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Smart Currency Exchange: Euro zone funding requirement at €815B for 2011 [30/12/2010]
By admin on December 30, 2010Read moreSterling gained a little bit of ground across the board. The US$ suffered from worries over the level of its funding requirements over the coming year as yields on US...
00UKForex: 5th drop in a row for Spanish Retail Sales [30/12/2010]
By admin on December 30, 2010Read moreUnited States Dollar: As expected, another quiet day yesterday with little for the market to sink its teeth into in terms of data. GBP/USD bounced between the 1.5350 and...
Rational FX: 1.6% drop in US Consumer Confidence [29/12/2010]
By admin on December 29, 2010Read moreOver 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 week – this...
Moneycorp: Sterling lower; Swiss franc higher [29/12/2010]
By admin on December 29, 2010Read more– Sterling lower; Swiss franc higher– Unhelpful report from the CIPD Good morning. The government’s Christmas present to its adoring voters (apart from a tasteful P45) was a proposal...
UKForex: US consumer confidence unexpectedly fell in December [29/12/2010]
By admin on December 29, 2010Read moreUnited States Dollar: Volumes in the FX market are light this morning and will likely be so over Thursday and Friday too. The dollar opens the week higher on...
Smart Currency Exchange: Sterling loses ground against EUR & USD [29/12/2010]
By admin on December 29, 2010Read moreWe are in a quiet period with little news and low trading volumes as most sensible people make the most of the festive period. Sterling has lost a little bit...
Rational FX: Yen and Swiss Franc continue growing in strength [24/12/2010]
By admin on December 24, 2010Read moreIt is important to notice that the Yen and Swiss Franc has strengthened significantly over the last four weeks against all major pairings. Copper has also gained significant ground...
UKForex: Hungary downgraded to BBB- with negative outlook ahead [24/12/2010]
By admin on December 24, 2010Read moreUnited States Dollar: GBP/USD has risen steadily over the last 24 hours whilst markets settle down in the run up to the xmas hols. It opens this morning at...
Moneycorp: A Peripheral Euroland Prime Minister’s Lament [24/12/2010]
By admin on December 24, 2010Read more‘Twas the night before Christmas, when all through the zoneEvery leader was praying he’d not need a loan.The begging bowls stacked by the side of my fireWere empty, the...
Rational FX: BBA Mortgage Approvals figures expected to beat 2009’s [23/12/2010]
By admin on December 23, 2010Read moreYesterday’s Market Movers In the UK yesterday we had the Bank of England Minutes which stayed with a three way split. There was also a view on inflation for...