currency exchange

Markets still in meltdown as US authorities plan further rescue package

Every time I have gone to compose an overview recently on this crazy meltdown I’ve ended up throwing it in the bin as the plethora of headline news and data and subsequent volatility of the markets ...Read more

Chaos and mayhem prevail as Dollar surge continues

Are we all back from hols?   Sitting comfortably ?...... or not as the case may be…….then I’ll begin………..Property investors who have been looking at the US market need to think a...Read more

Dollar steadies on profit taking: Fresh data awaited for interest rate clues

Good Morning,A quiet (ish) 24 hours as the market consolidates after last week's mayhem.The greenback has slipped from an eight-month high against a basket of currencies as traders take  profits ...Read more

UK average house prices at their lowest since 2006

Good Morning, UK house prices have posted a sharper than expected decline in the UK in July falling to the lowest average price since August 2006, according to the latest release by the Na...Read more

Jitters continue over global economic uncertainty

Good Morning,The Dollar eased back a little yesterday as US shares took a knock and Federal Reserve member Stern talked down the chances of immediate economic recovery. As a recognized dove thi...Read more

Germany in focus but who wants the poisoned Downing Street chalice ??

Good Morning,Not a lot going on since my Friday missive but the German GFK survey out this morning confirms my view that the Eurozone is not immune to all going on around it.The GFK market rese...Read more

All aboard the roller coaster that is the fickle and fanciful FX express......!

Sorry, did I say last Friday that last week had been .. "... some week, even by recent standards..."  ??Well I reckon we've topped that in the past 7 days and it's proving to be a long hot...Read more

The Pound falls sharply after record monthly fall in UK Retail Sales

Good Morning,They say one swallow doesn't make a summer and in the Pound's case one set of hawkish BOE minute isn't enough to make it resilient to slowdown....The worst monthly Retail Sales dat...Read more

The Pound has a better day after hawkish BOE Minutes

Good Morning,The Pound enjoyed a better day yesterday,  as the minutes of the July Bank of England Monetary Policy Committee meeting revealed a more hawkish tone with a three-way split. Th...Read more

Fears remain over US financial sector but traders await more clues

Good Morning,A quiet-ish 24 hours in the absence of new data and with a Japanese holiday overnight.The Dollar has been sold a little as concerns remain for the fragility of the US financial se...Read more