Pound being pounded by Dollar

Wednesday, 15 June 2011 12:44

United Kingdom’s labour market released important announcements about U.K’s Unemployment change and Total Pay.

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Euro struggling versus Dollar

Wednesday, 15 June 2011 11:31

The Euro is continuing to weaken against the U.S Dollar; after crawling back to 1.4405, it struggled to stay there and fell to presently trade at 1.4375. Euro is struggling as Greece’s debt problem resurfaced again.

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Dollar staying steady;

Tuesday, 14 June 2011 02:57

Earlier in the day, the British currency was rising higher against the Dollar; reaching 1.6426 while anticipating U.K Consumer Price Index. Meanwhile the news was expected to be released the pair rose even more to 1.6440, only to fall to 1.64 after the release and currently trade much lower at 1.6396.

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Lower Jobless Rate for Canada

Friday, 10 June 2011 03:08

Canada gained a total of 22,300 jobs in May, even a little better than expectations at 21,800. Unemployment Rate went from 7.6% in April, down to 7.4% in May.

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Euro losing strength against Dollar

Friday, 10 June 2011 12:35

The European currency saw a great loss after yesterday’s ECB interview with Trichet. Throughout the day, the 17-nation currency was trading high at 1.4650 against the Greenback.

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