A Tough Week for the Euro – Euro Update

The euro endured a tough week, winding up in last place amongst the big four currencies (GBP, EUR, USD and JPY), losing a cent and a third to sterling and giving up seven eights of a US cent This was

The Pound Dominates – Sterling Update

After a poor end to last week, the pound responded with a dominant performance this week, gaining an average of 0.8% against the other major currencies Indeed, it was only the Japanese yen that it lost out to (dropping 0.2%).

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