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Friday 03 Jul 2009
Sterling has so far managed to hold onto the gains it has made over the past few weeks; despite Tuesday's awful GDP figures, and is currently treading water in a 200 point range on its trade weight... Read More
Friday 03 Jul 2009
Eurozone retail sales dropped a worse than expected 0.4% month-on-month in May, official figures showed Friday. Read More
Friday 03 Jul 2009
Dollar gained against the euro as the US jobless figures dropped larger-than-expected, which raised concerns about the currency. Read More
Thursday 02 Jul 2009
Governor of California Arnold Schwarzenegger has declared a fiscal emergency in the US state, which faces a budget deficit of $24.3bn. Read More
Thursday 02 Jul 2009
US employers axed more jobs than economists thought they would during June, taking the unemployment rate up to a 26-year high. Read More
Thursday 02 Jul 2009
There weren’t any surprises at the European Central Bank’s meeting in Luxembourg today as interest rates were left unchanged at 1%. Read More
Thursday 02 Jul 2009
The dollar headed south on the back of some disappointing unemployment data. Payroll processing firm ADP Employment Services reported that US companies pitched 473,000 workers on to the dole queue ... Read More
Wednesday 01 Jul 2009
Mortgage applications tumbled to their lowest in seven months last week following a hike in the cost of borrowing. Read More
Wednesday 01 Jul 2009
The dollar rose against other currencies as lower consumer confidence figures promoted investors to rush to the safety of the currency. Read More
Tuesday 30 Jun 2009
Sterling’s progress came to a shuddering halt Tuesday morning after Q1 GDP came in worse than expected at -2.4%. Read More
Tuesday 30 Jun 2009
Ireland's economy shrank at an unprecedented pace in the first three months of 2009, as capital spending collapsed and consumer spending tumbled. Read More
Tuesday 30 Jun 2009
Eurozone annual inflation has turned negative for the first time in June, official data showed Tuesday. Read More
Tuesday 30 Jun 2009
The dollar traded mixed against major currencies on Monday, rising against the yen and falling against the euro as appetite for riskier trades picked up. Read More
Monday 29 Jun 2009
US Stock markets continue to defy the pessimists as they struggle to break lower. The continued lack of downside follow-through continues to give the bears pause for thought. Read More
Monday 29 Jun 2009
The dollar continued to lose steam against major currencies on Friday, after a better than expected report on US income and as positive sentiment sparked appetite for riskier trades. Read More
Friday 26 Jun 2009
Fears are growing that Japan is about to sink into deflation again following a record fall in prices last month. Read More
Friday 26 Jun 2009
After a bright start the US dollar surrendered most of its gains against major currencies in the wake of strong demand in the $27bn auction of seven-year Treasury notes, which prompted a decline in... Read More
Thursday 25 Jun 2009
The dollar rallied against other major currencies on the back of comments from the Fed. Read More
Wednesday 24 Jun 2009
Japanese exports continued declining in May as the global economic downturn continued hitting demand for the east Asian country’s electronic products and cars. Read More
Wednesday 24 Jun 2009
The dollar fell sharply against major currencies on Tuesday as investors await the outcome of Federal Reserve’s two-day meeting. Read More