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Smart Currency Exchange: Portugal set to raise €1.25bn in auction [12/01/2011]
Sterling held firm above the 1.20/£1 level after jumping to a four month high in the last few days...
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Moneycorp: Portuguese debt auction today [12/01/2011]
– Roll up, roll up– Please… Good morning. Its original coinage is variously attributed to King Charles I, Benjamin...
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UKForex: UK Halifax House Price Index came in weaker than anticipated [11/01/2011]
United States Dollar: GBP/USD started the week moving along a fairly tight range between 1.5522/67 and found some support...
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Rational FX: Halifax house price data way below expectations in 2010 [11/01/2011]
Yesterday’s Economic Data House price data from Halifax fell much more than expected and throughout 2010 it fell more...
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Moneycorp: EU says no need for Portugal bailout [11/01/2011]
– Nudge nudge, wink wink– ‘Know what I mean.. Good morning. The Associated Society of Locomotive Engineers and Firemen...
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Smart Currency Exchange: Sterling hits 4-month high [11/01/2011]
Sterling hit a 4-month high against the euro yesterday as the single currency was dogged by concerns over the...
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Rational FX: US unemployment rate drops by 0.4% [10/01/2011]
Friday’s Economic Data The Euro cemented its downtrend as a result of Germany’s Retail Sales which came in massively...
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Moneycorp: Halifax sees house prices falling [10/01/2011]
– US payrolls data a disappointment – China’s trade surplus narrows sharply Good morning. The shadow chancellor, Alan Johnson,...
Daily Market Commentary
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