dollar currency update

Dollar Nudges Ahead: Dollar Update

The Dollar Strengthens Against the Euro On average, the dollar was a fraction ahead of the other major currencies. It lost two thirds of a cent to the pound and strengthened by a third of a cent against the euro.

The Pound is Defiant: Sterling Update

Despite pessimism from many outlets the pound had a strong week In view of the last week’s economic news and data, it might come as a surprise to see how well sterling has done. Last Friday, Moody’s, a credit rating firm,

Rate Alert: Sterling’s growth continues

  The pound continues to make steady gains against the euro as Italy’s budget dilemma continues after the EU revealed its plans to increase spending, adding to its already massive debt pile of some 130% of the GDP. The pound’s