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UKForex: UK mortgage approvals data comes in better than expected [05/01/2011]
By admin on January 5, 2011Read moreUnited States Dollar: There was an element of “risk on” during early London trade yesterday as GBP/USD surged upwards by more than 150 points after stronger than expected UK...
00Rational FX: VAT increase means up to an extra £600/yr in taxes for families [04/01/2011]
By admin on January 4, 2011Read moreHappy New Year to all! With the VAT increase coming into play at midnight last night we will begin to see the effects it will have on the UK’s...
Moneycorp: A happy new year for equity markets [04/01/2011]
By admin on January 4, 2011Read more– But not for the Aussie dollar or the yen– Sterling still making up its mind Good morning and happy new year. The British media are often accused of...
Smart Currency Exchange: GBP drop due to heavy ‘year-end’ EUR buying [04/01/2011]
By admin on January 4, 2011Read moreHappy New Year! In our first currency note of 2011, sterling started the week slowly as UK markets were shut for the bank holiday. Sterling had a volatile end...
UKForex: 2010 summary: 3.1% drop for GBP/USD & 3.4% rise for GBP/EUR [04/01/2011]
By admin on January 4, 2011Read moreUnited States Dollar: “New Years Eve saw razor thin trading conditions as month-end, quarter-end, and year-end fixing flows drove the dollar broadly lower. GBP/USD opened the day at 1.5440...
Rational FX: UK Nationwide House Price Index to show steady MOM decrease [31/12/2010]
By admin on December 31, 2010Read moreSeasonal Greetings All, Over the festive period currency markets have been locked in tight ranges with the severe bad weather coupled with many Bank Holidays falling during the working...
Moneycorp: Estonia to join Euro currency tonight [31/12/2010]
By admin on December 31, 2010Read more– Estonia to join the single currency tonight– Greece offers Estonia its place Good morning. Nobody was particularly surprised to see that for a second successive year the new...
Smart Currency Exchange: UK recovery worries rock GBP [31/12/2010]
By admin on December 31, 2010Read moreSterling lost ground as worries over the UK recovery were to the fore. The only currency that seemed to have a worse day was the US$ as concerns over their debt requirements grew....
UKForex: UK House Prices predicted to continue to fall next year [31/12/2010]
By admin on December 31, 2010Read moreUnited States Dollar: Mid morning during the European session GBP/USD was down to 1.5425 from 1.5500 (North America close, Wednesday) with a UK clearing bank as a notable seller...
Moneycorp: Sterling is back on its feet – for the moment [30/12/2010]
By admin on December 30, 2010Read moreGood morning. A headline on Bloomberg this morning appears to illustrate one of the consequences of currency misalignments; “Brazil Raises Duties on China-made Baby Dolls as Real Gains Hurt...
