The Pound slumped to fresh weekly low against the Euro yesterday, dropping towards 1.2300 by the close of trading last night, while the UK currency also endured a choppy day’s trading versus the Dollar, falling to a low of $1.5608 in early trade before rising back towards $1.6000 on the U.S Presidential election day. The [...]
Exchange Rate Forecasts
November, 2008
The Pound plunges against the majors after UK construction contracts at the fastest pace in more than a decade
Wednesday, November 5th, 2008Currency Market News Podcast!
Tuesday, November 4th, 2008The first of our Currency News Podcasts is now available and can be directly downloaded from here and will be available on iTunes shortly. We hope you find it useful! Currency_Market_News_Ep1.mp3
The Pound declines heavily against the majors after UK manufacturing contracts for the sixth consecutive month in October
Tuesday, November 4th, 2008The recent revival in risk appetite continues to be the dominate force driving the foreign exchange market but the Pound declined heavily against the majors yesterday, falling well under $1.6000 against the Dollar and recording a daily low of 1.2414 versus the Euro. The allure of the Pound as a high yielding currency is diminishing [...]
The Pound declines against the majors ahead of the Bank of England interest rate announcement on Thursday
Monday, November 3rd, 2008Financial markets remain very volatile as the aggressive swings in risk sentiment continues to dominate ahead of a massively significant week as the U.S presidential election takes centre stage and the outcome may alleviate some of the uncertainty as investors will be looking for the potential impact this has on stocks. The Pound declined heavily [...]
© TorFX. Unauthorised copying or re-wording of this blog content is prohibited. The copyright of this content is owned by Tor Currency Exchange Ltd. Any unauthorised copying or re-wording will constitute an infringement of copyright.
Archives
- 2012: Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
- 2011: Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
- 2010: Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
- 2009: Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
- 2008: Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
- 2007: Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
- 2006: Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
- 2005: Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
