The pound remained close to a 2 month high against the US dollar
The pound remained close to a 2 month high against the US dollar yesterday, a day where risk appetite made a comeback after the markets interpreted the words of US federal Reserve Chairman Ben Bernanke on Monday night as suggesting that the [...]
US Dollar Exchange Rate Surges as Stocks Rally Worldwide on Positive US Fed Meeting
The US Central Bank left interest rates unchanged at the record low 0.25%. The tone of the FOMC meeting oozed showed slight signs of optimism with growth forecasts improving modestly. Greater confidence in the labour market combined with [...]
Euro to US Dollar Future Currency Exchange Rate Forecast
The European Central Bank’s inspired decision to offer almost 1 Trillion Dollars in cheap 3-year loans has impacted markets considerably well so far. The liquidity boost has caused bond yields to fall across the Eurozone and has been [...]
US Dollar Rallies as US Nonfarm Payrolls Up 227K
The US Dollar has soared across the board on the back of the prolific Nonfarm Payrolls. For the 17th consecutive month new people have been added to the payroll; private companies employed 233,000 new staff, while government organisations lost [...]
Euro Forecast to fall in 2012: US Dollar and Pound Sterling Currencies to Grow
To cut a short story long…
Details of how much a disorderly Greek default would cost the Eurozone entered mainstream circulation yesterday. It was not good news. The document leaked from the Institute of International Finance (IIF) estimated [...]
