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Summary Of Currency Markets For October 18th – October 22nd 2010

Posted by Allison on 26 October 2010, 09:49

As soon as Monday was over it had gone down to 1.5886, and after another two days things were worse still. By Wednesday evening the pound had slipped to 1.5715 instead. It didn’t even seem to have anything at all to fight with this time, finishing miserably on 1.5703 on Friday as a result.

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Summary Of Currency Markets For October 11th – October 15th 2010

Posted by Allison on 18 October 2010, 12:12

We started the week on a promising note as we pushed up to 1.5934 on Monday evening. But the following two days saw us fall back and lose that momentum. It was looking like it would be another poor week but this time the pound had other things in mind. A strong finish saw the pound achieve a new high of 1.6055 on Friday night.

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Summary Of Currency Markets For October 4th – October 8th 2010

Posted by Allison on 11 October 2010, 14:34

The last time we saw how the UK pound was doing against the US dollar, it finished the week on 1.5820. It started to perk up a tiny bit as the new week got underway, ending Monday evening on 1.5832. It reached a week long high of 1.5972 on Thursday evening but unfortunately it dipped back down on Friday to close out the week on 1.5854. It was still a small improvement however.

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Summary Of Currency Markets For September 27th – October 1st 2010

Posted by Allison on 4 October 2010, 15:02

The pound did well against the US dollar last time, finishing on 1.5715 as we went into the weekend. There was good news as the week kicked off, as we improved our standing to 1.5847. It would be an up and down week but thankfully we ended on a good note, finishing on 1.5820 as the week went into the weekend.

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Summary Of Currency Markets For September 20th – September 24th 2010

Posted by Allison on 27 September 2010, 20:01

The last exchange rate we had for the pound versus the US dollar was 1.5626. As soon as the new week got underway the rate immediately went down to 1.5595. This dipped further to 1.5518 on Tuesday evening but luckily that was as low as it went.

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Summary Of Currency Markets For September 15th – September 17th 2010

Posted by Allison on 20 September 2010, 15:30

There was certainly an increase on Wednesday evening as the pound reached the heights of 1.5546. It improved yet again the following day and claimed a rate of 1.5621. The rate of improvement slowed down for the end of the week but the pound still closed on 1.5626 on Friday evening. Would this be a good result that was emulated elsewhere?

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Summary Of Currency Markets For September 13th – September 14th 2010

Posted by Allison on 15 September 2010, 16:41

Let’s begin by taking a look at the British pound against the US dollar. The opening rate for the week was 1.5454, but by the time Monday’s trading had ended and everyone headed home, the figure had gone down to 1.5400. This meant just over half a cent’s loss in a single day, so what would happen on Tuesday?

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Summary Of Currency Markets For September 8th – September 10th 2010

Posted by Allison on 13 September 2010, 16:40

Could we do the same against the Euro though? Our opening rate here was 1.2025 and by Wednesday evening this had changed to 1.2164, so it was good news to start with at least. But we followed the same pattern we had seen against the US dollar when we fell to 1.2109 the following day and then finished in a better state on 1.2144 on Friday night.

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Summary Of Currency Markets For September 6th – September 7th 2010

Posted by Allison on 8 September 2010, 15:52

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.

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Summary Of Currency Markets For September 1st – September 3rd 2010

Posted by Allison on 6 September 2010, 15:43

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?

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