June


Yen strengthens against dollar as carry trade weakens

Wed, 27 Jun 07 15:00 pm
The yen made its biggest rise in ten week against the dollar on Tuesday as investors showed signs of moving away from carry trades.

Pound nears 26-year high against the dollar

Tue, 26 Jun 07 15:00 pm
The pound rose near to a 26-year high against the dollar on Monday, following last week's release of minutes from the June 7th meeting of the Bank of England's monetary policy committee (MPC).

Weakening US housing market weighs on dollar

Mon, 25 Jun 07 15:00 pm
A stumbling US housing market could cause a further weakening of the dollar as it hit a three-week low against the euro, according to recent reports.

Yen loses Thursday gains in early Friday trading

Fri, 22 Jun 07 15:00 pm
Sterling fluctuated against the yen on Thursday but averaged a multi-year high as it maintained its strength against the Japanese currency.

Pound at three month high against euro

Thu, 21 Jun 07 15:00 pm
The pound hit a three month high against the euro on Wednesday as the markets reacted to the release of minutes from the last meeting of the Bank of England's monetary policy committee (MPC) on June 7th.

Pound trades well on Tuesday

Wed, 20 Jun 07 15:00 pm
The British pound rose against the dollar on Tuesday, averaging a two week high against the US currency.



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Pound steady but further frailty expected
Thu, 11 Mar 10, 11:57
Sterling was flat against the dollar and the euro this morning but further weakness is expected as analysts believe this pause in sell is only temporary.

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