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 >
The brief sterling recovery was quickly snuffed out by yesterday's CPI reading which showed the first fall in prices for over a year and hints towards further r... Read More >
Euro and dollar relaxed their strangle hold on sterling yesterday although GBP still remains pinned in an uncomfortable position. Hedging levels on GBP crosses ... Read More >
The G20 meeting looks set to disappoint those hoping for a reversal of fortunes for sterling in the short term. Although pledges were made by both Saudi Arabia ... Read More >
News gets little better for sterling as it continues to wear its 'FX market punch bag' label with a dishevelled embarrassment. The euro made significant gains a... Read More >
Fears of a recession in the UK intensified yesterday as GBP fell hard through the session. The close saw an all-time low against the euro and a 6 year low again... Read More >
The optimism that the weekend's developments provided has proved to be short lived as bearish sentiments began to cast a pall yesterday afternoon. Although some... Read More >