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Moneycorp: Euro interest rates going up in April (Possibly) [04/03/2011]
By admin on March 4, 2011Read moreAs headlines go, this one from today’s Daily Telegraph is up there with the best that Variety’s Abel Green ever conjured up; “Football player who kicked owl to death...
00UKForex: Euro steadily strengthening against USD and GBP [04/03/2011]
By admin on March 4, 2011Read moreUnited States Dollar: Weaker than expected UK Services PMI data released yesterday triggered a pound sell off and GBP/USD fell back below 1.6300 to a low of 1.6250. February’s...
Smart Currency: Sterling falls by nearly 1% against Euro [04/03/2011]
By admin on March 4, 2011Read moreEURO/GBP – 1.1639 US$/GBP – 1.6245 CHF/GBP – 1.5106 CAN$/GBP – 1.5822 AUS$/GBP – 1.6040 ZAR/GBP – 11.1940 JPY/GBP – 133.87 HKD/GBP – 12.657 NZD/GBP – 2.2016 SEK/GBP –...
Rational FX: UK’s M4 Money supply figures come out better than expected [02/03/2011]
By admin on March 2, 2011Read moreYesterday’s market report In Europe we had German PPI figures for manufacturing which came out slightly better. As well as this the Employment data was also positive. The Unemployment...
Moneycorp: Global manufacturing delivers strong figures [02/03/2011]
By admin on March 2, 2011Read moreRight out there in the you-couldn’t-make-it-up category is the potentially ridiculous outcome of one of Gordon Brown’s private finance initiatives. PFIs were created to reduce the appearance of government...
UKForex: Euro suffers as investors turn to USD during tensions in Middle East [02/03/2011]
By admin on March 2, 2011Read moreUnited States Dollar: Cable continued its push higher yesterday and just about managed a break the 1.6300 figure. It eventually traded to a high of 1.6330 after most UK...
Smart Currency: UK data thoroughly beats expectations, Sterling soars [02/03/2011]
By admin on March 2, 2011Read moreEURO/GBP – 1.1783 US$/GBP – 1.6230 CHF/GBP – 1.5070 CAN$/GBP – 1.5834 AUS$/GBP – 1.6062 ZAR/GBP – 11.320 JPY/GBP – 133.24 HKD/GBP – 12.650 NZD/GBP – 2.190 SEK/GBP –...
Rational FX: Europe Consumer Price Index Year on Year data due today [28/02/2011]
By admin on February 28, 2011Read moreFridays Market Movers From UK, we had Gfk Consumer Confidence increase by one point from the previous reading, which supported GBP going back to 1.6150 levels. UK GDP for...
Moneycorp: Fourth quarter GDP worse than expected [28/02/2011]
By admin on February 28, 2011Read moreWhen Libya printed LD2 billion of new money (in Britain) the UK government banned the export of the cash, arguing that it was part of a cynical ploy by...
UKForex: This week, all eyes on ECB Monetary Policy Statement in Europe [28/02/2011]
By admin on February 28, 2011Read moreUnited States Dollar: The pound fell on Friday following a run of poor economic data. UK fourth quarter GDP data was revised lower by -0.1% to -0.6%. At the...