exchange rates

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

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

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

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

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

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

.....but the weaker Pound presents excellent opportunity to cash in on those European investments !This has been some week, even by recent standards !I forecast last Friday that we would test 1...Read more

The US Dollar got hit after Wednesday night's announcement on interest rates by the US Federal Reserve. Whilst traders expected rates to remain unchanged at 2% it was the rhetoric suggesting th...Read more

It's been a quiet week thus far albeit with a fair bit of volatility in a tight range.The dust took a long time to settle last week and we saw a really scrappy market as dealers tried to make s...Read more

Just a quick update to say that there's a whole heap of stuff still going on out there with more petrol thrown on the fire after the Irish said No to the Lisbon Treaty- a moderate form of the Europe...Read more