Category Archives: fx

06.02.12

How to Lock into a Future Exchange Rate

VFX offers the ability to forward buy on certain currency pairs which gives you peace of mind by locking into guaranteed exchange rates, helping you budget for the months ahead and concentrate on managing your business rather than worrying how … Continue reading

Categories: EasyFX, General news, forex, fx.

12.12.11

Sterling Hits 10 Month High Versus The Euro

The pound has performed well in today’s morning trading session and has now put on over a cent versus the single currency. The euro has not come out of the EU summit looking too clever, which took place at the … Continue reading

Categories: eurozone, forex, fx, sterling.

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.

10.11.11

BoE Leaves Interest Rates On Hold At 0.5%

Sterling has weakened off versus the euro in this mornings trading session as the single currency recovered some of its losses posted over the last few days. The run up to the BoE rate decision also saw some weakness for … Continue reading

21.10.11

VFX Currency Update: Sterling rallies versus dollar and euro

The pound has just reached a 4 week high versus the dollar and a 2 week high against an under-pressure euro ahead of a crucial weekend of EU meetings. It seems despite worse than expected consumer confidence numbers releases from … Continue reading

Categories: currency, forex, fx, sterling.

12.10.11

Dollar weakness as cable gains two cents

FX markets have been busy this morning as we have seen the greenback sold off across the board. Risk appetite has stormed back as players come out of the safety of the greenback and into so called higher risk currencies, … Continue reading

Categories: currency, dollar, fx, sterling.

04.10.11

Bernanke speech and rumours of SNB intervention sends euro bid

The single currency has posted a mild recovery this afternoon taking back a cent against both the dollar and euro in the wake of Fed Chairman Ben Bernanke’s speech which is still ongoing. There were also rumours of more Swiss … Continue reading

15.09.11

SNB holds interest rates unchanged and confirms Swiss franc/euro peg at 1.20

The Swiss National Bank have held interest rates at between 0% – 0.25% as expected and has confirmed they are willing to do whatever it takes to continue to keep the EUR/CHF currency pair pegged at the 1.20 handle.

Categories: General news, eurozone, fx.

14.09.11

Sterling recovers losses after release of UK unemployment data

The pound recovered earlier losses against both the dollar and euro after UK unemployment data came in unchanged at 7.9% and claiment count data came in slightly better at 20.3k from the expected number of over 34k.

Categories: forex, fx, sterling.

14.09.11

Sacrebleu: Moody’s downgrade SocGen and Credit Agricole

Moody’s Investors Service has downgraded two of France’s top banks, Societe Generale and Credit Agricole in a blow to efforts by European policymakers to restore market confidence in the region.