• GBP / USD The pound updated intraday low $ 1.6011 on data on consumer confidence in the U.S.

Market news

27 November 2012

GBP / USD The pound updated intraday low $ 1.6011 on data on consumer confidence in the U.S.

 

Strong results of the report on consumer confidence in the U.S. in November, and a surprisingly high figure provoked Richmond Fed dollar rally, in which the currency of all losses incurred earlier. GBP / USD slipped from 1.6050 level, reaching a low of 1.6011.

In November, consumer confidence in the U.S. reached 73.7 - the highest since February 2008 - vs. 73.0 and 72.2 the previous month. Richmond Fed index jumped from -7 to 9 against expectations of -2.

House price index fell from +0.7% to +0.2% vs. +0.4%. Housing prices S & P / Case-Shiller rose to 3.0% vs. 2.9% expected and revised from 2.0% to 0.8% of the previous value.


 

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