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Smart Currency Exchange: GBP hits a 3 month low against USD [20/12/2010]
By admin on December 20, 2010Read moreSterling hit a 3 month low against the US dollar on Friday after Lloyds Banking Group warned that it was making further provisions for losses on Irish debt that it...
00RationalFX: Ireland’s Credit Rating drops from AA2 to BAA1 [20/12/2010]
By admin on December 20, 2010Read moreDue to the Irish banking debt and the economic uncertainty Moody’s lowered Ireland’s rating from AA2 to BAA1 and claimed that if the consolidating measure of the Irish could not stabilise its credit rating it may be...
UKForex: EUR/USD slumped on Friday [20/12/2010]
By admin on December 20, 2010Read moreUnited States Dollar: The pound fell against the US dollar on Friday. The greenback has continued to push higher in line with US treasury yields. Growing tensions between North...
Moneycorp: Seasonal illiquidity starts here [20/12/2010]
By admin on December 20, 2010Read more– Euro unmoved by Brussels summit – Little stimulus promised by today’s data Good morning. Another burst of cold weather has the media warning that blocked roads and airports...
RationalFX: USA sees drop in number of new homes being built [17/12/2010]
By admin on December 17, 2010Read moreStill problems weighing on the Euro Zone, its costing Spain 20% more this month to issue bonds over the previous, this still did not entice investors to cover the...
Moneycorp: Financial stability report rattles investors [17/12/2010]
By admin on December 17, 2010Read more– Two agreements from the EU summit– More expected Good morning. For anyone who has wondered how technical analysis works, here is an brief example of the Japanese way...
Smart Currency Exchange: UK expects a 4% inflation [17/12/2010]
By admin on December 17, 2010Read moreSterling climbed against the US dollar and euro yesterday after UK retail sales data for October was revised upwards and inflation expectations continued to rise. November retail figures came...
UKForex: UK retail sales rise 0.3% in November [17/12/2010]
By admin on December 17, 2010Read moreUnited States Dollar: GBP/USD has been fairly range bound over the last 24 hours. It is up very slightly on this time yesterday and trades at 1.5630 currently. US...
Rational FX: ILO Unemployment Rate reaches 7.9% [16/12/2010]
By admin on December 16, 2010Read moreProposal for the ECB to release E bonds have been played down by Angela Merkel, the German Chancellor. However she supported the extension of the EU bailout package and...
Moneycorp: Private sector 0 : Public sector -33,000 [16/12/2010]
By admin on December 16, 2010Read more– UK unemployment tops 2.5 million – Retail sales today’s obstacle Good morning. Burglars in Oswaldtwistle, Lancashire, have taken to using the hot tubs in their victims’ gardens before...
