Foreign Currency News Updates

Credit where credit’s due
With the recent flurry of sovereign downgrades I thought it was important to look at the structure of credit ratings. This is due, in part, to the fact that much emphasis is placed on a sovereign down grade issued by companies such as Standard and Poors or Fitch yet at the same

Pound news:
Heading into the election Sterling is trading at thin levels but even so the trend is GB Pound weakness as the market is reluctant to place big positions before election results are in. Confusion or difference of opinion is still very much the order of the day as views are split as to what