Category Archives: currency

22.02.12

Sterling Sold off on MPC Split

The European session saw the pound take a hit across the board today after MPC members David Miles and Adam Posen voted for a £75bn boost, reopening the debate on whether the Bank will add further quantitative easing in May.

Categories: currency, economics, sterling.

09.02.12

Its a deal, its a steal, its the sale of the Greek Economy!

An agreement has finally been reached on the Greek debt deal which has sent the single currency higher across the board.

06.02.12

How Are You Managing Your Currency Exposure for 2012

Looking ahead to your currency exposure for 2012 may be prudent after witnessing such big swings in certain currency pairs last year. From sterling’s point of view we saw a gain of just under 9% in GBP/EUR where a low … Continue reading

31.01.12

Sterling Hits 8 Day High Versus Euro

The pound struck an eight day high against the euro this afternoon as the glow which was shining brightly over the eurozone area has already began to disappear. Optimism the eurozone agreement yesterday is fast wavering and the agreement remains … Continue reading

23.11.11

Euro continues to slide on weak demand after German debt auction

The euro continued its slide versus the majors as weak demand was seen in this mornings German debt auction.

Categories: currency, economics, eurozone.

23.11.11

Euro Under Pressure as E/Zone Industrial orders Plummet!

The pound and dollar made decent gains against an under fire single currency this morning as the euro came under huge pressure following weaker than expected economic data in the form of E/Zone industrial orders.

15.11.11

Sterling drops versus dollar as inflation comes in lower than expected.

The pound fell against the dollar this morning after UK inflation came in lower than expected. BOE Chief Mervyn King, in his correspondence to UK Chancellor George Osborne, said that he expects inflation to fall sharply over the next 6 … Continue reading

Categories: currency, forex, fx, sterling.

03.11.11

ECB cuts interest rates by 25 basis points to 1.25%

The euro has weakened off slightly this afternoon and erased its gains made this morning. The ECB have cut rates by 25 basis points to 1.25%.

Categories: currency, economics, eurozone, forex.

03.11.11

Euro rebound on hopes of Greek government collapse

The single currency has traded higher this morning on hopes that a Greek government collapse could suspend the Greek referendum on the eurozone debt plan.

Categories: currency, eurozone.

31.10.11

Pound gains over a cent vs the euro and dollar.

The pound has gained nearly one and a half cents against the dollar and a full cent versus the euro this afternoon as sterling reverses its losses posted at the end of last week.We have seen an extremely choppy trading … Continue reading

Categories: currency, dollar, eurozone, sterling.