Archive for March, 2009

Sterling Nears 6 Week Low

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Sterling has fallen today, as risk aversion kicks in and European and US stock markets show signs of faultering. (more…)

Sterling Falls

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Kirsten Donovan @ Reuters has reported that sterling slipped against a broadly stronger dollar on Thursday, but held just above the previous session’s multi-week lows, as falling equity markets reflected risk averse sentiment. (more…)

Sterling @ Multiweek Lows

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Is sterling losing the struggle for supremacy??  Surely not!

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5 Reasons Why The Dollar May Weaken Further

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Written by Kathy Lien of www.kathylien.com:

The US dollar has fallen to a record low against the Euro and an 8 year low against the Japanese Yen this past week. Here are 5 reasons why I think the weakness will continue.

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Dollar Gains on Risk Aversion

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Dollar has gained against sterling and the euro this afternoon, erasing the early losses following UK stocks reversing course to fall to multi-year lows, prompting investors to seek the perceived safety of U.S. dollar assets. (more…)