Currency Market Updates

QE – Are We Done Yet?

The markets will be waiting to see what the MPC do with QE- the UK asset purchase scheme. Will they hold firm at the current level of £200 billion?

Sterling 2010

Good start to the trading year for sterling? See what the wall Street Journal has to say and make your own mind up… for me, I am being very cautious on sterling

Markets Wind Down

Markets get more and more illiquid and technicals become more and more relevant. To that end, EUR/USD remains the driver for forex market

Grim in Greece As UK GDP Revision Disappoints

Bit of a grim Christmas all round……sterling fell against the major currencies… Euro negative…problems at UK banks will hold back the country’s economic recovery … downgrading Greece from A1 to A2 …but equities had a strong day with oil perking up

Warnings from both the BoE and the ECB

Eurozone suffers through Christmas while the Brits go on happily spending…perhaps the last “hurrah” for a while…

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