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Smart Currency Exchange: Muted recovery for Sterling yesterday [27/01/2011]
By admin on January 27, 2011Read moreSterling staged a muted recovery yesterday following Tuesday’s shock GDP figures, finishing the day up 0.55% against the euro and 0.3% against the US dollar. Sterling saw the recovery after the...
00Rational FX: UK GDP figures came much worse than expected yesterday [26/01/2011]
By admin on January 26, 2011Read moreYesterday’s Market Movers: The main news to hit the market yesterday was the UK GDP figure which came in substantially worse than expected. This saw GBP nose dive early...
Moneycorp: We’re doomed! [26/01/2011]
By admin on January 26, 2011Read more– Wrong sort of snow strands UK economy– Don’t panic! Good morning. For a man who, even on a bad day, makes Leonard Cohen sound like Coco the Clown,...
UKForex: Euro continues strong performance [26/01/2011]
By admin on January 26, 2011Read moreUnited States Dollar: Well, a fairly subdued start to the week for cable was met with a little more volatility yesterday. When I say little, I mean large. The...
Smart Currency Exchange: Sterling dropped 1.3% against the US Dollar [26/01/2011]
By admin on January 26, 2011Read moreSterling plummeted yesterday – dropping by 1.3% against the US dollar and 1.1% against the euro – as 4th Quarter GDP showed that the UK economy contracted by 0.5%...
Moneycorp: Fourth quarter UK GDP this morning [25/01/2011]
By admin on January 25, 2011Read more– The analysts say 0.4% growth– Investors don’t trust them Good morning. Anyone still under the illusion that economics is a science should consider this morning’s media. On the...
Rational FX: Gross Domestic Product YoY figure out today [25/01/2011]
By admin on January 25, 2011Read moreYesterday’s Market Movers There was no data out for the UK and US yesterday The first piece of data in the Euro zone yesterday was Germanys purchasing managers index...
UKForex: Eurozone PMI index data comes in highest since July [25/01/2011]
By admin on January 25, 2011Read moreUnited States Dollar: The start of the week saw fairly subdued price action for the GBP/USD pair, consolidating around the 1.6000 figure for most of the day. Early on,...
Smart Currency Exchange: Euro falls from 2-month high against US Dollar [25/01/2011]
By admin on January 25, 2011Read moreSterling fell against the US dollar and euro yesterday as investors took profits following last week’s highs. Last week was a bumper week for the pound as inflation figures heightened...
Rational FX: EMU to release Purchasing Manager Index figures later today [24/01/2011]
By admin on January 24, 2011Read moreFridays Market Movers On Friday we had UK mortgage approvals come out for November. These figures came out less than the consensus possibly showing that banks are not lending...
