bean said that he would welcome a rise in interest rates as it would indicate that the UK economy was returning to […]

Lack Of Data Keeps Forex Markets Static - June 10, 2014 10:18

On Monday European trading was rather stilted due to a lack of influential economic reports. However, an increase in the Lloyds business confidence index and a decline in the Eurozone’s Sentix investor sentiment measure did help the Pound edge higher against the Euro. Sterling volatility could be occasioned in the hours ahead if today’s UK […]

GBP Falls After “No Raise” Statement On Interest Rate - May 15, 2014 9:11

The Pound fell against the majority of its peers yesterday after the Bank of England said that it was in no rush to raise interest rates and failed to revise its growth forecasts for the coming year as economists had expected. Positive unemployment data was overshadowed by disappointing wage growth figures. With a lack of […]

GBP Rate Climbs To Highest Level In Years - May 7, 2014 9:32

The Pound climbed to its strongest-level in years on Tuesday as positive service PMI data combined with a softer-than-forecast US trade report. Sterling looks set to remain supported throughout today’s session as investors look ahead to tomorrow’s Bank of England interest rate and quantitative easing decisions. With the UK economy performing strongly, pressure is building […]

WANdisco Share Price When Big Data is Booming - May 1, 2014 10:50

For those who don’t know, Big Data is big business. Its data so large that traditional database tools find it difficult to process. Utilizing and managing big data properly allows companies to get accurate statistics and results by performing complex analytic tasks. It can be used in many industries, from fraud protection to managing traffic. […]

Glaxosmithkline Share Price Rebound Halts On Slower Sales - May 1, 2014 9:44

The sharp mid-April rebound in Glaxosmithkine share price was halted yesterday when the company announced a fall in profits. GSK the UK drug giant is embroiled in a staff corruption scandal from the allegation that senior staff had used bribery in an effort to boost sales. The company reported that Advair was losing market share […]