Sterling rose against the euro during Asian trade; this move is still continuing this morning...
Monthly Archives: October 2010
Currency Forecast – Pound Remains Solid After Fast paced GDP Growth
The currency markets remain range-bound from yesterday with very little data of note on the...
Posen Scuppers Pound Rally
Monetary policy committee member Adam Posen has thrown a spanner in the works this morning...
Pound Drops to 7 Month Low
The pound has been sold off during overnight trade after the austerity measures announced yesterday...
Bank of England Minutes Show 3 Way Split
Minutes of the last MPC meeting showed this morning that there was indeed a 3...
Spending Review Renews Currency Fears
The government will announce its comprehensive spending review on Wednesday and many analysts believe this...
Dollar Weakness Drives Commodities Higher
The U.S. dollar is lower again because of expectations the Federal Reserve will start buying...
Pound Jumps to Eight month High Versus Dollar
The Pound jumped to an eight-month high against the dollar during Asian trade as hefty...
FOMC Minutes Re-enforce Dovish Sentiment
The FOMC minutes yesterday have helped to push the Dollar lower across the board. There...
Euro Drops to 2 Week Low
The euro has fallen to a one-week low versus a broadly firmer U.S. dollar this...