Posts Tagged ‘GDP’
16th
Nov/09
Currency Update
Tags: bank of england, Ben Bernanke, Fed, GDP, Gold, Japan, Mervyn King, Quantitative Easing
Posted in Currency News Currency Updates by mporter
Posted in Currency News Currency Updates by mporter
The US Dollar remains under pressure as gold soars past $1,130 an ounce. EURUSD climbed as high as 1.4993 and has now settled around 1.4970. The Pound has also had a good day against the US Dollar hitting an interbank high of 1.6780 so far. The markets will now be eyeing Fed Chairman Ben Bernanke’s [...]
29th
Oct/09
Currency Update
Tags: bank of england, European Central Bank :, GDP, Quantitative Easing, US
Posted in Currency News Currency Updates by mporter
Posted in Currency News Currency Updates by mporter
Risk appetite has returned to the market today as the latest GDP figures from the US suggest that the US is out of recession. The US GDP figures released earlier today beat market expectations with an annualised rate of 3.5% vs 3.2% expected. Whilst these figures are positive it remains to be seen how sustainable these levels of growth are, especially after the massive government stimulus has finished working itself
Search Our Site
Request A Call Back