May19
By Tom Holian
The US Dollar has weakened overnight against Sterling and Euro. Sterling seems to be strengthening this morning against all the major currency pairs in expectation of the UK CPI & RPI figures out this morning at 930am. If we see some positive results we could see the Pound’s exchange rate continue to go up!
Archived in: British Pound, US Dollar
May08
By Tom Holian
10 of the top 19 US banks have failed their stress tests overnight and US regulators have had to increase lending to them all. Bank of America is the most at risk, needing an additional $33.9bn. However, owing to the Bank of England looking to increase quantitative easing Sterling has fallen.
Archived in: Uncategorized
May08
By Tom Higham
It looks like the slide against the Aussie dollar has continued. We are currently at the lowest levels aganist the dollar now for 13 years and it looks like it may continue. Great news if you are selling Australian dollars not so good if you need to buy!
Rand!
Archived in: Australian Dollar, British Pound
May07
By Dan Wright
The BOE has just left interest rates on hold as expected although Sterling has lost groiund against the Euro following announcements that the economy is fragile….
Lets see what the ECB decision brings, expected is a 0.25% cut and some sort of extra measures to be announced to battle the economic problems… I think they may surprise us and the GBP – EUR rate will be above 1.14 before the end of trading today……….
Archived in: British Pound, Euro
