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Smart Currency Daily Rates & Comments – 19 November 2010
By stevan on November 19, 2010Read moreSterling gained against the US dollar yesterday as positive retail sales figures and factory orders helped lift the pound back over $1.60/£1 but it struggled to hold above that...
00Foreign Exchange Daily Market Commentary – UKForex – 18/11/2010
By stevan on November 18, 2010Read moreUnited States Dollar: The dollar sold off slightly yesterday on what was a relatively quiet trading day. Volatility fell and investors took stock of positioning ahead of continued talk...
Smart Currency Daily Rates & Comments – 18 November 2010
By stevan on November 18, 2010Read moreSterling edged up yesterday after an unexpected drop in the number of people claiming unemployment benefits and minutes from the Bank of England’s Monetary Policy Committee November meeting showed...
Foreign Exchange Daily Market Commentary – UKForex – 17/11/2010
By stevan on November 17, 2010Read moreUnited States Dollar: The risk aversion theme continued throughout the day yesterday, as investors moved out of riskier assets and currencies into so called safe haven products. Equity markets...
Smart Currency Daily Rates & Comments – 17 November 2010
By stevan on November 17, 2010Read moreSterling fell sharply yesterday after Bank of England governor Mervyn King signalled that the Bank of England could launch a further programme of Quantitative Easing if needed. Earlier in...
Foreign Exchange Daily Market Commentary – UKForex – 16/11/2010
By stevan on November 16, 2010Read moreUnited States Dollar: The dollar strengthened further yesterday and continues to do so into London open this morning. Lingering worries regarding sovereign default risk in the Eurozone continue to...
Smart Currency Daily Rates & Comments – 16 November 2010
By stevan on November 16, 2010Read moreSterling slipped against the US dollar yesterday but held near to a 7 week high against the euro as concern over the debt situation in Ireland hampered the single...
Foreign Exchange Daily Market Commentary – UKForex – 15/11/2010
By stevan on November 15, 2010Read moreUnited States Dollar: The dollar strengthened against a basket of currencies on open this morning on the back of a turnaround in risk sentiment. Reports out over the weekend...
Smart Currency Daily Rates & Comments – 15 November 2010
By stevan on November 15, 2010Read moreSterling slipped against the euro on Friday as the single currency recovered ground as European leaders sought to reassure investors in ‘peripheral’ Euro zone debt that they would not...
Smart Currency Daily Rates & Comments – 12 November 2010
By stevan on November 12, 2010Read moreSterling hit a 7 week high against the euro on Thursday as the single currency suffered on concerns over periphery debt in the region. This saw sterling extend the...