April 23rd, 2014
By Smart Currency
The Turkish lira lost ground for the third consecutive day yesterday, dropping off to 3-week lows against sterling. The weakness came in response to comments from the...
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April 22nd, 2014
By Smart Currency
Sterling consolidated its position at the end of last week, close to 15 month highs against the euro and five year highs against the US dollar as we headed into the...
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April 22nd, 2014
By Smart Currency
The euro lost some ground just before the bank holiday weekend as the German Producer Price Index (PPI) came out worse than expected. The PPI is a key indicator of...
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April 22nd, 2014
By Smart Currency
The US dollar finished off last week on a downward trajectory, thanks to the bleaker outlook laid out by the US Federal Reserve. Chairperson Janet Yellen quashed hopes...
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April 22nd, 2014
By Smart Currency
On Thursday we saw the Japanese yen strengthen in response to a downward curb in the Japanese stock market. Historically, when Japanese stocks perform badly, traders...
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