I have made a Lazarus like recovery from my depths of despair on Friday and would like to thank all who took the time to reply especially those bearing gifts of... Read More >
NZD
Less than a week after delivering the largest OCR cut in history, RBNZ Governor Bollard took the opportunity to remind everyone in a speech that inflation i... Read More >
It was the World First Christmas party last night. I have no strong views on anything at all. I'm in a worse state than GBP/EUR.
Indicative Rates
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Well this morning's papers are full of stories of parity for sterling and euro with the blueprint been taken from a bureau de change close to the Eurostar termi... Read More >
Out of the Frying Pan and into the Fire
According to author Chuck Palahniuk “Only after disaster can we be resurrected.” One can only hope that this is true for... Read More >
It looks like we'll have a decision on the automakers bail out via a Congressional vote today but a positive outcome is by no means assured. As we all know, the... Read More >
The Obama bail out plan and the nearing of an 'equitable arrangement' for the big 3 automakers softened the risk atmosphere yesterday and allowed sterling to ma... Read More >
Attention turned to the jobs market on Friday and volatility increased as one of the worst non-farm jobs fall in post-war US history was released. 533,000 peopl... Read More >
Both interest rate decisions went as we expected yesterday with the Bank of England's MPC cutting by 1% to 2% for the first time since 1939 and with the ECB cut... Read More >
Bishop John M Allin once said 'being head of the Church is like putting together a jigsaw puzzle while riding on a roller coaster'. Now he knows how we feel; th... Read More >