UK consumer price inflation was announced today and it came in at 4%, which is...
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US Dollar Rallies Due to Middle East Unrest. The Week Ahead…
Political unrest in the Middle East finally led to a change in market sentiment on...
China Increases Interest Rates and the New Zealand Finance Minister Hints at a Return to Recession
The Peoples Bank of China lifted its benchmark one year lending rate to 6.06% and...
US Dollar Weaker After Non Farm Payrolls Released
US nonfarm payrolls rose in December as 36,000 jobs were created, though this was well...
The Euro Falls as the ECB Avoids Discussing Inflation
The European Central Bank (ECB) announcement and following press conference caused the Euro to suffer...
The Pound Pushed 1.62 Against the US Dollar and the Japanese Yen Continues to Drop
The Pound rallied strongly against the US Dollar yesterday, pushing 1.62 against the Greenback. This...
Hawkish Comments from MPC Member Weale Sends Sterling Soaring. A Look at the Week Ahead
The Pound gained over 1% against the US Dollar, the Japanese Yen and the New...
Shock Reduction to Japan’s Credit Rating Hits the Yen
Standard & Poor’s reduced the Japanese credit rating from AAA to AA-, a drop of...
Second MPC Member Votes to Increase UK Interest Rates
Sterling rallied slightly from Tuesday’s heavy losses, after the minutes from the Bank of England’s...
Sterling Plummets as the UK Economy Shrinks by 0.5%
The Pound suffered heavy losses today as the Office of National Statistics (ONS) reported that...