April 2nd, 2012 by Toby

TODAY`S HEADLINES
UK manufacturing strong
Sterling breaches 1.20 vs. Euro
European manufacturing remains low
US manufacturing data due at 3pm
POUND
Sterling is racing ahead of the euro and USD this morning trading as high as 1.2029 and 1.6062 respectively. The pound has been given a significant lift and great start to the month after British manufacturing activity expanded at its

Read More.......

March 30th, 2012 by Toby

TODAY`S HEADLINES
UK consumer confidence falls
Sterling reaches 1.6034 against USD
US housing not returned to recovery (Bernanke)
Euro zone debt concerns continue
POUND
Sterling is trading higher today against the USD and Euro helped in part from Gaz de France’s bid to buy the remainder of the UK’s international Power for £6billion pushing up demand for sterling. Weakness in the

Read More.......

March 29th, 2012 by Toby

TODAY`S HEADLINES
Nationwide house price data shows big fall
UK mortgage approvals under forecast
Sterling weaker vs. USD but gains against euro
German unemployment change –18k
POUND
The pound has lost more ground against the USD this morning trading back into 1.58 but has managed to move to the higher end of 1.19 vs. the euro. Nationwide released negative data on

Read More.......

March 28th, 2012 by Toby

TODAY`S HEADLINES
UK final GDP lower than forecast
Euro maintains strength vs. USD
UK current account deficit –8.5B
Sterling touches 4 month high vs. USD
POUND
Sterling has moved off the four month high it recently achieved against the USD and has dipped slightly lower vs. the Euro. UK final gross domestic product (growth) recently out, was lower than the

Read More.......

March 27th, 2012 by Toby

TODAY`S HEADLINES
Sterling hits 3 1/2 week high vs. USD
UK QE forecasted to end in early May
Euro rallies up into 1.33 vs. USD
Bernanke speech weakens US currency
POUND
Sterling remains stable against the Euro today and has made some attractive gains vs. the USD into the high end of 1.59 after the dollar weakened on the back

Read More.......

TODAY`S HEADLINES
MPC member Miles speaks at 8.45pm
No UK data due today
German IFO data better than forecast
QE uncertainty continues to limit sterling
POUND
The pound is trading steadily against the Euro this morning but has lost around 0.25% vs. the USD as a lack of economic data leaves the pound short of any support. Market participants expect

Read More.......

March 23rd, 2012 by Toby

TODAY`S HEADLINES
Sterling stays steady against the USD
UK mortgage approvals lower than forecast
Pound gains stemmed by QE concerns
Fed chairman speaks this afternoon
POUND
Sterling is trading lower against the Euro today but has made some small gains into 1.58 vs. the USD. Gains are however, likely to be hampered by ongoing speculation of more asset purchase by

Read More.......

March 22nd, 2012 by Toby

TODAY`S HEADLINES
Sterling slips with risk sentiment
Cautious minutes halt pound potential
UK retail sales show sharper fall
European manufacturing slows
POUND
Sterling is trading down against the USD and remains steady vs. the Euro as investors remain cautious over the UK’s economic position after yesterday’s bank of England minutes. The minutes provided a dovish tone on the UK economy with

Read More.......

TODAY`S HEADLINES
UK public sector borrowing higher than forecast
Annual budget release due at 12.30pm
Unanimous vote in MPC minutes
Sterling trades lower against Euro
POUND
Sterling is trading lower against the USD and even more so vs. the Euro after the release of the MPC minutes and public sector net borrowing data. The MPC minutes came out at 0-0-9 highlighting

Read More.......

March 20th, 2012 by Toby

TODAY`S HEADLINES
UK CPI as forecast at 3.4%
Investors remain wary of UK economy
USD recovers from yesterday’s losses
Bank of England minutes due tomorrow
POUND
Sterling is trading up this morning, back into 1.20 against the Euro and staying within 1.58 vs. the USD, maintaining most of yesterday’s gains. UK CPI, the main inflation number was released earlier this

Read More.......