Exchange Rate Forecasts

November, 2009

FX094 Foreign Exchange – US Dollar Update

Monday, November 30th, 2009

Market Update – GBP USD Markets were sent reeling last week after the Dubai government announced that its investment vehicle Dubai World is requesting a standstill agreement with its creditors. The diversified holding company has debts of $59bn, but the immediate concern is a $3.5bn bond due to mature in December. By seeking to vary [...]

FX093 Foreign Exchange – Euro Update

Monday, November 30th, 2009

Market Update – GBP EUR Markets were sent reeling last week after the Dubai government announced that its investment vehicle Dubai World is requesting a standstill agreement with its creditors. The diversified holding company has debts of $59bn, but the immediate concern is a $3.5bn bond due to mature in December. By seeking to vary [...]

FX092 Foreign Exchange Outlook Podcast

Monday, November 30th, 2009

Player not working? Click here. The foreign exchange outlook podcast from TorFX. Bringing you up to the minute currency market news. You can download the podcast directly from here, subscribe to the blog here or if you have iTunes installed click here.If you have any questions or comments about this Podcast please leave a comment [...]

FX091 Foreign Exchange Daily Insight – The Pound declines amid concerns of the UK’s exposure in Dubai

Monday, November 30th, 2009

GBPEUR/GBPUSD Following on from last week, the Pound rallied against the U.S Dollar on Wednesday, climbing by the most in more than a week, after a report from the Office of National Statistics showed that UK gross domestic product contracted by less than previous estimates in the third quarter. GDP fell 0.3% from the previous [...]

FX090 Foreign Exchange Outlook Podcast

Friday, November 27th, 2009

Player not working? Click here. The foreign exchange outlook podcast from TorFX. Bringing you up to the minute currency market news. You can download the podcast directly from here, subscribe to the blog here or if you have iTunes installed click here.If you have any questions or comments about this Podcast please leave a comment [...]

FX089 Foreign Exchange Daily Insight – The Dollar rallies against the majors, amid concerns over Dubai

Friday, November 27th, 2009

GBPEUR/GBPUSD The Pound declined to the lowest level in a month against the Euro yesterday, while the UK currency also lost 1.2% in value versus the U.S Dollar, after UK stocks declined and encouraged investors to seek the security of safe haven assets. The FTSE 100 index plunged 2.7% in London and headed for its [...]

FX088 Foreign Exchange Daily Insight – The Pound rallies against the Dollar amid an increase in risk appetite

Thursday, November 26th, 2009

GBPEUR/GBPUSD The Pound rallied against the U.S Dollar yesterday, climbing by the most in more than a week, after a report from the Office of National Statistics showed that UK gross domestic product contracted by less than previous estimates in the third quarter. GDP fell 0.3% from the previous three months, compared with a prior [...]

FX087 Foreign Exchange Daily Insight – The Pound declines after King reiterates that a weak Pound is helpful

Wednesday, November 25th, 2009

GBPEUR/GBPUSD The Pound continued to decline against the Euro yesterday, while the UK currency also traded lower versus the U.S Dollar, after the Bank of England governor Mervyn King delivered his statement to the UK Treasury Select Committee. In a written report, King told lawmakers that the Pound’s depreciation is helping boost economic demand, alongside [...]

FX086 Foreign Exchange Outlook Podcast – 25th November

Wednesday, November 25th, 2009

Player not working? Click here. The foreign exchange outlook podcast from TorFX. Bringing you up to the minute currency market news. You can download the podcast directly from here, subscribe to the blog here or if you have iTunes installed click here.If you have any questions or comments about this Podcast please leave a comment [...]

FX085 TorFX Foreign Exchange – Canadian Dollar Update

Tuesday, November 24th, 2009

Market Update – GBP CAD We’ve had a very mixed bag of data for the pound over the last week. Public sector borrowing was far higher than expected for October (£11bn versus £7bn expected) and traders are still concerned that further quantitative easing may lie ahead after last week’s Bank of England minutes revealed that [...]


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