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60 Articles Total
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Currency Market Update 19/11/09 The Pound took a setback yesterday dropping below the 1.12 level. Data released caused some concern as the 9 people who set the British monetary policy agree that the next few years the economy is not going to be much fun and they don't all agree... ( added 2 days 19 hours ago.)
Currency Exchange Update 18/11/09 The Pound continued from Mondays trading as sterling enjoyed another day of strength. With highs of just over 1.13 on the Euro and 1.6873 on the Dollar. If gains are to continue today the CBI data must be good and the BOE meeting minutes must have... ( added 3 days 19 hours ago.)
Currency Exchange Update 17/11/09 The Pound enjoyed a good day on the markets yesterday. With at long last a close above the 1.12 level, we could see some sterling strength. However a cautionary note that data out today could see us rebound back into the 1.11's The Dollar again... ( added 4 days 19 hours ago.)
Currency Exchange Update 16/11/09 The Pound a report from Rightmove PLC has stated that for the first time in three months UK house sellers have been asked to reduce house prices as demand dwindles leading into Christmas. The average price fell by 1.6% to 226.440.00 from October... ( added 5 days 19 hours ago.)
Currency Exchange Update 13/11/09 The Pound hit the weeks low against the dollar yesterday, as sterling weakness continued after the comments from the BOE governor Mervyn King said further Quantitative Easing measures are not being ruled out, he also highlighted the benefits of a... ( added 8 days 18 hours ago.)
Currency Exchange Update 12/11/09 The Pound yesterday had a mixed bag of data and fell below the 1.11 on the Euro and 1.66 on the Dollar. The number of people unemployed in the UK rose slightly in the three months to September; however it was the smallest increase since May 2008.... ( added 9 days 18 hours ago.)
Market Update on Currency Transfers 11/11/09 The Pound has regained some momentum this morning after the shock reaction of the debts of the UK's AAA rating yesterday. However with the Unemployment Rateand; Claimant Count data out today we could see a Holt on any uptrend short term. Stirling... ( added 10 days 19 hours ago.)
Currency Market Update 10/11/09 The Pound had a mixed bag yesterday with gains against the Dollar and although it hit over 1.12 fell sharply over the course of the day. This morning due to remarks by a senior official at Fitch Ratings that the U.K. is most at risk among major... ( added 11 days 17 hours ago.)
Currency Update 06/11/09 The Pound BOE kept the policy rate at 0.5% but decided to expand the amount of its asset purchase program by 25 Billion pounds to 200 Billion pounds. A rally in sterling after the announced showed that the market had expected a bigger expansion.... ( added 15 days 21 hours ago.)
Currency Market Update 04/11/09 The Pound Still holding its own against the majors so far this week, however the Bank of England and the ECB meet tomorrow to announce the interest rate decisions, any unexpected announcements could have a massive impact in the pounds direction.... ( added 17 days 18 hours ago.)
Currency Market Update03/11/09 The Pound on Monday bowed to the currency's unwanted correlation to risk appetite. The Home track Housing survey for October reported home prices grew for a third time. More amazing was the CIPS/Market Manufacturing PMI survey for the same period.... ( added 18 days 18 hours ago.)
Currency Market Update 02/11/09 The Pound It is being said that the Bank of England could choose to risk doing too much rather than too little this week as Britain starts to trail behind the rest of the world economy. BOE nine-member Monetary Policy Committee will expand its... ( added 19 days 18 hours ago.)
Currency Market Update 30/10/09 The Pound again enjoyed a good day on the markets with gains against the Dollar and the Euro. With yesterday's highs of over 1.12 on the Euro and 1.65 on the Dollar, the risk appetite for investors seems to be improving for Stirling. The Dollar... ( added 22 days 18 hours ago.)
Currency Market Update 29/10/09 The Pound looks to have regained its footing against the Euro this week after the knee jerk reaction that the UK economy was still in trouble. This left investors shying away from Stirling. GBP closed overnight above 1.11 , this could be a major... ( added 23 days 18 hours ago.)
Currency Market Update 28/10/09 The Pound made gains against the Euro and the Australian Dollar while remaining relatively unchanged against the US Dollar following positive data and comments from BoE policymakers gave again a hint that a recovery in the UK economy could be on... ( added 24 days 15 hours ago.)
Currency Market Update 27/10/09 The Pound extended its sharp fall last week in the wake of data showing UK contracted in the third quarter, dropping below a key technical support level against the US dollar. However we could see a positive stance and the pound regain against the... ( added 25 days 18 hours ago.)
Currency Market Update 23/10/09 The Pound saw gains against the majors after the economy probably grew for the first time in over a year in the third quarter. A slight pickup in manufacturing and service industries ended the worst recession since World War II. Chancellor of the... ( added 29 days 18 hours ago.)
Currency Market Update 19/10/09 The Pound Just a few comments from a member of the BOE, we have seen the GBP shoot higher against all of its majors. In fact it was the biggest one day gain against it's the euro in eight months. However it could face more event risk compared to... ( added 33 days 18 hours ago.)
Currency Market Update 16/10/09 The Pound rebounds against all the majors on speculation that BoE could pause quantitative easing. BoE Markets Director Paul Fisher said that he has more confidence ( added 36 days 18 hours ago.)
Currency Market Update 15/10/09 The pound has held its position against the US Dollar over the last few days, which could indicate retracement back to over the 1.60's. It has also seen slight gains against the Euro and hopefully we could see the pound edging above the 1.10's... ( added 37 days 18 hours ago.)
Currency Market Update 14/10/09 The Pound gained against the majors yesterday despite Deflation and more calls to Increase in Stimulus. The Chamber of Commerce had also released its own assessment. The group claimed it was unlikely that the economy grew through the third quarter... ( added 38 days 17 hours ago.)
Currency Market Update 13/10/09 The Pound declined against the Euro and the Dollar as UK Prime minister Gordon Brown added to the view that monetary stimulus should remain in place for several years and British Chamber of Commerce stated that the quantitative easing program... ( added 39 days 17 hours ago.)
Currency Market Update 12/10/09 The Pound declined against the Euro and the Dollar on Friday as market expectations continued that the UK will be the last of the major countries to withdraw its aggressive monetary policy due to its poor economic performance. Also to note weekend... ( added 40 days 17 hours ago.)
Currency Market Update 08/10/09 The British pound made small gains agains some of the majors yesterday but remained relatively unchanged against the Dollar . However the pound will risk on today from the Bank of England's (BOE) latest rate decision. The BOE is anticipated to... ( added 44 days 17 hours ago.)
Currency Market Update 07/10/09 The Pound declined against the Dollar and the Euro after an unexpected fall in UK manufacturing output raised doubts about the British economy's recovery prospects. The dramatic fall in UK industrial production followed a mixed bag of economic... ( added 45 days 17 hours ago.)

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