Sterling continued to trade at 8 year lows against the dollar overnight as risk aversion, fears over British and Irish banks and bearish prognostications from M... Read More >
Jeremy Cook
Sterling Moves To 7 Year Lows Against Dollar
The UK is finished. Or so says Jim Rogers, one of the most bombastic fund managers out there at the moment. He believes that the creeping nationalisation of the... Read More >
NZD/AUD Weekly Update
NZD
The New Zealand Dollar was hit with a triple whammy of negative news last week. First up was the quarterly survey of Business Opinion results out for the D... Read More >
Treasury To Unveil Phase 2
A group of scientists have calculated a formula with the end product showing that today is the most depressing day of the year; Blue Monday if I may. This equat... Read More >
Banking Crisis II?
Markets, both equity and FX, are a real mess this morning as rumours float of further bank crises, Chinese stimulus packages and a still faltering US jobs arena... Read More >
Euro Weak As We Wait For ECB
Today is yet again another key day in the life of the GBP/EUR cross with the first ECB meeting of the year. We are happy to stick with our view of a 50bps cut f... Read More >
Sterling Slips As Trade Balance Widens
Sterling was boxed around the ears fairly viciously by its USD and EUR sparring partners yesterday as data and sentiment exposed the UK economy's weak jaw.
The... Read More >
Profit Takers Take Pound Lower
Sterling retreated away from its recent highs against USD and EUR as traders took profits on positions that had started to look stretched. The pound fell about ... Read More >
NZD/AUD Weekly Update
NZD
Out last week in New Zealand data painted a brighter picture of the economy than that of last year. The merchandise trade deficit recorded a surprise improv... Read More >
World First’s Sterling Update – 12th January 2009 – Method in the Madness
In Shakespeare’s Hamlet, Polonius utters the immortal words “Though this be madness, yet there is method in’t”.
Last week’s major piece of news saw the Bank of... Read More >