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Foreign Exchange Daily Market Commentary – UKForex – 22/10/2010
By stevan on October 22, 2010Read moreUnited States Dollar: “The dollar strengthened slightly yesterday against most other major currencies, and firmed on a trade weighted basis (US Dollar Index) by 0.6%. There is little out...
00Foreign Exchange Daily Market Commentary – UKForex – 20/10/2010
By stevan on October 20, 2010Read moreUnited States Dollar: The dollar strengthened yesterday on a fresh bout of risk aversion, a move that was less about profit taking on long positions and more to do...
Foreign Exchange Daily Market Commentary – UKForex – 18/10/2010
By stevan on October 18, 2010Read moreUnited States Dollar: The dollar strengthened into the close on Friday on the back of short term reversals and profit taking. After hitting a high of 1.6107 on Friday...
Foreign Exchange Daily Market Commentary – UKForex – 15/10/2010
By stevan on October 15, 2010Read moreUnited States Dollar: The US dollar continued to weaken yesterday on the back of further talks surrounding quantitative easing measures and weaker than expected employment and trade balance figures....
Foreign Exchange Daily Market Commentary – UKForex – 14/10/2010
By stevan on October 14, 2010Read moreUnited States Dollar: The USD sold off across the board overnight and this morning on the back of fresh talk of stimulatory measures from the Federal Reserve. Risk appetite...
Crown Currency Exchange Goes Into Administration: The Lessons Learned
By stevan on October 13, 2010Read moreThe events unfolding at Crown Currency Exchange are horrendous and could leave around 13,000 people out of pocket. In addition, many customers who have used their international money transfer...
Foreign Exchange Daily Market Commentary – UKForex – 13/10/2010
By stevan on October 13, 2010Read moreUnited States Dollar: UK CPI inflation data came and went yesterday and failed to deliver any surprise. Figures showed that annual inflation stood at 3.1% in September, unchanged from...
Foreign Exchange Daily Market Commentary – UKForex – 12/10/2010
By stevan on October 12, 2010Read moreUnited States Dollar: Trading was relatively quiet yesterday given that it was a US and Japanese holiday. The press was filled with discussion of the recent G10 and IMF...
Foreign Exchange Daily Market Commentary – UKForex – 11/10/2010
By stevan on October 11, 2010Read moreUnited States Dollar: The dollar retreated sharply on worse than expected non-farm payroll data on Friday afternoon. The figure, produced in published by the US Department of Labor, showed...
Foreign Exchange Daily Market Commentary – UKForex – 06/10/2010
By stevan on October 6, 2010Read moreUnited States Dollar: Risk is well and truly back on. This is in part a reaction to a good US data release yesterday by way of ISM non-manufacturing PMI....