The Rand fell to spectacular levels against major partners throughout last week. This was due to the risk aversion evident throughout the emerging markets which... Read More >
Equities bourses dominated direction among major currencies yesterday. Japans Nikkei 225 hit its lowest close in 26 years, as importing stocks were sold off due... Read More >
It was the perfect storm for Sterling on Friday, with the release of the Q3 GDP figure inciting the biggest daily fall against the Dollar, and causing Sterling ... Read More >
Fridays UK GDP figure capped another remarkable week in the currency markets; the precipitous weakening of Sterling returning it to levels not seen for 6 years ... Read More >
As the clouds grow darker over the world economy, the continued retreat to safe havens (dollar and yen) was once again evident yesterday. Dollar managed... Read More >
A unanimous decision to cut interest rates was the outcome of October’s MPC meeting. This seems to sum up the sentiment surrounding the UK economy and Sterling’... Read More >
Sterling has fallen off the edge of a cliff on Tuesday and early mornings trading following comments by the Bank of England Governor, and a distressing report ... Read More >
The Bank of Canada cut its key interest rate by 25basis points to 2.25%, in an attempt to provide the flagging economy with a further boost. Canada had previous... Read More >
Euro Battles on as France act on Banking System
Euro has been struggling in most of its major crosses recently as the business confidence in the region contin... Read More >
Sterling Tested as Dollar Finds Support
Sterling came in for some selling pressure yesterday as public finance figures released showed that public sector borrow... Read More >