Archive for December, 2009
31st
Dec/09
Currency Update
Posted in Currency News Currency Updates by mporter
After a poor Christmas period for Sterling, the Pound bounced back dramatically yesterday afternoon particularly against the US Dollar. The Pound has continued to climb against the US Dollar hitting a high earlier this morning of 1.6152, a marked improvement from yesterday’s low of 1.5833. The Pound is currently sitting just below 1.12 against the [...]
21st
Dec/09
Currency Update
The currency markets have started the week in a relatively tight range, however it is possible we could see some volatility as any moves in the market could be exaggerated due to thin market conditions. Levels of trading will likely decrease further as we near Christmas.
Major data this week includes UK and US GDP tomorrow, [...]
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