From Top Forex News, 2 days ago Similar articles
UK pound is being helped on two fronts today. General risk appetite, with the focus on the Facebook IPO, is helping the sterling against the US dollar. On the other hand, pound is higher against the euro, as concerns about what’s happening in the eurozone make the pound a preferred choice as a European safe haven currency. (...)Read the rest of Risk Appetite, Better Situation Help UK Pound (127 words) Posted...
From TorFX daily insight, 2 days ago Similar articles
The Euro plunged to a fresh four-month low against the U.S Dollar, extending declines to a third straight week, amid concern that the sovereign debt crisis is worsening Sterling / Euro and US Dollar exchange rates The Pound declined against the Euro yesterday, falling back towards 1.2450, while the UK currency slumped towards a new low under 1.58 versus the U.S Dollar, as global risk appetite weakened on the threat of contagion in the Euro-zone. The single currency fell to a new four month...
From TorFX daily insight, 3 days ago Similar articles
The Pound remained largely unchanged against the Euro Sterling / Euro and US Dollar exchange rates The Pound remained largely unchanged against the Euro yesterday, hovering around the 1.25 level for the majority of the day. The UK currency declined significantly versus the U.S Dollar, falling below 1.59, as risk sentiment weakened in line with escalating concerns surrounding Greece and the Euro-zone debt crisis as a whole. In the UK, the latest unemployment data was stronger-than-expected...
From Top Forex News, 4 days ago Similar articles
The Great Britain pound slumped today after the Bank of England trimmed its growth forecast as the crisis in Europe escalates. Positive employment data did not manage to help the weakening currency.(...)Read the rest of Pound Falls as UK Economy Threatened by Europe’s Crisis (166 words) Posted on Forex News.
From Top Forex News, 4 days ago Similar articles
US dollar is mixed today as gains against the pound and the yen are offset to some degree by the way the euro is managing to eke out gains in spite of the turmoil over Greece. However, even with this small setback against the euro, the US dollar is still likely to remain strong overall, since safe haven currencies are likely to be in demand for some time. (...)Read the rest of US Dollar Mixed as Euro Holds...
From TorFX daily insight, 4 days ago Similar articles
The US Dollar and Japanese Yen pushed significantly higher overnight as equity markets witnessed a major sell off, boosting demand for the go-to safe haven currencies. Sterling / Euro and US Dollar exchange rates Sterling is currently holding above 1.2500 on interbank against the Euro, however has deteriorated rapidly against the US Dollar during trading this morning, reaching a low of 1.5889. GDP data released yesterday morning, which confirmed that economic growth in Germany accelerated,...
From Top Forex News, 5 days ago Similar articles
UK pound is declining today, especially against the euro, as the latest news indicates that the eurozone is likely to avoid a recession. The pullback in the pound is not limited to its performance against the euro, though. The British currency is also down against the US dollar as Forex traders re-evaluate recent gains made by the pound. (...)Read the rest of UK Pound Drops Against Stronger Euro (131 words) Posted...
From TorFX daily insight, 5 days ago Similar articles
On a technical level Sterling/US Dollar seems to be heading back below 1.6000 which could pave the way to a possible bearish move towards 1.5800. Foreign Currency Market Update – GBP / USD Update The Pound to US Dollar exchange rate fell this morning as the ongoing sovereign debt crisis in Europe weakened UK Trade Balance figures. Sterling’s latest slip-up has caused the currency pair to dip below an important support level at 1.6080 and has opened the door for stronger...
From TorFX daily insight, 5 days ago Similar articles
The Euro also rebounded from a four month low against the Dollar following the growth figures. Sterling / Euro and US Dollar exchange rates The Pound weakened from the highest level since November 2008 against the Euro this morning, while the single currency also made fleeting gains versus a number of currencies, after data showed that economic growth in Germany accelerated and helped the Euro-zone avoid a recession. The much better-than-expected GDP numbers in Europe’s largest economy...
From TorFX daily insight, 5 days ago Similar articles
The start of this week’s session has seen GBP CAD on the front foot once more, as investors’ concerns over the Greek debt crisis escalate. Foreign Currency Market Update – GBP / CAD Update The Pound had registered gains against the CAD in six of the seven sessions leading up to the release of last Friday afternoon’s Canadian employment figures, taking the GBP CAD exchange rate to 1.6206, its highest level in five and a half months. Analysts had anticipated that the...
From Top Forex News, 2 days ago Similar articles
UK pound is being helped on two fronts today. General risk appetite, with the focus on the Facebook IPO, is helping the sterling against the US dollar. On the other hand, pound is higher against the euro, as concerns about what’s happening in the eurozone make the pound a preferred choice as a European safe haven currency. (...)Read the rest of Risk Appetite, Better Situation Help UK Pound (127 words) Posted...
From TorFX daily insight, 2 days ago Similar articles
The Euro plunged to a fresh four-month low against the U.S Dollar, extending declines to a third straight week, amid concern that the sovereign debt crisis is worsening Sterling / Euro and US Dollar exchange rates The Pound declined against the Euro yesterday, falling back towards 1.2450, while the UK currency slumped towards a new low under 1.58 versus the U.S Dollar, as global risk appetite weakened on the threat of contagion in the Euro-zone. The single currency fell to a new four month...
From TorFX daily insight, 3 days ago Similar articles
The Pound remained largely unchanged against the Euro Sterling / Euro and US Dollar exchange rates The Pound remained largely unchanged against the Euro yesterday, hovering around the 1.25 level for the majority of the day. The UK currency declined significantly versus the U.S Dollar, falling below 1.59, as risk sentiment weakened in line with escalating concerns surrounding Greece and the Euro-zone debt crisis as a whole. In the UK, the latest unemployment data was stronger-than-expected...
UK pound is being helped on two fronts today. General risk appetite, with the focus on the Facebook IPO, is helping the sterling against the US dollar. On the other hand, pound is higher against the euro, as concerns about what’s happening in the eurozone make the pound a preferred choice as a European safe haven currency. (...)Read the rest of Risk Appetite, Better Situation Help UK Pound (127 words) Posted...
The Euro plunged to a fresh four-month low against the U.S Dollar, extending declines to a third straight week, amid concern that the sovereign debt crisis is worsening Sterling / Euro and US Dollar exchange rates The Pound declined against the Euro yesterday, falling back towards 1.2450, while the UK currency slumped towards a new low under 1.58 versus the U.S Dollar, as global risk appetite weakened on the threat of contagion in the Euro-zone. The single currency fell to a new four month...
The Pound remained largely unchanged against the Euro Sterling / Euro and US Dollar exchange rates The Pound remained largely unchanged against the Euro yesterday, hovering around the 1.25 level for the majority of the day. The UK currency declined significantly versus the U.S Dollar, falling below 1.59, as risk sentiment weakened in line with escalating concerns surrounding Greece and the Euro-zone debt crisis as a whole. In the UK, the latest unemployment data was stronger-than-expected...
The Great Britain pound slumped today after the Bank of England trimmed its growth forecast as the crisis in Europe escalates. Positive employment data did not manage to help the weakening currency.(...)Read the rest of Pound Falls as UK Economy Threatened by Europe’s Crisis (166 words) Posted on Forex News.