Yearly Archives: 2012

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This week’s currency news 15 Jan 2012

15 January, 2012

CurrencyIndex

This week we have the following news releases likely to affect exchange rates…

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Euro drops back on rumours of French downgrade – USD moves opposite

13 January, 2012

CurrencyIndex

Today’s news, which was due to be dominated by economic data on both sides of the atlantic, has now focussed on a rumoured downgrade of several Eurozone countries’ credit ratings by S&P…

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Euro price rises as Italian and Spanish bond sales beat expectations

12 January, 2012

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The Euro has strengthened against sterling in trading today, as Spain and Italy’s borrowing costs fell sharply in auctions today…

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Markets quiet ahead of data tomorrow

11 January, 2012

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Exchange rate volatility has taken a break today, as a quiet day for data releases has left the Pound relatively static…

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Euro hits 16-month low

9 January, 2012

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The Eurozone has taken yet another beating this week, due to concerns over the state of Europe’s banks. Many of the problems seem to be situated in Italy, with shares in the UniCredit bank falling 14.5 pecent on Wednesday, followed by a 17.3 percent fall on Thursday, a 19 year low…

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This week’s currency news 9 Jan 2012

9 January, 2012

CurrencyIndex

This week we have a packed calendar of economic data likely to move exchange rates. Most notably on Thursday there is key data out in the UK, USA and Eurozone…

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Dollar stronger on improved US jobs data

6 January, 2012

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The US dollar has continued to strengthen in trading today, after the monthly labour market data improved the economic outloook…

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Pound still vulnerable, despite best Euro rates since Oct 2010

5 January, 2012

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The economy remains at risk of recession despite a surprise pick-up in activity among services firms in December…

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UK manufacturing gives Pound a boost

4 January, 2012

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This morning’s UK manufacturing data showed growth gaining pace in December, providing hope that the UK may yet avoid another recession…

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Currency news this week 2 Jan 2012

2 January, 2012

CurrencyIndex

Happy new year – after the January bank holiday we are back in full swing with economic data due out this week as follows…

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