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The US dollar fell sharply yesterday as the Federal Reserve's F... Read More >
Sterling stayed in its recent trading ranges yesterday as markets waited for the FOMC meeting later today. Against USD GBP seems to be confined to a range betw... Read More >
Both the euro and pound rose against the safe-haven funded dollar yesterday as good sentiment moved back into the market.
Although there was a lack of concret... Read More >
NZD
Taking centre stage last week the official cash rate announcement results in New Zealand on Thursday did not surprise with the Reserve Bank cutting in line ... Read More >
Fears of a return to protectionist policies were raised again last week after the Swiss National Bank (SNB) announced that it would be directly intervening in t... Read More >
The Pre G20 meeting by finance ministers in the English countryside was a damp squib by all accounts; a commitment to greater cooperation in the future is all ... Read More >
Risk aversion took a brief hiatus in afternoon trading as equities continued a three day rally following stronger than expected retail sales figures from the US... Read More >
The global economic picture is becoming more and more muddied by the day although yesterday's acted as a broad risk appetite supplement and allowed GBP to fight... Read More >
Despite banking shares making gains in yesterday's trade sterling is still very depressed. Barclays, Lloyd's and HSBC were all significantly higher however any ... Read More >
Sterling took a monstrous beating yesterday as UK banking shares were hammered on the FTSE. At the open Barclay's, HSBC and Lloyd's TSB all shot lower as the ma... Read More >