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Smart Currency Exchange: UK’s Purchasing Manager’s Index shoots to 58.3 [05/01/2011]
Sterling gained yesterday as manufacturing data showed that activity in the sector grew in December at the fastest rate...
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UKForex: UK mortgage approvals data comes in better than expected [05/01/2011]
United States Dollar: There was an element of “risk on” during early London trade yesterday as GBP/USD surged upwards...
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Rational FX: VAT increase means up to an extra £600/yr in taxes for families [04/01/2011]
Happy New Year to all! With the VAT increase coming into play at midnight last night we will begin...
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Moneycorp: A happy new year for equity markets [04/01/2011]
– But not for the Aussie dollar or the yen– Sterling still making up its mind Good morning and...
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Smart Currency Exchange: GBP drop due to heavy ‘year-end’ EUR buying [04/01/2011]
Happy New Year! In our first currency note of 2011, sterling started the week slowly as UK markets were...
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UKForex: 2010 summary: 3.1% drop for GBP/USD & 3.4% rise for GBP/EUR [04/01/2011]
United States Dollar: “New Years Eve saw razor thin trading conditions as month-end, quarter-end, and year-end fixing flows drove...
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Rational FX: UK Nationwide House Price Index to show steady MOM decrease [31/12/2010]
Seasonal Greetings All, Over the festive period currency markets have been locked in tight ranges with the severe bad...
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Moneycorp: Estonia to join Euro currency tonight [31/12/2010]
– Estonia to join the single currency tonight– Greece offers Estonia its place Good morning. Nobody was particularly surprised...
Daily Market Commentary
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