It was a disappointing day yesterday with Bernanke not announcing further monetary stimulus that investors were hoping for. It had been the start of the central banks in UK, Europe and America announcing their interest rate decisions with the respective heads talking about the relative risks that are experiencing in the global and domestic markets. [...]
Tag Archives: sell euros buy pounds
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Wednesday 1st August, 2012 – FX-Foreign Exchange News
This morning we see that the Pound Sterling is trading almost unchanged this morning and this is largely due to the news from the Nationwide that the House Price Index has contracted 0.7% MoM and 2.6% over the last twelve months. Both prints have missed expectations at -0.2% and 2.0% respectively. The GBP remains under [...]
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FX-Foreign Exchange Daily News Wednesday 11th July, 2012
At the time of writing FX-global currency exchange has seen that the U.S. dollar has continued to trade negatively against the yen this morning during European trading after the dismal release of data in the economy of Japan. Machine Tool Orders (YoY) have fallen −15.5% in June, from −3.0% in the previous month. The EUR [...]
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