Posted on Sunday, July 3rd, 2011 at 3:04 pm.
GBP Sterling turned positive against the dollar on Monday, tracking a bounce in the euro/dollar exchange rate after comments from a top euro zone policymaker calmed immediate fears about stability in the region. The… Read More...
Posted on Sunday, July 3rd, 2011 at 3:04 pm.
GBP Sterling was pushed backwards yesterday morning as Retail sales came in far lower than expected. Retails sales at 9:30 showed a monthly decline of 1.8%, this was 1.3% worse than the market expectation… Read More...
Posted on Sunday, July 3rd, 2011 at 3:04 pm.
Overview The dollar came out as the big winner yesterday on the majors as the euro and sterling tussled with each other to see which had the gloomiest outlook in terms of economic data.… Read More...
Posted on Sunday, July 3rd, 2011 at 3:04 pm.
GBP Sterling slid to a 15-month low against a trade-weighted basket of currencies and the euro on Thursday on month- and quarter-end selling, with more losses likely as investors add to bearish bets on… Read More...
Posted on Sunday, July 3rd, 2011 at 3:04 pm.
Overview: Yesterday’s main theme was short-term euro strength as Trichet’s rhetoric focused on ‘strong vigilance’, and Greek sovereign debt default fears have been eased for the time being. GBP Sterling remained relatively range bound… Read More...
Posted on Sunday, July 3rd, 2011 at 3:04 pm.
GBP Sterling hit an eight-week low against the euro on Wednesday as the single currency gained broad support ahead of a Greek vote on dramatic austerity measures, which many in the market expect to… Read More...
Posted on Sunday, July 3rd, 2011 at 3:04 pm.
GBP The pound fell to near five-month lows against the dollar yesterday as an increase for the safe-haven currency soared amid worries over the European debt crisis ahead of a key Greek vote on… Read More...
Posted on Sunday, July 3rd, 2011 at 3:04 pm.
Financial markets had a volatile week in which most assets lost ground. The steady drumbeat of negative macroeconomic news worldwide continued. This week, European PMIs surprised to the downside, and the Federal Reserve revised its… Read More...