October 21st, 2013
By Smart Currency
After a short period of relative weakness sterling held its own against the euro last week and gained ground against the US dollar as UK data supported the belief that...
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October 21st, 2013
By Smart Currency
A steady week for the euro against sterling but against the US dollar it rallied to an eight and half month high. The main reason for the euro’s strength against...
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October 21st, 2013
By Smart Currency
The US dollar continued its decline on Friday in the wake of the government shut down and its subsequent ramifications. Words from members of the Federal Open Market...
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October 21st, 2013
By Smart Currency
Elsewhere on Friday, the most significant news came out of China as GDP figures for the third quarter were released. The 7.8% growth shown was up 0.2% from the previous...
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October 18th, 2013
By Smart Currency
Sterling was one of the better performers of this week thanks to positive results in key data areas. In the months of June through August, the number of unemployed...
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October 18th, 2013
By Smart Currency
The euro ended the week in positive fashion reaching the highest level since February against the US dollar, peaking at 1.3680. Data released this week was mainly...
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