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Channel: currency devaluation – Marc Morley-Freer
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Independence Day Currency News

Sterling The strongest day in many weeks for sterling, as Services PMI figures blew forecasts out of the water to post a sixth consecutive month of better-than-expected growth. The sector, which makes...

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Sterling moves sharply upwards on 0-9 BoE voting

Sterling appreciated sharply yesterday morning in response to a double dose of positive data. The Monetary Policy Committee meeting minutes revealed a surprise 9-0 vote in favour of maintaining the...

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Splitting RBS will allow taxpayer ‘to make bigger profit’– Telegraph

The report by UBS comes as the Government is considering controversial plans to split RBS into a “good” and “bad” bank housing its toxic assets.   Analysts at UBS said the authorities should ignore...

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Suprise suprise, USA agree deal on debt ceiling

The USA were never going to default on the debt anyway, President Barack Obama signed into law a measure ending the 16-day U.S. government shutdown and extending the nation’s borrowing authority until...

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Weekly currency update

GBP The pound notched up its biggest weekly advance against the euro in seven months. GBP gained over one per cent for the week, its largest rise since April. Sterling was also up by close to one per...

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Expats ‘should use a letting agent’

Northern Ireland’s property market seems to be turning a corner. Prices remain around half what they were pre-recession, but latest signals suggest property values on beginning to rise. In this...

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Disappointing PMI reverses sterling rally

The pound enjoyed a brief rally in early trade yesterday (January 2nd) before being pushed into a retreat by uninspiring manufacturing data. Despite touching its highest exchange rate in more than two...

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Dollar hits one-month high against euro

The dollar was trading higher against the euro on Monday (January 6th) ahead of data from the US expected to bolster the case for the Federal Reserve to end its bond buying programme this year. EUR/USD...

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Will Zuma address move Rand?

Things get busy in Cape Town this evening when President Jacob Zuma steps onto the podium to deliver his 6th state of the nation address. Everyone will be listening closely as he makes comments on all...

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Aussie dollar lower, euro near 2-year high

Australia’s dollar edged lower on Monday (March 10th) after disappointing Chinese data weighed on the currency. AUD/USD slipped 0.4 per cent to 0.9033 as figures showed Chinese exports last month fell...

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Currencies Direct International payments

Currencies Direct love talking foreign exchange. Really. They’ve been around since 1996, so sure know a thing or two about the currency market. Whether you’re securing a holiday home, making an...

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Inkart Round 7 July 31st

Video Footage courtesy of Iridium racers  Ash Jones Mark Kearon remained dominant at round 7, with Daniel Godly and David Comber putting in strong drives to round out the podium. Heat 1 Daniel Godly...

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