Friday’s non-farm payroll release in America has raised hopes about the US recovery. The number...
Yearly Archives: 2011
Euro Climbs by 1% Against the Pound
The Euro climbed sharply today as the European Central Bank (ECB) president Jean Claude Trichet...
US and UK GDP Revised Downward and US Dollar Hit as Oil Prices Surge
GDP growth in the UK and USA was revised downward on Friday, increasing concerns about...
Sterling Plunges as Oil Prices Surge. Hawkish Comments from ECB Official
Sterling plunged by almost 1% to its lowest level in three-weeks against the Euro today....
Libya Crisis Reduces Risk Appetite and Earthquake Hits The New Zealand Dollar
Colonel Gadaffi is clinging on to power in Libya where there is a mass uprising...
Sterling Continues To Gain As Retail Sales Improve
The Pound jumped to 1.195 against the Euro on Friday as retail sales figures came...
Sterling Soars as Inflation Hits 4% in the UK
UK consumer price inflation was announced today and it came in at 4%, which is...
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...