The European Central Bank (ECB) announcement and following press conference caused the Euro to suffer...
Yearly Archives: 2011
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...
Rumours of a Solution to the Euro Crisis Helps the Single Currency. A Look at the Week Ahead…
Higher than expected inflation drove Sterling higher at the beginning of last week, and it...
Profit Taking Hits Sterling and Commodity Currencies Fall as China is Expected to Tighten Monetary Policy
The Pound’s recent rally against the Euro and US Dollar came away somewhat today. Profit...
Sterling Rises as RPI Beats All Expectations
The Pound rose this morning against all other currencies as the Retail Price Index (RPI)...
Strong Gains by the Euro. A Look at the Week Ahead…
The Euro made strong gains on Thursday afternoon and on Friday as the president of...