http://www.kbrfx.com/daily-market-update/ Foreign Exchange Market Updates From KBRFX http://www.kbrfx.com/daily-market-update/2012/05/17 Thu, 17 May 2012 09:53:34 +0100 The Pound reversed 3 days of gains against the Euro, by closing out the day lower against the single-currency on Wednesday; and also falling versus the US Dollar in the foreign exchange market. The GBPEUR exchange rate which opened at 1.2555, dropped rapidly mid-morning and failed to recover ending the European market session down at 1.2512. The GBPUSD exchange rate also fell through the morning, coinciding with Bank of England‘s latest inflation report; with the rate at the morning‘s… http://www.kbrfx.com/daily-market-update/2012/05/16 Wed, 16 May 2012 09:40:06 +0100 The Pound closed out the day on Tuesday having made a small advance overall against the Euro, but having lost ground against the US Dollar in the foreign exchange market. The GBPEUR exchange rate which opened at 1.2516 ended up closing the European session higher at 1.2549, with the GBPUSD exchange rate dropping from 1.6098 at the morning‘s open, to trade down at 1.6019 by the day‘s close. The Pound was probably not helped by UK visible trade balance figures, which were far less impressive… http://www.kbrfx.com/daily-market-update/2012/05/15 Tue, 15 May 2012 07:52:07 +0100 The Pound closed out yesterday in the foreign exchange market higher against both the Euro and the US Dollar. The GBPEUR exchange rate picked up from the morning‘s open at 1.2467, to trade up at 1.2545 by the close of the European market session – with the GBPUSD exchange rate also rising throughout the day; from 1.6060 at the market open, to finish the day up at 1.6112. There was no significant economic data released from the UK yesterday, with the currency benefitting from continued… http://www.kbrfx.com/daily-market-update/2012/05/14 Mon, 14 May 2012 09:52:53 +0100 The Pound closed out last week in the foreign exchange market having made a small overall gain against the Euro, but lower versus the US Dollar. The GBPEUR exchange rate which opened at 1.2411 fell to a mid-week low of 1.2376, before returning to trade up at 1.2428 by the market close on Friday. The inter-bank price did briefly touch over 1.2500, but fell away – still leaving the exchange rate at highs not seen since the back end of 2008; welcome news to UK importers who buy Euros. The GBPUSD… http://www.kbrfx.com/daily-market-update/2012/05/11 Fri, 11 May 2012 07:56:49 +0100 The Pound gained against the US Dollar and continued its gain against the Euro yesterday in the foreign exchange market. The GBP/EUR exchange rate picked up from 1.2433 at the morning‘s open to trade to a new high of 1.2497, before trading back around 1.2467 by the close of the UK business day. The GBP/USD exchange rate picked up from 1.6113 to trade down to the low of 1.6090, before trading back around 1.6158 by the European market close. The Pound continued to gain against the Australian… http://www.kbrfx.com/daily-market-update/2012/05/10 Thu, 10 May 2012 07:52:18 +0100 The Pound decined against the US Dollar and continued its gain against the Euro yesterday in the foreign exchange market. The GBP/EUR exchange rate picked up from 1.2428 at the morning‘s open to trade to a new high of 1.2461, before trading back around 1.2450 by the close of the UK business day. The GBP/USD exchange rate picked up from 1.6148 to trade down to the low of 1.6066, before trading back around 1.6127 by the European market close. The Pound continued to gain against the Australian… http://www.kbrfx.com/daily-market-update/2012/05/09 Wed, 09 May 2012 08:28:43 +0100 The Pound gained slightly against the US Dollar and against the Euro yesterday in the foreign exchange market. The GBP/EUR exchange rate picked up from 1.2398 at the morning‘s open to trade to a new high of 1.2430, before trading back around 1.2413 by the close of the UK business day. The GBP/USD exchange rate picked up from 1.6149 to trade in a range between the low of 1.6123 and the high of 1.6164, before trading back around 1.6157 by the European market close. The Pound continued… http://www.kbrfx.com/daily-market-update/2012/05/08 Tue, 08 May 2012 09:11:45 +0100 Last week the Pound declined against US Dollar and but continued to gain against the Euro in the foreign exchange market. The GBP/EUR exchange rate opened up at 1.2300 from Monday to trade up towards 1.2195 during the week before closing back around 1.2333 on Friday. The GBP/USD exchange rate however opened up at 1.6283 on Monday to decline across the course of the week closing on Friday‘s trading session around the 1.56145 level. The Pound also continued its gain against… http://www.kbrfx.com/daily-market-update/2012/05/04 Fri, 04 May 2012 07:52:48 +0100 The Pound gained slightly against the US Dollar and against the Euro yesterday in the foreign exchange market. The GBP/EUR exchange rate picked up from 1.2297 at the morning‘s open to trade in a fairly open range between 1.2276 and 1.2340, before trading back around 1.2308 by the close of the UK business day. The GBP/USD exchange rate picked up from 1.6179 to trade in a range between the low of 1.6158 and the high of 1.6215, before trading back around 1.6183 by the European market close.… http://www.kbrfx.com/daily-market-update/2012/05/03 Thu, 03 May 2012 09:02:24 +0100 The Pound declined against the US Dollar but managed to gain against the Euro yesterday in the foreign exchange market. The GBP/EUR exchange rate picked up from 1.2295 at the morning‘s open to trade towards a new high of 1.2326, before trading back lower around 1.2309 by the close of the UK business day. The GBP/USD exchange rate picked up from 1.6199 to trade in a range between the low of 1.6159 and the high of 1.6228, before trading back around 1.6189 by the European market close.… http://www.kbrfx.com/daily-market-update/2012/05/01 Tue, 01 May 2012 09:07:48 +0100 The Pound declined against the US Dollar and against the Euro yesterday in the foreign exchange market. The GBP/EUR exchange rate picked up from 1.2300 at the morning‘s open to trade towards a new high of 1.2310, before trading back lower around 1.2265 by the close of the UK business day. The GBP/USD exchange rate picked up from 1.6283 to trade in a downtrend after hitting a new high of 1.6300 towards the low of 1.6221, before trading back around 1.6225 by the European market close.… http://www.kbrfx.com/daily-market-update/2012/04/30 Mon, 30 Apr 2012 09:57:33 +0100 The Pound closed out last week having made good ground against the US Dollar, and also showing some upward movement against the Euro in the foreign exchange market. The GBP/USD exchange rate, which opened on Monday at 1.6083 rose steadily across the course of the week, to close out on Friday at the weeks high of 1.6246. The GBP/EUR exchange rate also showed a positive gain by the end of the week; falling from Monday‘s open at 1.2235 – to a mid-week low of 1.2162, before recovering… http://www.kbrfx.com/daily-market-update/2012/04/27 Fri, 27 Apr 2012 08:55:33 +0100 The Pound ended the day almost unchanged against both the Euro and the US Dollar in the foreign exchange market. The GBP/EUR exchange rate which opened at 1.2227, closed out at 1.2231 after a day of fairly narrow trading ranges; with the GBP/USD exchange rate closing at 1.6185, a touch lower than the day‘s open at 1.6196. The only key piece of economic data released from the UK yesterday was March‘s BBA loans for house purchase figures; which showed a small decline from 32,840… http://www.kbrfx.com/daily-market-update/2012/04/25 Wed, 25 Apr 2012 08:01:20 +0100 The Pound declined for the first time against the US Dollar and against the Euro yesterday in the foreign exchange market. The GBP/EUR exchange rate picked up from 1.2254 at the morning‘s open to trade towards a new high of 1.2277, before trading back lower around 1.2215 by the close of the UK business day. The GBP/USD exchange rate picked up from 1.6141 and was fairly range bound between 1.6164 and 1.6125, before trading back around 1.6132 by the European market close. The Pound however… http://www.kbrfx.com/daily-market-update/2012/04/24 Tue, 24 Apr 2012 07:44:18 +0100 The Pound gained against the US Dollar and gained against the Euro yesterday in the foreign exchange market. The GBP/EUR exchange rate picked up from 1.2234 at the morning‘s open to trade in an uptrend towards the day high of 1.2270, before trading back around 1.2262 by the close of the UK business day. The GBP/USD exchange rate picked up from 1.6083 to trade in a Range between 1.6074 and 1.6115, before trading up around 1.6099 by the European market close. The Pound also maintained… http://www.kbrfx.com/daily-market-update/2012/04/23 Mon, 23 Apr 2012 07:55:55 +0100 Last week the Pound made new highs for the year against US Dollar and the Euro in the foreign exchange market. The GBP/EUR exchange rate opened up at 1.2159 from Monday to trade up towards 1.2251 during the week before closing at 1.2201 on Friday. The GBP/USD exchange rate opened up at 1.5826 on Monday to gain across the course of the week and made new highs at 1.6142, before finishing the week around the 1.56121 level. The Pound also gained against the Australian dollar and against… http://www.kbrfx.com/daily-market-update/2012/04/20 Fri, 20 Apr 2012 07:42:10 +0100 The Pound gained by a fraction against the US Dollar and gained against the Euro yesterday in the foreign exchange market. The GBP/EUR exchange rate picked up from 1.2216 at the morning‘s open to trade in a tight range between 1.2251 and 1.2201, before trading back around 1.2225 by the close of the UK business day. The GBP/USD exchange rate picked up from 1.6056 to also trade in an Range between 1.6072 and 1.6007, before trading back towards 1.6057 by the European market close. The… http://www.kbrfx.com/daily-market-update/2012/04/19 Thu, 19 Apr 2012 07:48:39 +0100 The Pound gained and made new highs for the year against both the US Dollar and the Euro yesterday in the foreign exchange market. The GBP/EUR exchange rate picked up from 1.2138 at the morning‘s open to trade in a uptrend towards a new high of 1.2232, before trading back around 1.2208 by the close of the UK business day. The GBP/USD exchange rate picked up from 1.5919 to also trade in an uptrend creating a new high of 1.6043, before trading back towards 1.6019 by the European market… http://www.kbrfx.com/daily-market-update/2012/04/18 Wed, 18 Apr 2012 08:10:49 +0100 The Pound gained slightly against the US Dollar yesterday and gained against the Euro in the foreign exchange market. The GBP/EUR exchange rate picked up from 1.2113 at the morning‘s open to trade in a tight range between the high of the day at 1.2149 and the low of 1.2111, before trading back around 1.2138 by the close of the UK business day. The GBP/USD exchange rate picked up from 1.5920 to trade up to the day‘s high of 1.5970 before trading back towards 1.5928 by the European… http://www.kbrfx.com/daily-market-update/2012/04/17 Tue, 17 Apr 2012 07:40:53 +0100 The Pound gained against the US Dollar yesterday, but declined against the Euro in the foreign exchange market. The GBP/EUR exchange rate picked up from 1.2139 at the morning‘s open to trade to the low of the day of 1.2120, before trading back around 1.2139 by the close of the UK business day. The GBP/USD exchange rate picked up from 1.5826 to trade up to the day‘s high of 1.5871 before trading back towards 1.5863 by the European market close. The Pound also gained against both… http://www.kbrfx.com/daily-market-update/2012/04/16 Mon, 16 Apr 2012 07:49:55 +0100 The Pound closed lower last week against the US Dollar and against the Euro in the foreign exchange market. The GBP/EUR exchange traded in a fairly open range last week, with the pair opening up at 1.2138 and traded in between the week high of 1.2154 and low of 1.2078, before closing the week at 1.2114. The GBP/USD exchange rate gained across the course of the week and erased its gains on Friday, starting from Monday‘s open at 1.5873, we saw the pair trade to a week high of 1.5984… http://www.kbrfx.com/daily-market-update/2012/04/13 Fri, 13 Apr 2012 07:49:51 +0100 The Pound gained against the US Dollar yesterday, but declined against the Euro in the foreign exchange market. The GBP/EUR exchange rate picked up from 1.2145 at the morning‘s open to trade in a fairly open range between the high of the day at 1.2153 and the low of 1.2093, before trading back around 1.2099 by the close of the UK business day. The GBP/USD exchange rate picked up from 1.5924 to trade down to the day‘s high of 1.5970 before trading back towards 1.5938 by the… http://www.kbrfx.com/daily-market-update/2012/04/12 Thu, 12 Apr 2012 07:58:02 +0100 The Pound continued to decline against the US Dollar yesterday and remained flat against the Euro in the foreign exchange market. The GBP/EUR exchange rate picked up from 1.2126 at the morning‘s open to trade in a fairly tight range between the low of the day at 1.20096 and high of 1.2137, before trading back around 1.2126 by the close of the UK business day. The GBP/USD exchange rate picked up from 1.5891 to trade down to the day‘s high of 1.5934 before trading back towards… http://www.kbrfx.com/daily-market-update/2012/04/11 Wed, 11 Apr 2012 07:48:25 +0100   The Pound continued its decline against the US Dollar yesterday and declined against the Euro in the foreign exchange market. The GBP/EUR exchange rate picked up from 1.2125 at the morning‘s open to trade up towards the low of the day at 1.2078, before trading back around 1.2116 by the close of the UK business day. The GBP/USD exchange rate picked up from 1.5867 to trade down to the day‘s low of 1.5807 before trading back towards 1.5834 by the European market close.… http://www.kbrfx.com/daily-market-update/2012/04/10 Tue, 10 Apr 2012 09:45:24 +0100 The Pound declined against the US Dollar and against the Euro in the foreign exchange market yesterday. The GBP/EUR exchange rate picked up from 1.2138 at the morning‘s open to trade up towards the high of the day at 1.2150, before trading back around 1.2132 by the close of the UK business day. The GBP/USD exchange rate picked up from 1.5872 to trade down to the day‘s low of 1.5848 before trading back towards 1.5867 by the European market close. The Pound also… http://www.kbrfx.com/daily-market-update/2012/04/05 Thu, 05 Apr 2012 08:09:12 +0100 The Pound continued its decline  against the US Dollar yesterday, but managed to gain against the Euro in the foreign exchange market. The GBP/EUR exchange rate picked up from 1.2041 at the morning‘s open to trade up towards the high of the day  at 1.2103, before trading back around 1.2093 by the close of the UK business day. The GBP/USD exchange rate picked up from 1.5883 to trade down to the day‘s low of 1.5830 before trading back towards 1.5878 by the European market… http://www.kbrfx.com/daily-market-update/2012/04/04 Wed, 04 Apr 2012 07:53:33 +0100 The Pound declined against the US Dollar and against the Euro in the foreign exchange market. The GBP/EUR exchange rate picked up from 1.2009 at the morning‘s open to trade down towards the low of the day of1.1961, before trading back around 1.1968 by the close of the UK business day. The GBP/USD exchange rate picked up from 1.6019 to trade down to the day‘s low of 1.5955 before trading back towards 1.5964 by the European market close. The Pound also declined against the New Zealand… http://www.kbrfx.com/daily-market-update/2012/04/03 Tue, 03 Apr 2012 07:52:24 +0100 The Pound declined against the US Dollar again yesterday but managed some gains against the Euro in the foreign exchange market. The GBP/EUR exchange rate picked up from 1.1994 at the morning‘s open to trade in an uptrend towards the day high of 1.2055, before trading back around 1.2024 by the close of the UK business day. The GBP/USD exchange rate picked up from 1.6029 to trade down to the day‘s low of 1.5989 before trading back towards 1.6021 by the European market close. The… http://www.kbrfx.com/daily-market-update/2012/04/02 Mon, 02 Apr 2012 08:38:29 +0100 The Pound closed out last week having made gains against the US Dollar and against the Euro in the foreign exchange market. The GBP/EUR exchange rate moved up from Monday‘s open at 1.1965, to close the week at 1.1986. The GBP/USD exchange rate gained across the course of the week, starting from Monday‘s open at 1.5842, trading up to a new week high of 1.6038, before finishing the week around the 1.5985 level. The Pound also gained against the Australian dollar and against the… http://www.kbrfx.com/daily-market-update/2012/03/30 Fri, 30 Mar 2012 07:44:21 +0100 The Pound declined against the US Dollar again yesterday but managed some gains against the Euro in the foreign exchange market. The GBP/EUR exchange rate picked up from 1.1937 at the morning‘s open to trade in a fairly open range from the day low of 1.1928 and the high of 1.1998, before trading up around 1.1993 by the close of the UK business day. The GBP/USD exchange rate picked up from 1.5925 to trade down to the day‘s low of 1.5858 before trading back towards 1.5909 by the… http://www.kbrfx.com/daily-market-update/2012/03/29 Thu, 29 Mar 2012 07:58:42 +0100 The Pound declined against the US Dollar and against the Euro in the foreign exchange market. The GBP/EUR exchange rate picked up from 1.1933 at the morning‘s open to trade in an open range from the day low of 1.1908 and the high of 1.1943, before trading back around 1.1920 by the close of the UK business day. The GBP/USD exchange rate picked up from 1.5942 to trade down to the day‘s low of 1.5840 before trading back towards 1.5853 by the European market close. The Pound also… http://www.kbrfx.com/daily-market-update/2012/03/28 Wed, 28 Mar 2012 07:54:28 +0100 The Pound gained slightly against the US Dollar yesterday, but declined fractionaly against the Euro in the foreign exchange market. The GBP/EUR exchange rate picked up from 1.1977 at the morning‘s open to trade in an open range from the day low of 1.1942 and the high of 1.1996, before trading back to 1.1975 by the close of the UK business day. The GBP/USD exchange rate picked up from 1.5968 to trade down to the day‘s high of 1.56001 before trading back towards 1.5971 by the European… http://www.kbrfx.com/daily-market-update/2012/03/27 Tue, 27 Mar 2012 07:45:53 +0100 The Pound gained against the US Dollar yesterday, but declined slightly against the Euro in the foreign exchange market. The GBP/EUR exchange rate picked up from 1.1965 at the morning‘s open to trade in an open range from the day low of 1.1945 and the high of 1.1995, before trading back to 1.1956 by the close of the UK business day. The GBP/USD exchange rate picked up from 1.5842 the high of the day to trade down to the day‘s low of 1.5799 before trading up towards 1.5938 by the… http://www.kbrfx.com/daily-market-update/2012/03/23 Fri, 23 Mar 2012 08:45:01 +0000 The Pound declined against the US Dollar again yesterday and also against the Euro in the foreign exchange market. The GBP/EUR exchange rate picked up from 1.2039 at the morning‘s open to trade in an downtrend towards the day low of 1.1976, before trading back to 1.1986 by the close of the UK business day. The GBP/USD exchange rate picked up from 1.5851 the high of the day to trade down to the day‘s low of 1.5770 before trading back towards 1.5812 by the European market close.… http://www.kbrfx.com/daily-market-update/2012/03/22 Thu, 22 Mar 2012 08:46:42 +0000 The Pound had its first down day declining against the US Dollar yesterday, but managed to gain against the Euro in the foreign exchange market. The GBP/EUR exchange rate picked up from 1.1983 at the morning‘s open to trade in an open range between the day low of 1.1941, and high of 1.2015 before trading back to 1.2004 by the close of the UK business day. The GBP/USD exchange rate picked up from 1.5913 the high of the day to trade down to the day‘s low of 1.5817 before trading… http://www.kbrfx.com/daily-market-update/2012/03/21 Wed, 21 Mar 2012 09:16:26 +0000 The Pound gained slightly against the US Dollar yesterday and declined fractionally against the Euro in the foreign exchange market. The GBP/EUR exchange rate picked up from 1.1989 at the morning‘s open to trade in an open range between the day low of 1.1966, and high of 1.2025 before trading back to 1.1987 by the close of the UK business day. The GBP/USD exchange rate picked up from 1.5861 to trade up to the day‘s low of 1.5829 before trading back towards 1.5866 by the European… http://www.kbrfx.com/daily-market-update/2012/03/20 Tue, 20 Mar 2012 08:48:34 +0000 The Pound continued to gain against the US Dollar yesterday, but declined against the Euro in the foreign exchange market. The GBP/EUR exchange rate picked up from 1.2044 at the morning‘s open to trade in a open range between the day low of 1.1981, and high of 1.2071 before trading back to 1.2001 by the close of the UK business day. The GBP/USD exchange rate picked up from 1.5833 to trade up to the day‘s high of 1.5904 before trading back towards 1.5897 by the European market… http://www.kbrfx.com/daily-market-update/2012/03/19 Mon, 19 Mar 2012 08:55:52 +0000 The Pound closed out last week having made gains against the US Dollar and against the Euro in the foreign exchange market. The GBP/EUR exchange rate moved up from Monday‘s open at 1.1954, to close the week at 1.2011. The GBP/USD exchange rate gained across the course of the week, starting from Monday‘s open at 1.5677 the pair traded to a week low of 1.5601 before finishing the week around the 1.5830 level. The Pound also gained against the Australian dollar and against the New… http://www.kbrfx.com/daily-market-update/2012/03/16 Fri, 16 Mar 2012 08:52:09 +0000 The Pound gained against the US Dollar and gained fractionally against the Euro in the foreign exchange market. The GBP/EUR exchange rate picked up from 1.2004 at the morning‘s open to trade in a open range between the day low of 1.1971, and high of 1.2013 before trading back to 1.2005 by the close of the UK business day. The GBP/USD exchange rate picked up from 1.5666 to trade down to the day‘s low of 1.5632 before trading higher towards 1.5718 by the European market close. The… http://www.kbrfx.com/daily-market-update/2012/03/15 Thu, 15 Mar 2012 08:56:46 +0000 The Pound closed yesterday‘s session having made a slight loss against the US Dollar and gained fractionally against the Euro in the foreign exchange market. The GBP/EUR exchange rate picked up from 1.2035 at the morning‘s open to trade in a tight range between the day low of 1.2005, and high of 1.2054 before trading back to 1.2040 by the close of the UK business day. The GBP/USD exchange rate picked up from 1.5720 to trade down to the day‘s low of 1.5656 before trading… http://www.kbrfx.com/daily-market-update/2012/03/14 Wed, 14 Mar 2012 08:50:51 +0000 Yesterday the #163 gained against the US Dollar and against the Euro in the foreign exchange market. The GBP/EUR exchange rate picked up from 1.1918 at the morning‘s open to trade in a uptrend towards the high of 1.2010 before trading back to 1.1992 by the close of the UK business day. The GBP/USD exchange rate picked up from 1.5648 to trade up to the day‘s low of 1.5619 before trading higher towards 1.5724 by the European market close. The Pound also gained against the Australian… http://www.kbrfx.com/daily-market-update/2012/03/13 Tue, 13 Mar 2012 08:49:17 +0000 Yesterday the #163 declined against the US Dollar and against the Euro in the foreign exchange market. The GBP/EUR exchange rate picked up from 1.1954 at the morning‘s open to trade in a downtrend towards the low of 1.877 before trading back to 1.1877 by the close of the UK business day. The GBP/USD exchange rate picked up from 1.57677 to trade up to the day‘s high of 1.5696 before trading back to 1.5623 by the European market close. The Pound also declined against the New Zealand… http://www.kbrfx.com/daily-market-update/2012/03/12 Mon, 12 Mar 2012 08:48:21 +0000 The Pound closed out last week having made a loss against the US Dollar and against the Euro in the foreign exchange market. The GBP/EUR exchange rate moved down from Monday‘s open at 1.1980, to close the week at 1.1957. The GBP/USD exchange rate declined slightly across the course of the week, starting from Monday‘s open at 1.5807 the pair traded to a week high of 1.5882 before finishing the week around the 1.5673 level. The Pound also declined against the Australian dollar and… http://www.kbrfx.com/daily-market-update/2012/03/09 Fri, 09 Mar 2012 08:46:02 +0000 The Pound gained against the US Dollar but declined against the Euro in the foreign exchange market yesterday. The GBP/EUR exchange rate picked up from 1.1971 at the morning‘s open to trade in a range of 1.1903 and 1.1984, before trading back to 1.1932 by the close of the UK business day. The GBP/USD exchange rate picked up from 1.5772 to trade up to the day‘s high of 1.5832 before trading back to 1.5819 by the European market close. The Pound gained against the New Zealand Dollar… http://www.kbrfx.com/daily-market-update/2012/03/08 Thu, 08 Mar 2012 09:35:05 +0000 The Pound gained against the US Dollar but declined against the Euro in the foreign exchange market yesterday. The GBP/EUR exchange rate picked up from 1.1981 at the morning‘s open to trade in a range of 1.1955 and 1.1990, before trading back to 1.1973 by the close of the UK business day. The GBP/USD exchange rate picked up from 1.5733 to trade down to the day‘s low of 1.5696 before trading back to 1.5744 by the European market close.   The Pound also finished lower against… http://www.kbrfx.com/daily-market-update/2012/03/07 Wed, 07 Mar 2012 08:42:59 +0000 The Pound declined against the US Dollar and against the Euro in the foreign exchange market yesterday. The GBP/EUR exchange rate picked up from 1.1994 at the morning‘s open to trade in a range of 1.1973 and 1.2019, before trading back to 1.1981 by the close of the UK business day. The GBP/USD exchange rate picked up from 1.5824 to trade down to the day‘s low of 1.5710 before trading back to 1.5720 by the European market close. The Pound also finished lower against the New Zealand… http://www.kbrfx.com/daily-market-update/2012/03/06 Tue, 06 Mar 2012 08:46:12 +0000 The Pound gained against the US Dollar and against the Euro in the foreign exchange market yesterday. The GBP/EUR exchange rate picked up from 1.1980 at the morning‘s open to trade in a range of 1.1974 and 1.2009, before trading back to 1.1995 by the close of the UK business day. The GBP/USD exchange rate picked up from 1.5808 to trade up to the day‘s high of 1.5876 before trading back to 1.5868 by the European market close. The Pound also finished higher against the New Zealand… http://www.kbrfx.com/daily-market-update/2012/03/05 Mon, 05 Mar 2012 08:49:18 +0000 The Pound closed out last week having made a slight loss against the US Dollar and gained against the Euro in the foreign exchange market. The GBP/EUR exchange rate moved up from Monday‘s open at 1.1894, to close the week up at 1.2004. The GBP/USD exchange rate declined slightly across the course of the week, starting from Monday‘s open at 1.5858 the pair traded to a week high of 1.5993 before finishing the week back around the 1.5850 level. The Pound also declined against the… http://www.kbrfx.com/daily-market-update/2012/03/01 Thu, 01 Mar 2012 09:33:07 +0000 The Pound gained against the US Dollar and the Euro in the foreign exchange market yesterday. The GBP/EUR exchange rate picked up from 1.1830 at the morning‘s open to trade up to the high‘s of 1.1937 by the close of the UK business day. The GBP/USD exchange rate picked up from 1.5922 to trade up to a new year high of 1.5992 before trading back to 1.5950 by the European market close. The Pound also finished higher against the New Zealand Dollar and the Australian Dollar in the… http://www.kbrfx.com/daily-market-update/2012/02/29 Wed, 29 Feb 2012 08:46:55 +0000 The Pound gained against the US Dollar and slightly higher against the Euro in the foreign exchange market yesterday. The GBP/EUR exchange rate picked up from 1.1794 at the morning‘s open to trade down to the day‘s low of 1.1775, before trading back to 1.1807 by the close of the UK business day. The GBP/USD exchange rate picked up from 1.5858 to trade up to the day‘s high of 1.5901 before trading back to 1.5885 by the European market close. The Pound also finished higher… http://www.kbrfx.com/daily-market-update/2012/02/28 Tue, 28 Feb 2012 09:44:31 +0000 The Pound gained a touch higher against the Euro and declined against the US Dollar in the foreign exchange market yesterday. The GBP/EUR exchange rate picked up from 1.1811 at the morning‘s open to trade up to the day‘s high of 1.1847, before trading back to 1.1815 by the close of the UK business day. The GBP/USD exchange rate picked up from 1.5858 to trade up to the day‘s high of 1.5875 before trading back to 1.5844 by the European market close.  Today we will look… http://www.kbrfx.com/daily-market-update/2012/02/28 Tue, 28 Feb 2012 08:42:40 +0000 The Pound closed out last week having lost considerable ground against the Euro; but almost unchanged versus the US Dollar in the foreign exchange market despite a week of choppy trading. The GBP/EUR exchange rate which opened on Monday at 1.2010; fell across the course of the week, to trade down at 1.1786 by Friday‘s close – with the GBP/USD exchange rate also taking a sharp drop from 1.5851 at Monday‘s open, dipping down to 1.5648 mid-week before recovering to trade back… http://www.kbrfx.com/daily-market-update/2012/02/27 Mon, 27 Feb 2012 10:58:11 +0000 The Pound closed out last week having lost considerable ground against the Euro; but almost unchanged versus the US Dollar in the foreign exchange market despite a week of choppy trading. The GBP/EUR exchange rate which opened on Monday at 1.2010; fell across the course of the week, to trade down at 1.1786 by Friday‘s close – with the GBP/USD exchange rate also taking a sharp drop from 1.5851 at Monday‘s open, dipping down to 1.5648 mid-week before recovering to trade back… http://www.kbrfx.com/daily-market-update/2012/02/24 Fri, 24 Feb 2012 09:30:36 +0000 The Pound a touch higher against the US Dollar and slightly lower against the Euro in the foreign exchange market yesterday. The GBP/EUR exchange rate picked up from 1.1798 at the morning‘s open to trade up to the day‘s high of 1.1827, before trading back to 1.1794 by the close of the UK business day. The GBP/USD exchange rate picked up from 1.5695 to trade down to the day‘s high of 1.5731 before trading back to 1.5698 by the European market close. The Pound also finished… http://www.kbrfx.com/daily-market-update/2012/02/24 Fri, 24 Feb 2012 08:46:46 +0000 The Pound finished lower against the US Dollar and against the Euro in the foreign exchange market yesterday. The GBP/EUR exchange rate picked up from 1.1921 at the morning‘s open to trade down to the day‘s low of 1.1822, before trading back to 1.1828 by the close of the UK business day. The GBP/USD exchange rate picked up from 1.5774 to trade down to the days low of 1.5647 before trading back to 1.5676 by the European market close. The Pound also finished lower against the New… http://www.kbrfx.com/daily-market-update/2012/02/23 Thu, 23 Feb 2012 08:46:07 +0000 The Pound finished lower against the US Dollar and against the Euro in the foreign exchange market yesterday. The GBP/EUR exchange rate picked up from 1.1921 at the morning‘s open to trade down to the day‘s low of 1.1822, before trading back to 1.1828 by the close of the UK business day. The GBP/USD exchange rate picked up from 1.5774 to trade down to the days low of 1.5647 before trading back to 1.5676 by the European market close. The Pound also finished lower against the New… http://www.kbrfx.com/daily-market-update/2012/02/22 Wed, 22 Feb 2012 10:00:17 +0000 The Pound finished lower against the US Dollar and against the Euro in the foreign exchange market yesterday. The GBP/EUR exchange rate picked up from 1.1937 at the morning‘s open to trade down to the days low of 1.1897, before trading back to 1.1916 by the close of the UK business day. The GBP/USD exchange rate traded lower after opening near the high of the day at 1.5853 to 1.5793 by the European market close. The Pound also finished lower against the New Zealand Dollar and the Australian… http://www.kbrfx.com/daily-market-update/2012/02/21 Tue, 21 Feb 2012 08:45:32 +0000 The Pound finished slightly lower against the US Dollar and declined against the Euro in the foreign exchange market yesterday. The GBP/EUR exchange rate picked up from 1.2009 at the morning‘s open to trade down to the days low of 1.1949, before trading back down to 1.1960 by the close of the UK business day. The GBP/USD exchange rate traded in a tight range yesterday, with the pair opening up from 1.5852 finished the day lower at 1.5849 by the European market close. The Pound also… http://www.kbrfx.com/daily-market-update/2012/02/20 Mon, 20 Feb 2012 09:04:50 +0000 The Pound closed out last week having made a slight loss against the US Dollar and gained against the Euro in the foreign exchange market. The GBP/EUR exchange rate moved up from Monday‘s open at 1.1909, to close the week up at 1.2023. The pair fluctuated in a range of 1.2079 weeks high to 1.1897 being the low across the week. The GBP/USD exchange rate declined slightly across the course of the week, starting from Monday‘s open at 1.5818 the pair traded to a week low of 1.5643… http://www.kbrfx.com/daily-market-update/2012/02/17 Fri, 17 Feb 2012 08:45:16 +0000 The Pound finished higher against the US Dollar and declined against the Euro in the foreign exchange market yesterday. The GBP/EUR exchange rate picked up from 1.2054 at the morning‘s open to trade to the days high of 1.2079, before trading back down to 1.2046 by the close of the UK business day. The GBP/USD exchange rate gained near to the close of the session, with the pair opening up from 1.5673 to  trade higher at 1.5793 by the European market close. The Pound also finished… http://www.kbrfx.com/daily-market-update/2012/02/16 Thu, 16 Feb 2012 08:58:51 +0000 The Pound gained a fair amount against the US Dollar and the Euro in the foreign exchange market yesterday. The GBP/EUR exchange rate picked up from 1.1911 at the morning‘s open to trade up to the days high of 1.2012 before trading back down to 1.2000 by the close of the UK business day. The GBP/USD exchange rate opened up in the morning from 1.5677 before trading in a range of 1.5722 and 1.5668 throughout the session and closed the day with a slight gain up at 1.5706 by the European… http://www.kbrfx.com/daily-market-update/2012/02/15 Wed, 15 Feb 2012 10:00:52 +0000 The Pound held fairly firm against the Euro in the foreign exchange market yesterday, but closed out the day significantly lower versus the US Dollar. The GBP/EUR exchange rate finished the day at 1.1932, after opening at 1.1945; with the GBP/USD exchange rate falling from the morning‘s open at 1.5730 to trade down at 1.5689 by the close of the UK business day. The key economic data released from the UK yesterday was positive, with CPI (inflation) figures for January showing that price-growth… http://www.kbrfx.com/daily-market-update/2012/02/14 Tue, 14 Feb 2012 09:37:05 +0000 The Pound closed out yesterday higher against the Euro, but lower versus the US Dollar in the foreign exchange market. The GBP/EUR exchange rate picked up from 1.1911 at the morning‘s open, to trade up at 1.1942 by the close of the UK business day; with the GBP/USD exchange rate falling from 1.5817 at the morning‘s open to trade down at 1.5779 by the day‘s close. There was no significant economic data released from the UK yesterday, but it seems that the threat of a potential… http://www.kbrfx.com/daily-market-update/2012/02/13 Mon, 13 Feb 2012 08:42:51 +0000 The Pound closed out last week having made some losses against the Euro and declined slightly against the US Dollar in the foreign exchange market. The GBP/EUR exchange rate moved down from Monday‘s open at 1.2060, to close the week out down at 1.1941. The pair fluctuated in a range of 1.2098 weeks high to 1.1892 being the low across the week. The GBP/USD exchange rate declined slightly across the course of the week, starting from Monday‘s open at 1.5757 the pair traded to a week… http://www.kbrfx.com/daily-market-update/2012/02/10 Fri, 10 Feb 2012 09:05:17 +0000 The Pound finished slightly lower against the US Dollar and flat against the Euro in the foreign exchange market yesterday. The GBP/EUR exchange rate picked up from 1.1912 at the morning‘s open to trade up to the days high of 1.1994 before trading back down to 1.1912 by the close of the UK business day. The GBP/USD exchange rate traded within a tight range of 1.5885 and 1.5817 and with the pair marginally lower from 1.5838 at the day‘s open to 1.5836 at the European market close.… http://www.kbrfx.com/daily-market-update/2012/02/09 Thu, 09 Feb 2012 09:03:13 +0000 The Pound finished lower against the US Dollar and the Euro in the foreign exchange market yesterday. The GBP/EUR exchange rate picked up from 1.1989 at the morning‘s open to trade down to 1.1933 by the close of the UK business day, with the GBP/USD exchange rate declining from 1.5917 at the day‘s open to trade down to the low of the day at 1.5795, which has become a strong support area before closing at 1.5818 at the European market close. There was no significant economic data… http://www.kbrfx.com/daily-market-update/2012/02/08 Wed, 08 Feb 2012 08:42:30 +0000 The Pound finished higher against the US Dollar and slightly lower against the Euro in the foreign exchange market yesterday. The GBP/EUR exchange rate picked up from 1.2036 at the morning‘s open to trade down at 1.1994 by the close of the UK business day, with the GBP/USD exchange rate gaining from 1.5811 at the day‘s open to trade up to the high of the day at 1.5903 before closing at 1.5888 at the European market close. There was no significant economic data for the UK yesterday… http://www.kbrfx.com/daily-market-update/2012/02/07 Tue, 07 Feb 2012 08:38:56 +0000 The Pound closed out last week having made some gains against the US Dollar, but declined fractionally against the Euro in the foreign exchange market. The GBP/EUR exchange rate picked up from 1.2060 at the morning‘s open to trade down at 1.2054 by the close of the UK business day, and the GBP/USD exchange rate gaining from 1.5757 at the day‘s open to trade up at 1.5828 at the European market close. There was no significant data from the UK yesterday and are not expecting anything… http://www.kbrfx.com/daily-market-update/2012/02/06 Mon, 06 Feb 2012 09:02:46 +0000 The Pound closed out last week having made some gains against the US Dollar and the Euro in the foreign exchange market. The GBP/EUR exchange rate moved up from Monday‘s open at 1.1916, to close the week out up at 1.2036. The pair traded in a range of 1.2082 weeks high to 1.1929 being the low across the week. The GBP/USD exchange rate gained across the course of the week, from Monday‘s open at 1.5667, to finish the week at 1.5776. The week ahead will see a fair amount of data… http://www.kbrfx.com/daily-market-update/2012/02/03 Fri, 03 Feb 2012 09:29:53 +0000 The Pound finished lower against the Euro and against the US Dollar in the foreign exchange market yesterday. The GBP/EUR exchange rate picked up from 1.2053 at the morning‘s open to trade down at 1.2007 by the close of the UK business day, and the GBP/USD exchange rate gaining from 1.5834 at the day‘s open to trade down at 1.5812 at the European market close. Yesterday we saw the UK PMI Construction figures come in worse than expected at 51.4 vs. 52.5, which was also down from… http://www.kbrfx.com/daily-market-update/2012/02/02 Thu, 02 Feb 2012 08:48:13 +0000 The Pound finished lower against the Euro and higher against the US Dollar in the foreign exchange market yesterday. The GBP/EUR exchange rate picked up from 1.2042 at the morning‘s open to trade down at 1.2004 by the close of the UK business day, and the GBP/USD exchange rate gaining from 1.5752 at the day‘s open to trade up at 1.5851 at the European market close, breaking the 1.5800 barrier. Yesterday we saw the UK PMI Manufacturing for the month of January come in better than… http://www.kbrfx.com/daily-market-update/2012/02/01 Wed, 01 Feb 2012 08:47:18 +0000 The Pound finished higher against the Euro and slightly lower against the US Dollar in the foreign exchange market yesterday. The GBP/EUR exchange rate picked up from 1.1948 at the morning‘s open to trade up at 1.2067 by the close of the UK business day, with the GBP/USD exchange rate decling from 1.5764 at the day‘s open to trade down slightly at 1.5752 at the European market close. Yesterday we saw the UK mortgage approvals fall short against the expectations coming in at 52.9k… http://www.kbrfx.com/daily-market-update/2012/01/31 Tue, 31 Jan 2012 09:04:28 +0000 The Pound finished higher against both the Euro and slightly higher against the US Dollar in the foreign exchange market yesterday. The GBP/EUR exchange rate picked up from 1.1916 at the morning‘s open to trade up at 1.1953 by the close of the UK business day, with the GBP/USD exchange rate also advancing from 1.5667 at the day‘s open to trade up slightly at 1.5688 at the European market close. The was no significant data from the UK yesterday. The Euro lost ground against the… http://www.kbrfx.com/daily-market-update/2012/01/30 Mon, 30 Jan 2012 08:46:01 +0000 The Pound closed out last week having made substantial gains against the US Dollar, but fell versus the Euro in the foreign exchange market. The GBP/EUR exchange rate moved down from Monday‘s open at 1.2013, to close the week out up at 1.1939. The pair traded in a range of 1.2031 weeks high to 1.1904 being the low across the week. The GBP/USD exchange rate however, gained across the course of the week, from Monday‘s open at 1.5527, to finish the week at 1.5715. The week ahead… http://www.kbrfx.com/daily-market-update/2012/01/27 Fri, 27 Jan 2012 09:45:14 +0000 The Pound finished lower against the Euro and gained against the US Dollar in the foreign exchange market yesterday. The GBP/EUR exchange rate picked up from 1.1971 at the morning‘s open to trade down at 1.1939 by the close of the UK business day, with the GBP/USD exchange rate also advancing from 1.5685 at the day‘s open to trade up at 1.5705 at the European market close. Economic data from the UK was very light yesterday, with CBI reported sales came in worse than expected at… http://www.kbrfx.com/daily-market-update/2012/01/26 Thu, 26 Jan 2012 08:35:23 +0000 The Pound finished higher against both the Euro and the US Dollar in the foreign exchange market yesterday. The GBP/EUR exchange rate picked up from 1.1930 at the morning‘s open to trade up at 1.1995 by the close of the UK business day, with the GBP/USD exchange rate also advancing from 1.5556 at the day‘s open to trade up slightly at 1.5569 at the European market close. Economic data released from the UK yesterday was mixed, with figures showing that UK gross domestic product… http://www.kbrfx.com/daily-market-update/2012/01/25 Wed, 25 Jan 2012 08:49:32 +0000 The Pound finished higher against both the Euro and the US Dollar in the foreign exchange market yesterday. The GBP/EUR exchange rate picked up from 1.1957 at the morning‘s open to trade up at 1.1990 by the close of the UK business day, with the GBP/USD exchange rate also advancing from 1.5553 at the day‘s open to trade up at 1.5594 at the European market close. Economic data released from the UK yesterday was mixed, with figures showing that UK public sector net borrowing fell… http://www.kbrfx.com/daily-market-update/2012/01/24 Tue, 24 Jan 2012 09:15:20 +0000 The Pound made a small gain against the US dollar, but fell slightly against the Euro in the foreign exchange market yesterday. The GBP/USD exchange rate which opened at 1.5527, closed out the day slightly higher at 1.5579. The GBP/EUR exchange rate continued to push down at the 1.1933 support level, coming down from 1.2014 at the morning‘s open to trade at 1.1950 by the close of the UK business day. There was no significant market data released from the UK yesterday, which may explain… http://www.kbrfx.com/daily-market-update/2012/01/23 Mon, 23 Jan 2012 10:02:47 +0000 The Pound finished last week a higher against the US dollar, but lower against the Euro in the foreign exchange market. The GBP/USD exchange rate opened the week at 1.5312, and despite disappointing jobs data; ended the week at 1.5539. The GBP/EUR exchange rate though fell steadily throughout the week, from Monday‘s open at 1.2070 and traded down to a week low of 1.1933 which has been a good support area from last week. After making some gains on Friday the currency pair closed the… http://www.kbrfx.com/daily-market-update/2012/01/20 Fri, 20 Jan 2012 08:37:04 +0000 The Pound fell slightly against the Euro again but gained versus the US Dollar in the foreign exchange market yesterday. The GBP/EUR exchange rate came down overall from 1.1983 at the mornings open to trade down at 1.1966 by the close of the UK business day, with the GBP/USD exchange rate picking up from 1.5445 at the market open, to trade up at 1.5481 by the market close. The US initial jobless claims week on week came in at 352k, much lower than the expected 384k and continuing claims also… http://www.kbrfx.com/daily-market-update/2012/01/19 Thu, 19 Jan 2012 10:37:10 +0000 The Pound fell slightly against the Euro but made a small advance versus the US Dollar in the foreign exchange market yesterday. The GBP/EUR exchange rate came down overall from 1.2029 at the mornings open to trade down at 1.2013 by the close of the UK business day, with the GBP/USD exchange rate picking up from 1.5354 at the market open, to trade up at 1.5397 by the market close. There was disappointing jobs data from the UK yesterday, with the ILO unemployment rate rising from 8.3% to 8.4%… http://www.kbrfx.com/daily-market-update/2012/01/18 Wed, 18 Jan 2012 09:23:03 +0000 The Pound finished yesterday marginally higher against the Euro and versus the US Dollar in the foreign exchange market. The GBP/EUR exchange rate closed out the day at 1.2095, up from the morning‘s open at 1.2075, with the GBP/USD exchange rate moving up from the morning‘s open at 1.5312 to 1.5333 by the close of the UK business day. Yesterday was a fairly slow trading day with the Martin Luther King holiday in the US and very light economic data. This Morning first significant… http://www.kbrfx.com/daily-market-update/2012/01/17 Tue, 17 Jan 2012 09:26:23 +0000 The Pound finished yesterday marginally higher against the Euro and versus the US Dollar in the foreign exchange market. The GBP/EUR exchange rate closed out the day at 1.2095, up from the morning‘s open at 1.2075, with the GBP/USD exchange rate moving up from the morning‘s open at 1.5312 to 1.5333 by the close of the UK business day. Yesterday was a fairly slow trading day with the Martin Luther King holiday in the US and very light economic data. This Morning first significant… http://www.kbrfx.com/daily-market-update/2012/01/17 Tue, 17 Jan 2012 08:40:08 +0000 The Pound finished yesterday marginally higher against the Euro and versus the US Dollar in the foreign exchange market. The GBP/EUR exchange rate closed out the day at 1.2095, up from the morning‘s open at 1.2075, with the GBP/USD exchange rate moving up from the morning‘s open at 1.5312 to 1.5333 by the close of the UK business day. Yesterday was a fairly slow trading day with the Martin Luther King holiday in the US and very light economic data. This Morning first significant… http://www.kbrfx.com/daily-market-update/2012/01/16 Mon, 16 Jan 2012 09:59:38 +0000 The Pound closed out last week having made substantial losses against the US Dollar, and also fell slightly versus the Euro in the foreign exchange market. The GBP/USD exchange rate moved down from Monday‘s open at 1.5440 to close the week out down at 1.5296. The GBP/EUR exchange rate also fell across the course of the week, coming down from Monday‘s open at 1.2088 to finish the week at 1.2061. We saw the GBP/EUR pair trade in a fairly open range between the weekly high of… http://www.kbrfx.com/daily-market-update/2012/01/13 Fri, 13 Jan 2012 08:49:44 +0000 The Pound closed out the day slightly higher against the Dollar and declined against the Euro in the foreign exchange market. The GBP/USD exchange rate picked up from the morning‘s open at 1.5303, to finish the day trading up at 1.5324.  The pair traded in a range from the highs of 1.5368 to a low at 1.5287. The GBP/EUR exchange rate declined from 1.2028 at the morning‘s open to trade down at 1.9530 by the close of the UK business day. Yesterday we saw the Euro pick up some… http://www.kbrfx.com/daily-market-update/2012/01/12 Thu, 12 Jan 2012 08:38:15 +0000 The Pound closed out the day lower against the Dollar and against the Euro in the foreign exchange market. The GBP/USD exchange rate picked up from the morning‘s open at 1.5477, to finish the day trading down at 1.5327.  The pair traded from the highs of 1.5487 to a new week low at 1.5308. The GBP/EUR exchange rate declined slightly from 1.2110 at the morning‘s open to trade down at 1.2079 by the close of the UK business day. Overnight we have seen a further decline in the… http://www.kbrfx.com/daily-market-update/2012/01/11 Wed, 11 Jan 2012 09:41:29 +0000 The Pound closed out the day higher against the Dollar, and slightly higher against the Euro in the foreign exchange market. The GBP/USD exchange rate picked up from the morning‘s open at 1.5462, to finish the day trading up at 1.5478. Trading in a tight range between the session low at 1.5450 to the high‘s of 1.5501. The GBP/EUR exchange rate rose slightly from 1.2110 at the morning‘s open to trade up at 1.113 by the close of the UK business day. However the pair traded… http://www.kbrfx.com/daily-market-update/2012/01/10 Tue, 10 Jan 2012 08:46:09 +0000 The Pound made a small gain against the Euro, but fell slightly against the US Dollar in the foreign exchange market yesterday. The GBP/EUR exchange rate which opened at 1.2090, closed out the day a touch higher at 1.2112, with the GBP/USD exchange rate holding a fairly narrow trading range, coming down marginally from 1.5440 at the morning‘s open to trade at 1.5432 by the close of the UK business day. There was no significant market data released from the UK yesterday, which may explain… http://www.kbrfx.com/daily-market-update/2012/01/09 Mon, 09 Jan 2012 15:04:16 +0000 The Pound closed out last week having made substantial gains against the Euro, but fell versus the US Dollar in the foreign exchange market. The GBP/EUR exchange rate moved up from Monday‘s open at 1.1976, to close the week out up at 1.2121. The GBP/USD exchange rate however, fell across the course of the week, from Monday‘s open at 1.5499, to finish the week at 1.5419. The majority of economic data released last week from the UK was positive; PMI manufacturing numbers for December… http://www.kbrfx.com/daily-market-update/2011/12/21 Wed, 21 Dec 2011 10:44:34 +0000 The Pound finished yesterday higher against both the Euro and the US Dollar in the foreign exchange market. The GBP/EUR exchange rate picked up from the morning‘s open at 1.1937, to trade up at 1.1986 by the close of the UK business day, with the GBP/USD exchange rate also rising from 1.5569 at the morning‘s open to trade at 1.5666 by the day‘s close. Figures released from the UK yesterday showed that CBI reported sales took an unexpected rise from -19 to +9 for the month… http://www.kbrfx.com/daily-market-update/2011/12/20 Tue, 20 Dec 2011 09:35:31 +0000 The Pound finished yesterday higher against the Euro and the US Dollar in the foreign exchange market. The GBP/EUR exchange rate moved up slightly across the day, from the morning‘s open at 1.1910, to trade up at 1.1926 by the day‘s close; with the GBP/USD exchange rate also picking up from the morning‘s open at 1.5503, to trade at 1.5526 by the close of the UK business day. Figures released from the UK yesterday showed that Nationwide house prices rose annually from 1.2%… http://www.kbrfx.com/daily-market-update/2011/12/19 Mon, 19 Dec 2011 12:39:58 +0000 The Pound closed out last week markedly higher against the Euro, but lower against the US Dollar in the foreign exchange market. The GBP/EUR exchange rate picked up from 1.1696 at the week‘s open, to finish the week up at 1.1901; with the GBP/USD exchange rate falling from 1.5569 to 1.5479 throughout the week. During the week there was welcome news for consumers, and the Bank of England as the latest CPI figures from the UK showed that inflation fell annually, from 5.0% to 4.8% overall,… http://www.kbrfx.com/daily-market-update/2011/12/16 Fri, 16 Dec 2011 12:07:46 +0000 The Pound closed out the day lower against the Euro and the US Dollar in the foreign exchange market. The GBP/EUR exchange rate slipped slightly from 1.1913 at the morning‘s open, down to 1.1894 at the day‘s close; with the GBP/USD exchange rate only closing the day out marginally lower than the morning‘s open at 1.5489, finishing at 1.5486. There was some positive news released from the UK yesterday, with the combined GfK/Bank of England inflation projection coming… http://www.kbrfx.com/daily-market-update/2011/12/15 Thu, 15 Dec 2011 09:42:45 +0000 The Pound made a further advance against the Euro, but continued the current trend of falling against the US Dollar in the foreign exchange market yesterday. The GBP/EUR exchange rate picked up from the morning‘s open at 1.1894, to trade at 1.1907 by the close of the UK business day, with the GBP/USD exchange rate falling from 1.5511 at the day‘s open, to trade down at 1.5441 at the day‘s close. There was some positive news in regards to the UK‘s labour market released… http://www.kbrfx.com/daily-market-update/2011/12/14 Wed, 14 Dec 2011 10:18:47 +0000 The Pound closed out the day higher still against the Euro, but lower against the US Dollar in the foreign exchange market. The GBP/EUR exchange rate picked up from the morning‘s open at 1.1816, to finish the day trading up at 1.1867; with the GBP/USD exchange rate falling from 1.5584 at the morning‘s open to trade down at 1.5529 by the close of the UK business day. There was welcome news for consumers, and the Bank of England as the latest CPI figures from the UK showed that… http://www.kbrfx.com/daily-market-update/2011/12/13 Tue, 13 Dec 2011 09:26:44 +0000 The Pound soared against the Euro in the foreign exchange market yesterday, but only made a small gain versus the US Dollar. The GBP/EUR exchange rate rocketed from the morning‘s open at 1.1696, to trade up at 1.1825 by the close of the UK business day, with the GBP/USD exchange rate closing out the day at 1.5590, up from the morning‘s open at 1.5569. There was no significant economic data released from the UK yesterday, with the gain against the Euro coming from shifts in risk… http://www.kbrfx.com/daily-market-update/2011/12/12 Mon, 12 Dec 2011 10:22:40 +0000 The Pound closed out last week higher against the Euro, but slightly lower versus the US Dollar in the foreign exchange market. The GBP/EUR exchange rate which opened the week at 1.1636, broke through 1.1750 mid-week; and held just above the 1.1700 level to finish the week at 1.1704, with the GBP/USD exchange rate falling from the week‘s open at 1.5641, to mid 1.5500 levels before rising back to close the week out at 1.5637. The main economic event from the UK last week was the Bank… http://www.kbrfx.com/daily-market-update/2011/12/09 Fri, 09 Dec 2011 11:50:27 +0000 The Pound closed out the day higher against the Euro in the foreign exchange market, albeit only slightly, but fell against the US Dollar.  The GBP/EUR exchange rate moved up from the morning‘s open at 1.1717 to trade at 1.1728 at the day‘s close following some choppy price-action throughout the afternoon, with the GBP/USD exchange rate falling across the day from 1.5712 at the morning‘s open to trade at 1.5632 by the close of the European trading session. The main… http://www.kbrfx.com/daily-market-update/2011/12/08 Thu, 08 Dec 2011 10:25:53 +0000 The Pound closed out yesterday having made a sharp advance against both the Euro and the US Dollar in the foreign exchange market. The GBP/EUR exchange rate picked up from the morning‘s open at 1.1624 to trade up at 1.1719 by the close of the UK trading day, with the GBP/USD exchange rate also advancing from 1.5626 at the market open, to close out the day at 1.5695. The currency was boosted more by shifts in market sentiment as opposed to positive data from the UK, with industrial and…