Market Review – 27/01/2011 23:25 GMT Yen tumbles across the board as S&P cuts Japanese debt rating The Japanese yen sank against its counterparts on Thursday as the credit ratings agency Standard & Poor lowered Japan’s debt...
Market Review – 26/01/2011 23:38 GMT Euro trades near fresh two-month high as Fed gives less upbeat U.S. outlook The single currency climbed to a fresh 2-month high of 1.3723 against the dollar in European morning on...
Update Time: 26 Jan 2011 07:31GMT INTRA-DAY GBP/USD OUTLOOK – +1.5780+ Despite cable’s brief bounce to 1.5838, current retreat after faltering below 1.5839 (prev. sup, now res) suggests recovery fm y’day’s low of 1.5750has possibly ended there...
Market Review – 25/01/2011 23:04 GMT Sterling tumbles after a shock contraction in the UK economy The British pound tumbled from Asian high of 1.6018 to 1.5750 after the release of much weaker-than-expected U.K. Q4 GDP data...
Market Review – 20/01/2011 17:30 GMT The greenback rebounds broadly on strong U.S. economic data The dollar rebounded across the board on Thursday after economic data showed U.S. economic recovery was on track and the dollar index...
Market Review – 19/01/2011 19:46 GMT Euro touches 2-month high against the dollar on easing debt worries The single currency climbed to an two-month high against the dollar on Wednesday on growing hopes that eurozone policymakers would...
Market Review – 18/01/2011 21:23 GMT Euro gains on optimism eurozone debt crisis would be tamed The single currency rose to 1-month high against the dollar on Tuesday due to optimism the eurozone officials may announce new...
Market Review – 17/01/2011 21:34 GMT Euro ratchets lower on uncertainty on euro zone rescue fund Euro weakened on Monday as the ECB’s Governing Council member Athanasios Orphanides played down talk of tighter policy and the market’s...
Market Review – 14/01/2011 19:42 GMT Euro pares gains on profit-taking after rising to one-month high vs dollar The single currency climbed above $1.3400 level against the dollar on Friday as traders bought euro aggressively on short-covering....
Market Review – 13/01/2011 21:53 GMT Euro surges broadly on short-covering due to Trichet’s hawkish comments Euro rose sharply across the board on Thursday after head of ECB Trichet expressed concerns about inflation. Traders bought the single...
