Slight recovery for Euro after all-time low versus Swiss Franc

Thursday, 26 May 2011 11:35

Yesterday’s Euro session had mixed feelings, trading flat against the Dollar and lower versus the Streling and Swiss Franc. Today’s session seems to be a little brighter for the 17 nation European currency as it’s trading stronger against the Dollar above the 1.40 zone.

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ECB highly anticipated press Conference shoot Euro upwards

Thursday, 5 May 2011 01:01

UK Services PMI (Purchasing Managers’ Index) came out earlier today with weaker news than expected. April’s Activity Growth fell from March’s 57.1 to 54.3; while expectations cicled around 55.8.

GBP/USD is trading at 1.6482. EUR/GBP is trading just above the 90 cent line at 0.9016.

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Sterling Steadies

Tuesday, 19 April 2011 12:23

Sterling steadied on Tuesday after the currency came under pressure Monday on speculation that Greece would need to restructure its debt in the near future.

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Ireland won’t default says PM

Monday, 18 April 2011 09:56

Irish, Greek and Portuguese bonds fell today amid mounting speculation Greece will have to restructure its debt as too many it is the only way to survive.

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Euroland’s shares fell sharply on Monday

Monday, 18 April 2011 08:16

The FTSE 100 closed down 125.93 points, or 2.1 %, at 5,870.08, its lowest close since March 23.

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