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.

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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.

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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.

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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.

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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.

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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.

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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.

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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.

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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.

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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...

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