Showing articles for January 2016

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Quiet week draws to a close with a busy day

29 January 2016
Tom Arnold
In relative terms this week has been quite a quiet one on the currency markets with the Pound operating within a very narrow range of only a cent or two against both the Euro and the US Dollar.

Sterling slide continues

28 January 2016
Simon Eastman
Yesterday the pound continued its slide across the board, following on from the selling pressure it found itself under from Tuesday, caused by comments from Mark Carney the Bank of England chief. He had suggested..

Sterling correction provides opportunity

27 January 2016
Rob Bastin
Tuesday was another quiet day for economic releases, leaving it to the technical’s to drive exchange rate movements. With an absence of UK data the pound was able to continue positively..

Pound gains short lived

26 January 2016
Ashley Finill
Yesterday saw a quiet day on the market with no notable data releases that affected the major currency pairings. The Pound is desperately clinging on to the gains it had received from news of the ECB’s potential rate..

Draghi sends EUR cheaper

22 January 2016
Robin Haynes
There was some much needed respite for Euro buyers yesterday, as Mario Draghi said at the ECB's monetary policy press conference that the ECB would "review and possibly reconsider" monetary policy at its next meeting in March. The central bank kept interest rates on hold at..

A continuation in a weak pound

21 January 2016
Grace Rae
Yesterday we saw the pound manage to claw back small gains in the afternoon as the market makes small corrections, following Mark Carneys speech on Tuesday, announcing a push back in a...

A Week Of Central Bankers

20 January 2016
Simon Eastman
Tuesday saw the pound suffer further losses against all the major pairings, having been on a downward trend since before Christmas, but with a seemingly more worrying gusto over the past 10 days.

UK inflation in focus

19 January 2016
Tom Arnold
The week started quietly on the currency markets yesterday, with no critical data out to trouble analysts and as a result recent trends remained firmly entrenched, which meant pressure on the..
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