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Weekly Currency Blogs
QE on ice as UK fears fester
Tue, 09 Mar 10 09:57 am
Phrases such as ‘better the devil you know’ and ‘the lesser of two evils’ may have been scribbled in the tattered moleskin diaries of a few sterling traders last week. Keeping that theme in mind, an eternity in flames may have provided a more favorable option to those expected to vote this summer, as the British public seem well and truly stumped, which could result in a hung Parliament – which doesn’t bode well for sterling.
Pounds and politics don’t mix
Mon, 01 Mar 10 16:09 pm
Mutually detrimental – that’s one way to describe the rocky relationship between politics and economics in the UK as the promise of a stalemate in the coming election looms like a threatening rain cloud over the nation’s fiscal picnic spread.
Dollar makes an end-of-week surge
Tue, 23 Feb 10 15:10 pm
You don’t see much of sterling in the headlines these days. Maybe it’s the lack of outrageous award-ceremony outfits, or perhaps it’s just a bit run down and worn out by all the fiscal misery and bad weather of late.
Euro in Greek crisis
Mon, 08 Feb 10 17:00 pm
As the snow begins to fall here on the Thames you’d be forgiven for believing that the UK is caught up in a whirlwind of unnecessarily spiteful weather out of which we may never emerge.
Pound continues to fall
Fri, 25 Sep 09 06:00 am
Well, after reports of Armageddon taking place on 09/09/09 it seems we are still alive and kicking. With no big bang, no outbreak of swine flu and no apocalyptic end to life on earth, we were condemned to yet another lacklustre day in foreign exchange markets, with the pound sinking even lower against the euro.
Pound continues to slide
Fri, 25 Sep 09 06:00 am
As Colonel Gaddafi ranted and raved at the UN this week, enjoying his 15, or closer to 100 minutes of fame, the lull continued on currency markets for the pound, which fell over 1.5% against the euro and US dollar.
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Pound suffers on house price data
Tue, 09 Mar 10, 09:45
The pound is down this morning after UK house price data came out worse than expected whilst fears continue to ease in the Euro-Zone over the Greek situation.