The Sterling continued to find stability on Friday even as another dose of poor U.K. economic data was published. The Manufacturing Production and Industrial Production figures turned in negative results with a matching decline of minus -0.4%.
The JPY lost ground to the USD on Friday as traders continued to show a tad more risk appetite within the Asian equity markets reflecting their global counterparts. The JPY and USD remain in a well practiced...
USDCAD: The pair which at best is volatile during breakouts has been trading a considerably more volatile pattern over the last 30 days. A break above or below the 200 day moving average typically signals a change...
The USD lost some ground to the GBP and a bit of footing against the EUR on Thursday. These results came as risk appetite made an appearance on Wall Street as the major indexes all rose. However,...
The EUR traded in a stable manner on Thursday and turned in some gains versus the USD. The ECB managed to get through their press conference with President Trichet at the helm and keeping calm waters. That...
The Sterling enjoyed a good run as it gained against the USD on Thursday. This came as the BoE announced that they are continuing with their stimulus spending regarding quantitative easing. The U.K. economy remains vulnerable and...
As if participating in a well rehearsed play, the JPY lost ground to the USD as international equity markets began to climb and risk appetite came into the broad markets. The currency pair has been a good...
Once again the USD traded within a range bound consistency, but did lose some ground to the EUR and GBP. Wall Street struggled on Wednesday and this occurred with little in the way of economic data.
The ECB will be thrown directly into the EUR debate this afternoon. The EUR traded stronger against the USD on Wednesday, but remains in a weak trend versus the Greenback.
The Sterling managed to pick up some ground against the USD on Wednesday before going into today’s Bank of England policy meeting. There will be absolutely no interest rate change from the U.K. today, but investors will...
