Dollar Holds Firm vs. Majors Ahead of U.S Home Sales
December 22, 2009 10:50 am by Natalie R.The improving U.S. economy and lingering debt issues in Greece, Portugal and Spain are likely to continue to pressure the Euro further. The daily technical charts suggest a move to 1.4175 is very likely.
Prelim GDP Shock Figures Threaten Pound’s Stability
October 23, 2009 12:58 pm by Dan EduardThe most important issue facing the Pound's stability is the implications of the recently released shocking figures of the British Prelim GDP publication. The release indicates that the British economy is facing the longest protracted decline in recent history.
Pound Tumbles on Publication of Prelim GDP Figures
October 23, 2009 12:05 pm by Dan EduardThe Pound tumbled on the publication of the Prelim GDP figures. The publication measures the change in the inflation adjusted value of services and goods that are produced by the British economy. The figure was a surprisingly low -0.4%, far ...
Pound to Benefit from British Economic Rebound?
September 9, 2009 1:49 pm by Dan EduardBritish consumer confidence rose to its highest level since May 2008. According to the Nationwide Building Society, it rose to 63 in August from 61 in July, the highest level since May 2008. This result came the same day that ...
Pound Soars on Optimistic Manufacturing Data
September 8, 2009 7:15 pm by Dan EduardThe Pound soared today, as optimistic manufacturing data from Britain gave support to the British currency. According to the Office for National Statistics (ONS), British Manufacturing Production rose 0.9pc in July in comparison to June. This was the biggest increase ...
Pound Weekly Prediction
August 17, 2009 2:47 pm by Dan EduardThe Pound has been on the forefront of the forex trading scene in the past 2 months. This is increasingly so as we saw the Pound soar against the USD, EUR, AUD and JPY. However, in recent weeks we have ...
