January


US growth rebounds ahead of rate decision

Wed, 31 Jan 07 15:00 pm
US economic growth rebounded during the final three months of 2006, powered by resurgent consumer spending due to cheaper oil prices and rising wages.

Low Japanese growth adds to low rate expectations

Tue, 30 Jan 07 15:00 pm
The yen remained near a four year low against the dollar during early foreign currency trading on Tuesday as sluggish consumption data downplayed rate rise expectations.

Yen falls on slow consumer spending

Mon, 29 Jan 07 15:00 pm
A report revealing a drop in retail sales in Japan has caused the yen to fall to its lowest level against the US dollar in more than four years.

Pound to continue dollar advance on growth

Fri, 26 Jan 07 15:00 pm
The pound is expected to continue its advance against the dollar next week following a series of reports showing the UK economy steaming ahead.

Dollar claws back lost ground

Thu, 25 Jan 07 15:00 pm
The dollar clawed back some lost ground against sterling yesterday as foreign exchange markets continued to weigh the forward prospects of interest rates.

Rate differentials bite on dollar/yen performance

Wed, 24 Jan 07 15:00 pm
The rate differentials dictating foreign exchange markets were starkly displayed yesterday as the yen fell to a record low on the euro and sterling hit a 14 year dollar high.



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