Currency News
Summary Of Currency Markets For September 6th – September 7th 2010
Wednesday September 8, 2010
Our opening figure against the US dollar this week was 1.5403, after a slight increase over those last three days of that week. However by the time Monday was out of the way we were staring at a figure of 1.5358 instead. It wasn’t the best start and unfortunately for us it got worse too.Summary Of Currency Markets For September 1st – September 3rd 2010
Monday September 6, 2010
The first sign was encouraging as we ended Wednesday evening on a figure of 1.5402 instead. It was only slightly better, but better than nothing for sure. Thursday took us back in the opposite direction though, giving us a reduced amount of 1.5392 instead. Could we salvage the week and perk up again on Friday?Summary Of Currency Markets For August 30th – August 31st 2010
Thursday September 2, 2010
Things looked more promising on Thursday as the pound finished the day on 1.5554. But if we started to get a little more optimistic we were soon left feeling disappointed again. That’s because Friday blew what little we had gained on Thursday out of the water, leaving us on a sorry 1.5373 to end the week and the month.Summary Of Currency Markets For August 25th – August 27th 2010
Thursday September 2, 2010
The final figure achieved by the pound against the US dollar on Tuesday was a dismal 1.5518. But would it slide even more or could we actually do better than that by the end of the week?Summary of Currency Markets for August 23rd – August 24th 2010
Wednesday August 25, 2010
No wonder the pound proceeded to slump when the economy is threatened with "real risk" of a second recession. So how far did this slump take sterling? Last Friday we saw the pound end the week at $1.551825 against the US dollar. It was holding on pretty well on Monday in the $1.55 range but by late Tuesday the 24th it was at $1.5447.Comment [3]
Summary of Currency Markets for August 18th – August 20th 2010
Monday August 23, 2010
Against the pound, the first half of the week was in positive territory against the US dollar, but that ended on August 20 as the pound slid down by a significant amount. The pound slipped a bit against the euro and the New Zealand dollar and then recovered by Friday. The opposite was true of the Hong Kong dollar, with the pound increasing a bit on Wednesday and then falling the next two days.Comment [2]
Summary of Currency Markets for August 16th – August 17th 2010
Wednesday August 18, 2010
Let’s begin with the pound against the US dollar. The pound ended last week at 1.558573, and it seemed that it would continue to strengthen as the European economy as a whole grew stronger. So far so good by Monday evening as the pound strengthened to 1.561320 for a .176% increase.Comment [1]
Summary Of Currency Markets For August 11th – August 13th 2010
Monday August 16, 2010
The first half of the week was definitely split in two, with the pound slipping against the US dollar, the Euro and the Hong Kong dollar on the currency converter. Elsewhere we had better news as the pound did well against the New Zealand and Australian dollars.Comment [1]
Summary Of Currency Markets For August 9th – August 10th 2010
Thursday August 12, 2010
As always our initial point of evaluation is with the US dollar. Here we are beginning with a rate of 1.5872 on the currency converter, and initially the news was very good. Monday evening saw a closing rate of 1.5959 on the cards.Summary Of Currency Markets For August 4th – August 6th 2010
Monday August 9, 2010
We had a marginal increase on the Wednesday, pushing us on a little further to 1.5941 against the US dollar. After that we saw a dip the following day to 1.5897 – only half a cent or so down but enough to take away the chance to end the week on a great note. And indeed with Friday ending on 1.5872 it was not the result we wanted to close out the week.Comment [1]