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As at Friday May 17th 2013
Pound Falls Amid Speculation Federal Reserve to Slow Stimulus
The pound fell versus the dollar extending a second weekly decline as speculation the Federal Reserve is moving closer to ending stimulus boosted demand fro the U.S. currency.
As at Thursday May 16th 2013
Euro Falls Versus USD
The euro fell to a six week low to the dollar after reports showed the currency regionís gross domestic product shrank more than forecast last quarter as German growth cooled.
As at Wednesday May 15th 2013
The Pound weakened for a fourth day against the dollar on speculation investors will cut their holdings of the U.K. currency before the Bank of England presents its updated inflation ............
As at Tuesday May 14th 2013
Sterling Under Pressure
Sales at U.S retailers unexpectedly advanced in April, helping ease concern of a sustained pullback in consumer spending that would stifle the economy. The 0.1 percent gain followed a 0.5 percent .....
As at Monday May 13th 2013
Euro Trades Below $1.3000
The yen tumbled to four and a half year lows against a resurgent dollar on Friday, with the greenback surging past the key •100 level, before rising above •102 overnight. The yen weakened on all fronts, with the euro jumping from around •130 to above •132. The yen was hit by news that domestic Japanese investors were big buyers of foreign ....
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