Tag Archives: UK Markets

Euro Rally Continues

Posted on August 27, 2009 by admin

The single currency has extended its rally against the pound this morning, gaining support from the release of the German consumer price index and consumer confidence figures. International risk appetite took a hit yesterday as US durable goods orders came in more modest than expected, and currency exchange rates for the yen strengthened in the run up to Japan’s general election. Continue reading →

Posted in Euros, Other Currencies, UK Pound Sterling, US Dollars | Tagged bank of england, banks, best rates currency, commission free currency, Consumer Spending, Currency Forward, Currency Future, currency solutions, currency trading, European Central Bank, UK Markets, UK Pound Sterling, US Dollars, World economy, Yen | Leave a comment

UK economy contracts 1.9%

Posted on April 24, 2009 by admin

The UK economy contracted -1.9% in the first quarter of 2009, more than economists expected with record declines in the manufacturing and service sectors. This news has sent the pound plunging against the dollar and euro as investors also remain…

Posted in Currency News, Euros, Financial News, Other Currencies, UK Pound Sterling, US Dollars | Tagged currency, currency exchange, currency ideas, currency solutions, currency trading, euro zone, Euros, swap currency, trade currency, UK Markets, UK Pound Sterling, uk pounds, US Dollars | Leave a comment

Euro climbs against US dollar

Posted on April 23, 2009 by admin

The euro has risen against the US dollar this morning with economic news from the eurozone showing the pace of recession easing in the last month. Yesterday market focus was on the pound with the UK budget and 6.7% unemployment…

Posted in Currency News, Euros, Other Currencies, UK Pound Sterling, US Dollars | Tagged currency, currency exchange, currency ideas, currency solutions, currency trading, euro zone, Euros, swap currency, trade currency, UK Markets, UK Pound Sterling, uk pounds, US Dollars | Leave a comment

UK budget released today

Posted on April 22, 2009 by admin

Foreign exchange markets will focus on sterling today with the annual budget released in the UK. Equity markets rallied overnight on the back of comments from US Treasury Secretary Geithner. This fuelled a bounce in currency exchange rates that failed…

UK deficit ‘more than predicted’ – According to the Institute for Fiscal Studies

Posted on April 6, 2009 by admin

According to the Institute for Fiscal Studies, the UK’s deficit is about 2.7% more than Chancellor Alistair Darling acknowledged in the pre-Budget report. The government may have to find £39bn a year by the end of 2015/16, to plug the…

Posted in Currency News, Euros, Other Currencies, UK Pound Sterling, US Dollars | Tagged Bank of Spain, Chancellor Alistair Darling, currency, currency exchange, currency solutions, currency trading, Czech koruna, Czech Statistical Office, European Central Bank, European Union statistics agency, Euros, Eurostat, Institute for Fiscal Studies, Other Currencies, Pound Sterling, UK Markets, US Dollars | Leave a comment

World leaders agree trillion dollar aid deal

Posted on April 3, 2009 by admin

World leaders yesterday agreed on a $1.1 trillion injection of financial aid into the global economy, with Gordon Brown claiming that the grand bargain he had brokered represented “a coming together of the world” which would speed recovery from the…

Posted in Currency News, Euros, Financial News, Other Currencies, UK Pound Sterling, US Dollars | Tagged currencies, currency exchange, currency information, Currency News, currency trading, European Markets, G20, Gordon Brown, Other Currencies, PMI Construction, PMI Manufacturing, Pound Sterling, Spain's National Statistics Institute, UK Markets, US Dollar, US economy, US Markets, World leaders | Leave a comment