Currency Market Updates

Euro Pain Continues…

The yield on Greek government debt continued to rise, while Spain’s unemployment rate worsened giving the euro a hard time in the markets.

Sterling Eyes 1.15 Against The Euro

Sterling is continuing its rally against the euro but has fallen back against other major currencies. GBP/EUR is pushing up and has already hit the key 1.15 level in trading today as the euro is pummeled against the major currencies. Later today we have US PPI and housing starts as well as earnings from various financial entities including Northern Trust, State Street, US Bancorp, Morgan Stanley and Wells Fargo.

Sterling Strides Ahead in 2010

There are prospects for a Bank of England interest rate rise in 2010 and the official UK inflation data certainly offers the Bank of England something to think about in early Feb.

Guest Blogger Today is Adam Hewison

Currency Market Updates the Free e-Mail Trading Course
My Guest Blogger today is Adam Hewison of INO and MarketClub
12, October 2009
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First of all Tom, I want to thank you for having me as a guest today!
My name is Adam Hewison. You might want to Google Me to confirm what I am about to share with you.
There [...]

Australia Hikes Rates

Currency Market Updates – Australia Hikes Rates
6, October 2009
As had been anticipated for some time now Australia became the 1st of the OECD countries to raise their official interest rates since the global introduction of the far reaching stimulus measures and historically low interest rates that followed the financial meltdown in 2008. Australia can [...]

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