GBPUSD=X - GBP/USD
| Previous close | 1.255 |
| Open | 1.261 |
| Bid | 1.262 |
| Day's range | 1.26 - 1.267 |
| 52-week range | 1.1477 - 1.3510 |
| Ask | 1.262 |
- Yahoo Finance UK
How will the 'Eat Out to Help Out' scheme work?
The Chancellor has announce a groundbreaking plan to give citizens 50% off restaurant meals in August.
- Yahoo Finance UK
Coronavirus: Boots to axe 4,000 staff as sales tumble
The UK pharmacy chain said the 'difficult' decision was needed to survive the crisis.
- Yahoo Finance UK
UK chancellor warns of 'difficult' choices on public finances
The chancellor said strong recovery and saving jobs was key for the public finances, but declined to rule out tax rises in future after his summer statement.
- FX Empire
GBP/USD Extends Higher and is on Pace to Post a Fifth Straight Day of Gains
The British pound is an outperformer this week with GBP/USD rising to highs overnight not seen since the middle of June.
- Yahoo Finance UK
What to watch: Housebuilder slump, Rolls-Royce redundancies, stocks mixed
A daily overview of the top business, market, and economic stories to watch in the UK, Europe, and abroad.
- Yahoo Finance UK
Coronavirus: Top UK recruiters shed 780 jobs as hiring dries up worldwide
PageGroup and Robert Walters both announced they had shed staff with the coronavirus battering labour markets worldwide.
- FX Empire
Forex Technical Analysis & Forecast for July 9, 2020
Daily forecast and trading signals of forex majors, commodities, cryptocurrencies and indices.
- FX Empire
GBP/USD Daily Forecast – Test Of Major Resistance At 1.2650
GBP/USD continues its upside move and tries to settle above the high end of the current trading range.
- Investing.com
Dollar Heads Lower Ahead of Jobless Data; Global Growth Eyed
Elsewhere, the USD/CNY pair slid 0.2% to 6.9878. The yuan was boosted by better-than expected inflation data for June, with producer prices falling 3% year-on-year. The drop in the PPI was smaller compared with the previous month’s drop of 3.7% and the 3.2% drop analysts had generally forecast. However, the pair is being supported most by the rally in Chinese stocks, which continued for an eighth straight day on Thursday.
- FX Empire
Brexit, COVID-19, and U.S Weekly Jobless Claims in the Spotlight
It’s a relatively quiet day on the economic calendar. Expect the weekly jobless claims from the U.S, Brexit, and COVID-19 to draw attention.
- Yahoo Finance UK
What Rishi Sunak's summer statement means for you
From young job seekers to homeowners — here's what the chancellor's COVID-19 stimulus announcement means for you and your finances.
- FX Empire
GBP/USD Price Forecast – British Pound Continues to Dance Between Two Major EMA Levels
British pound has pulled back on Wednesday, only to turn around and rally yet again. It’s been a bit of an enigma because it rallies in the face of danger.
- Yahoo Finance UK
Brits get 50% off restaurants with 'Eat Out to Help Out' scheme
The government will pay up to £10 per head towards people's restaurant bills for the month of August.
- Yahoo Finance UK
Chancellor announces £5,000 'green' giveaway for home owners and landlords
Homeowners can claim grants to fund green renovations such as insulation and eco-friendly boilers.
- Yahoo Finance UK
UK government announces stamp duty holiday to boost property market
The cut, which takes effect immediately, will run until 31 March next year.
- Yahoo Finance UK
UK chancellor unveils £30bn plan to protect millions of jobs
Rishi Sunak promised bonuses for firms keeping and hiring staff, stamp duty and VAT cuts, home improvement vouchers and eating-out discounts in his 'mini Budget.'
- FX Empire
GBP/USD Attempts to Hold on to Gains Following a Break above 1.2500
GBP/USD pushed higher above the 1.2500 handle yesterday, breaking from a three-day consolidation.
- FX Empire
Forex Technical Analysis & Forecast for July 8, 2020
Daily forecast and trading signals of forex majors, commodities, cryptocurrencies and indices.
- Yahoo Finance UK
UK to create 'hundreds of thousands' of jobs for young as part of £2bn work placements scheme
Business and union leaders welcomed the 'Kickstart Scheme,' creating subsidised work placements for young people on universal credit.
- Yahoo Finance UK
Thousands of business in limbo as Tide pauses Bounce Back loans
Tide's funding talks fell through on Tuesday morning, forcing it to take the 'tough' decision to suspend Bounce Back loans.
- FX Empire
GBP/USD Daily Forecast – British Pound Continues Its Upside Move
GBP/USD gained additional upside momentum and settled above the resistance level at 1.2530.
- Yahoo Finance UK
One in eight UK families pushed into funeral poverty
Funeral provider Farewill has raised £20m in its latest funding round to further its goal of making death easier for people to manage.
- Investing.com
Dollar Edges Higher as Virus Cases Grow
The dollar edged higher in early European trade Wednesday, with the safe haven currency in demand as a resurgence of the coronavirus in the United States cast doubt over the strength of the economic rebound. There are almost 11.8 million COVID-19 cases globally as of July 8, according to Johns Hopkins University data, of which the U.S. has the highest known numbers of cases and deaths in the world. A number of Federal Reserve officials expressed concern Tuesday that the surge in infections could adversely impact the economy just as some stimulus programmes are set to expire.
- FX Empire
A Quiet Economic Calendar Leaves COVID-19 to Test the Risk Appetite
A lack of economic data will leave the markets in the hands of COVID-19 updates and any chatter from China or the U.S…
