Yearly Archives: 2012

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Eurozone unemployment hits highest level

31 January, 2012

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The Euro has weakened over 1c against sterling today, as Eurozone unemployment figures hit their highest level since 1998…

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Caution ahead of EU summit today

30 January, 2012

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EU leaders are meeting in Brussels today at 2pm and are likely to sign off a new permanent rescue fund and balanced budget rules…

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This week’s economic calendar

29 January, 2012

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This week’s economic calendar, with data due out which is likely to affect exchange rates, is as follows…

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USD exchange rate at its highest since November

26 January, 2012

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Weaker than expected US data, along with the prospect of further monetary easing in the States, have weakened the dollar to its cheapest level since November…

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A day full of currency news dizzies the markets

25 January, 2012

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Today saw a multitude of important news releases and developments around the world, all with a strong influence on exchange rates…

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Positive data keeps Euro stable

24 January, 2012

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This morning’s better-than-expected Purchasing Manager Index (PMI) data gave the Euro a boost, before reported problems with Greek creditors reintroduced debt fears to the market…

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This week’s currency news 23 Jan 2012

23 January, 2012

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This week we have the following data releases scheduled, all of which will have an influence on exchange rates through the week…

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UK unemployment hits 17 year high

18 January, 2012

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This morning’s UK unemployment rate showed an increase in the number of Britons out of work to 2.685m, the highest since 1994…

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Bank of England mulls more QE

17 January, 2012

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Today’s UK inflation data showed consumer inflation falling to 4.2% in December, in line with Bank of England forecasts, hurting the Pound as more quantitative easing now becomes a possibility…

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Papademos promises debt deal will be done in time

16 January, 2012

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Greek Prime Minister Lucas Papademos has promised a debt swap would be clinched in time for the Greek bailout deal to go through in March…

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