A global equity rally over the course of last week helped weaken the dollar on Friday as risk aversion decreased. Sterling also made significant gains euro for ... Read More >
Sterling enjoyed an upwards tilt yesterday as reports of government interference in the UK banking sector saw sentiment lift in GBP. The reports state that High... Read More >
Figures from the UK services sector reconfirmed what we already new about the state of the UK economy; a dire state typified by the likely winding up of Woolwor... Read More >
In these rather jaded times government bail-out programs and billion dollar injections are just like buses; nothing for a while and then two in quick succession... Read More >
NZD
Something to remember at present is that as each quarter of negative growth passes we are closer to the day that the sun shines again.
The first stage of t... Read More >
The pound reclaimed some lost ground over the week against dollar and euro, helped in part by a mild rally on Friday amid suspicion that today’s pre Budget repo... Read More >
You've got to know when to hold 'em, know when to fold 'em, know when to walk away and when to run. So runs the 'The Gambler' by Kenny Rogers; a tune that may b... Read More >
It was a weekend of governments as one laid out audacious plans to bail out the world's biggest banking corporation while on our side of the Atlantic Chancellor... Read More >
Gloom emanating from the US continued to strengthen the US dollar yesterday as trouble brewed on Capitol Hill and in the jobs market. The 3 main automakers in t... Read More >
BOE minutes yesterday revealed that the recent monthly meeting which resulted in a 150bp cut was a unanimous decision; a result that was largely priced into the... Read More >