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UKForex: Sterling advances to one month high against US Dollar [17/01/2011]
By admin on January 17, 2011Read moreUnited States Dollar: Sterling was able to advance to a one month high against the dollar on Friday, amid continued speculation that the Bank of England could hike its...
00Rational FX: US Trade Balance beat expectations [14/01/2011]
By admin on January 14, 2011Read moreYesterday’s Economic Data For third day in a row the Euro gained against most of its major counterparts, with the Portuguese and Spanish bond auctions taking place and receiving...
UKForex: Australian employment data come in weaker than expected levels [14/01/2011]
By admin on January 14, 2011Read moreUnited States Dollar: Thursday’s theme was “sell dollars first, ask questions after” with figures released from the U.S. Labor Department showing that application for jobless insurance payments rose by...
Moneycorp: Buyers snap up Spanish and Italian debt [14/01/2011]
By admin on January 14, 2011Read more– Yields higher than for previous issues– But who’s counting? Good morning. Q: What’s the difference between an urban cannabis farm and a pair of guinea pigs? A: One...
Smart Currency Exchange: Euro jumps 1% against US Dollar [14/01/2011]
By admin on January 14, 2011Read moreSterling fell against a stronger euro yesterday, but hit a 1 month high against the US dollar helped by speculation that UK interest rates may rise sooner than expected and following weaker...
Rational FX: Positive sentiments in Europe result in losses for Dollar [13/01/2011]
By admin on January 13, 2011Read moreYesterday’s Economic Data We have seen a reversal of Dollar gains on the back of positive sentiments from Europe. If however Portugal change there mind about a bail out...
Moneycorp: Relative success for Portugal bond auction [13/01/2011]
By admin on January 13, 2011Read more– Weak Australian employment number– BoE and ECB policy decisions today Good morning. The Daily Mail’s shock revelation this morning is that somebody with three mobile telephones will be...
Smart Currency Exchange: Sterling near to a 1-month high against US Dollar [13/01/2011]
By admin on January 13, 2011Read moreSterling strengthened to near a 1-month high against the US dollar yesterday following strong buying by Asian sovereign accounts. This helped offset an earlier drop caused by poor UK data. Figures released...
Rational FX: UK’s BRC retail sales monitor indicate retail sales are low [12/01/2011]
By admin on January 12, 2011Read moreYesterday’s Market Movers There was no data in the Euro Zone yesterday. In the UK yesterday we had the BRC retail sales monitor YoY, which came out much worse...
UKForex: Volatile day for Eurozone yesterday [12/01/2011]
By admin on January 12, 2011Read moreUnited States Dollar: GBP/USD traded quietly during the Asian session on Tuesday, moving in a tight range between 1.5547/1.5588. A report from the British Retail Consortium showed that U.K....