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British Pound jumps after strong UK monthly GDP data
The British Pound (GBP) attracts significant bids against its peers, with the GBP/USD pair rising to near 1.3518, as the United Kingdom (UK) Office for National Statistics (ONS) has reported strong monthly Gross Domestic Product (GDP) data for July. Th
United Kingdom Total Trade Balance: £-3.45B (July) vs £-5.537B
United Kingdom Total Trade Balance: £-3.45B (July) vs £-5.537B
United Kingdom GDP grows by 0.4% MoM in July, vs. 0% expected
The UK Gross Domestic Product (GDP) grew by 0.4% MoM in July, following a 0.3% growth reported in June, the latest data published by the Office for National Statistics (ONS) showed on Friday.
United Kingdom Index of Services (3M/3M) came in at 0.6%, above expectations (0.5%) in July
United Kingdom Index of Services (3M/3M) came in at 0.6%, above expectations (0.5%) in July
United Kingdom Trade Balance; non-EU climbed from previous £-10.448B to £-9.663B in July
United Kingdom Trade Balance; non-EU climbed from previous £-10.448B to £-9.663B in July
United Kingdom Goods Trade Balance registered at £-20.965B above expectations (£-22.3B) in July
United Kingdom Goods Trade Balance registered at £-20.965B above expectations (£-22.3B) in July
United Kingdom Manufacturing Production (YoY) above expectations (2%) in July: Actual (2.6%)
United Kingdom Manufacturing Production (YoY) above expectations (2%) in July: Actual (2.6%)
United Kingdom Manufacturing Production (MoM) came in at 0.9%, above forecasts (0.2%) in July
United Kingdom Manufacturing Production (MoM) came in at 0.9%, above forecasts (0.2%) in July
United Kingdom Industrial Production (YoY) above forecasts (0.2%) in July: Actual (0.6%)
United Kingdom Industrial Production (YoY) above forecasts (0.2%) in July: Actual (0.6%)
United Kingdom Gross Domestic Product (MoM) registered at 0.4% above expectations (0%) in July
United Kingdom Gross Domestic Product (MoM) registered at 0.4% above expectations (0%) in July
United Kingdom Industrial Production (MoM) came in at 0.2%, above expectations (-0.2%) in July
United Kingdom Industrial Production (MoM) came in at 0.2%, above expectations (-0.2%) in July
USD/CAD Price Forecast: Trades near 1.3850 after breaking above nine-day EMA
USD/CAD extends its gains for the third consecutive day, trading around 1.3840 during the Asian hours on Friday. The technical analysis of the daily chart indicates the pair is remaining within the descending channel pattern, signalling a persistent bearish bias.
Indian Rupee cracks this week amid higher oil prices, US bond yields
The Indian Rupee (INR) extends its downward spiral against the US Dollar (USD) for the fourth trading day on Friday, with the USD/INR pair rising to near 95.80.