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Smart Currency Exchange: Portugal set to raise €1.25bn in auction [12/01/2011]
By admin on January 12, 2011Read moreSterling held firm above the 1.20/£1 level after jumping to a four month high in the last few days as sovereign debt concerns continued to punish the euro and...
00Moneycorp: Portuguese debt auction today [12/01/2011]
By admin on January 12, 2011Read more– Roll up, roll up– Please… Good morning. Its original coinage is variously attributed to King Charles I, Benjamin Jowett and John Arbuthnot Fisher. Therapy used the phrase as...
UKForex: UK Halifax House Price Index came in weaker than anticipated [11/01/2011]
By admin on January 11, 2011Read moreUnited States Dollar: GBP/USD started the week moving along a fairly tight range between 1.5522/67 and found some support early on yesterday in the latest report from the Confederation of...
Rational FX: Halifax house price data way below expectations in 2010 [11/01/2011]
By admin on January 11, 2011Read moreYesterday’s Economic Data House price data from Halifax fell much more than expected and throughout 2010 it fell more than it rose. Even though interest rates are low, credit...
Moneycorp: EU says no need for Portugal bailout [11/01/2011]
By admin on January 11, 2011Read more– Nudge nudge, wink wink– ‘Know what I mean.. Good morning. The Associated Society of Locomotive Engineers and Firemen has come up with a terrific way to celebrate the...
Smart Currency Exchange: Sterling hits 4-month high [11/01/2011]
By admin on January 11, 2011Read moreSterling hit a 4-month high against the euro yesterday as the single currency was dogged by concerns over the debt problems in the euro zone. Sterling was also helped against...
Rational FX: US unemployment rate drops by 0.4% [10/01/2011]
By admin on January 10, 2011Read moreFriday’s Economic Data The Euro cemented its downtrend as a result of Germany’s Retail Sales which came in massively less than previous and what analysts expected. As a result...
Moneycorp: Halifax sees house prices falling [10/01/2011]
By admin on January 10, 2011Read more– US payrolls data a disappointment – China’s trade surplus narrows sharply Good morning. The shadow chancellor, Alan Johnson, has told a TV interviewer that he wants to raise...
Smart Currency Exchange: Strong day for Sterling on Friday [10/01/2011]
By admin on January 10, 2011Read moreSterling had a strong day on Friday, closing above 1.20 against the euro after the biggest weekly gain against the single currency since mid-November 2010. Sterling benefitted from heavy selling of the...
Rational FX: EU Consumer confidence at lowly -11 [07/01/2011]
By admin on January 7, 2011Read moreYesterday’s Market Movers PMI come out slightly worse than expected having little effect on the market however any figure below 50 is negative and shows there is a lack...
