Will an Ireland bailout pull down the Sterling?

Friday saw the markets experience a great deal of volatility. Sterling’s recent gains against the euro took a knock as speculation that Ireland had been thrown a lifeline in the ...

Dollar Recovers on Fed comments

 After a very strong non-farm payrolls report on Friday, it is not a surprise to see the U.S. dollar trading sharply higher as of yesterday morning. At the end of the week, ...

Sterling hits 9 month high Vs Dollar

  The prospect of the UK entering into further quantitative easing was dampened yesterday following an unexpected rise in the UK PMI index which rose to 53.2 last month from 52.8 ...

Strengthened Euro due to German PMI data

  Yesterday saw the release of The German flash Purchasing Managers Index for October at 08:30am for October which sat at 56.6... well above the forecast figure of 54.7. The result was a ...

Pound under pressure

  Wednesday saw the Sterling initially slip against a basket of currencies as the BoE minutes for October’s meeting showed a split vote, with the MPC's vote splitting three ways, causing the ...

The Volatility Continues

Yesterday saw yet another volatile day of trading with GBP/USD moving across a 2½ cent range. The dollars initial strength came from US Treasury Secretary Timothy Geithner’s announcement that the ...

Advantages of using a foreign exchange provider

With continued economic instability in the market place and the collapse of well-known and smaller financial firms (Lehman Brothers and most recently - Crown Currency Exchange), it is understandable that ...

Dollar Struggles to Hold its position

Throughout the month of August foreign investors were seen to reduce their purchases of dollar denominated securities with the total net Treasury International Capital flows rising by only $38.9B compared ...