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Dollar drops against yen after rally
Fri, 30 Mar 07 15:00 pm
The dollar weakened against the yen this morning after a Thursday rally saw the US currency gain strength in light of reported expectations of a high demand from Japanese companies for dollars, as well as recent US GDP data.
Yen loses footing against major currencies
Thu, 29 Mar 07 15:00 pm
This morning marked the end of the yen's strengthening against both the dollar and the euro earlier this week, as it fell against the world's biggest currencies, Bloomberg reported.
Euro strong against UK, US currencies
Wed, 28 Mar 07 15:00 pm
The euro strengthened against the pound yesterday after an early-week rally between the two currencies, while the dollar dropped against both the European currency and the yen.
Inflationary pressure boosts sterling
Tue, 27 Mar 07 15:00 pm
Sterling is expected to gain as UK growth figures boost speculation that the Bank of England's hand will be forced on rising interest rates.
Dollar up against the euro on housing data
Mon, 26 Mar 07 15:00 pm
Expectations that the US housing market may be showing signs of an upturn have seen the dollar trade at a one week high against the euro.
Rate rise expectations boost pound against the euro
Fri, 23 Mar 07 14:00 pm
Expectations that the Bank of England will raise interest rates have seen the pound gain against the euro for the first time in four weeks and put it at a six week high against the US dollar.
Dollar falls to near two year low against the euro
Thu, 22 Mar 07 14:00 pm
A move by the US Federal Reserve to drop its bias toward higher interest rates helped the dollar fall to a near two year low against the euro.
Inflation data sees sterling rise against the dollar
Wed, 21 Mar 07 14:00 pm
Higher than expected inflation figures in the UK have fuelled speculation of a further interest rate rise boosting sterling to a three week high against the dollar.
Dollar in relative decline against EU currencies says analyst
Tue, 20 Mar 07 14:00 pm
The dollar will fall to $2.00 against the pound and $1.35 against the euro within the next three months as the US rate advantage is eroded, a currency analyst has predicted.
Brown prepares to bow out on 11th budget
Mon, 19 Mar 07 14:00 pm
Gordon Brown's 11th and presumably final budget as chancellor of the UK is set to be the biggest of this week's economic reports when it is delivered on Wednesday.
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The Pound has begun to drop against both the Euro and the US Dollar following surprisingly poor data...
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