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Sterling Tumbles as Manufacturing Sector Grinds Down
Wed, 01 Sep 10 12:01 pm
The Pound has begun to drop against both the Euro and the US Dollar following surprisingly poor data from the manufacturing sector this morning.
Negative Equity Crisis In Store for UK Housing Market
Tue, 31 Aug 10 13:01 pm
The UK housing market is in the headlines, being hailed as the lead indicator of the UK’s flagging economy.
Show Down For UK and US Economies
Fri, 27 Aug 10 11:32 am
Today gives currency investors the chance to directly compare the UK and US economies – UK GDP figures have come in above expectations this morning and US GDP figures are due to be released later.
A Torrential Downpour… of Bad News
Thu, 26 Aug 10 11:47 am
With the UK in a furious debate over the government’s budget cuts, the US in panic mode and Europe still hanging on by a thin thread it’s down to the rest of the world to pull us back to the surface.
A fight to the bottom of the pile
Wed, 25 Aug 10 14:25 pm
It’s been bad news all round for UK, US and European markets. In the UK, a report into the budget has claimed that Britain’s poorest will be a hit much harder than the richest labelling the budget as regressive.
Sterling falters with threat of double dip recession
Tue, 24 Aug 10 11:16 am
An interview in The Times this morning with the newest Bank of England committee member, Dr Martin Weale, has hit the headlines with the ensuing hype influencing currency markets and causing a drop in Sterling.
How long can the Pound stay strong?
Mon, 23 Aug 10 12:06 pm
This week is beginning with currency investors on risk-averse mode following the large scale effect of last week’s poor US jobless figures; which saw the Yen being the main beneficiary.
Global Economy in Doubt Boosting Safe Haven Currencies
Fri, 20 Aug 10 13:49 pm
Currency investors are awaiting several large-scale world events likely to affect markets, with safe-haven currencies the Swiss Franc and Japanese Yen as well as gold benefiting from the uncertainty.
Britain goes shopping and pushes the Pound higher
Thu, 19 Aug 10 15:01 pm
Retail sales rose by 1.1 percent in July, much higher than the forecast 0.4 percent and also outweighing June’s growth of 0.7 percent.
Sterling boosted by Bank of England Minutes
Wed, 18 Aug 10 11:57 am
The Pound, which sharply fell yesterday, has received some support from the latest set of Bank of England minutes released this morning.
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Today's Currency News
The Pound has begun to drop against both the Euro and the US Dollar following surprisingly poor data...
Currency Rates
| US Dollars | 1.5394 |
| Euros | 1.2008 |
| Swiss Francs | 1.5573 |
| Australian Dollars | 1.6923 |
| South African Rand | 11.129 |
| GBP indicative mid-market rate at 17:45. Please call for quote. | |
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