Showing articles for November 2011

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This week's currency news 28 Nov 2011

28 November 2011
This week's focus for the Pound is likely to be tomorrow's autumn statement from Chancellor Osborne. There is still a full week of data releases scheduled, all with the potential to move exchange rates, as follows...

Euro cheaper as Italian debt rates rise

25 November 2011
Italy paid a record 6.5% to borrow over 6 months at a bond auction this morning - the highest yield since the country joined the Euro, which has sent the single currency down...

UK GDP unchanged, as German bond sale turns sour

24 November 2011
This morning's UK GDP figures were not revised from last month's reading - avoiding a potential banana skin for the Pound. Meanwhile in Germany a sale of government bonds resulted in half not being sold, as Eurozone worries spread further...

This week's currency news 566

21 November 2011
As we move towards the end of the month, there is less scheduled important data this week. Of course the Eurozone story continues to dominate financial markets and currencies alike...

Unemployment up to 2.62m

16 November 2011
This morning's UK unemployment figures were slightly worse than expected, if not disastrous for the UK and the Pound...

UK inflation falls back

15 November 2011
This morning's UK inflation figures have fallen slightly - with CPI inflation down to 5% from 5.2% last month...
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