Euros time to shine

Monday, 6 June 2011 11:47

The 17 nation European currency is thriving on disappointing U.S news and Euro news about Greek debts and Interest Rates. Starting Monday, the currency opened to hit a new one-month high of 1.4658 after trading around 1.4650 on friday before the end of the week. Aiming for the 1.50- line, the Euro is shining as positive announcements push it upwards.

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England’s Services PMI weaker

Friday, 3 June 2011 12:53

Services Purchasing Managers’ Index in Britain was released not long ago causing Sterling to weaken against some major currencies as news was weaker than expected.

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Sterling drops; caused by weak PMI

Wednesday, 1 June 2011 02:51

United Kingdom’s Manufacturing PMI was released earlier today, causing Sterling to drop drastically against the Greenback and Euro as news were not as good as was expected.

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Housing Prices in U.K better than expected, at 0.3%

Friday, 27 May 2011 10:58

United Kingdom released its Housing Prices figures in May, which surprisingly viewed better results than expected; at 0.3%. 0.2% higher than forecasted.

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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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