LiteForex - Analytics

    LiteForex

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    GBP/USD: general review on 17.02.2015

    The pound fell against the dollar from a monthly high at 1.5440 yesterday.  Investors' demand for the dollar remained decreased due to Friday's economic data: the consumer sentiment index dropped from 98,1 to 93,6 in January. In the meanwhile, the pound has been growing throughout the past week following the statement of the Bank of England's Governor that there is no threat of long-term deflation. The pound has been growing against the euro as well and this will probably continue until the Greek question is solved.

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