All Eyes on the US Dollar

On January 26, 2012, in News, by Boyana

EUR/GBP     £0.8378 Discussions about the Greek debt are still dominating on the European market. The single currency gained slightly against the British Pound the UK and seems to remain at this level. There are minimal economic announcements from Europe today as the market attention is currently concentrated at the US Dollar. The Euro is trading [...]

Euro Falls as Greek Debt Solution Proposal Rejected

On January 24, 2012, in News, by Boyana

EUR/GBP     £0.8385 In general, the Euro is falling as concerns over the debt crisis are still present and also as the euro zone finance ministers rejected a restructuring plan on the Greek debt by creditors. However, it is outperforming the Pound, and currently upgrading against the sterling as it’s trading at £0.8385. GBP/EUR     €1.1921 The [...]

The Pound – Worst Performing Currency Last Week

On January 16, 2012, in News, by Boyana

EUR/GBP     £0.8274 The pair EUR/GBP is quite unstable at the moment. Right now, the Euro is gaining strength and is trading at £0.8274. GBP/EUR     €1.2082 The Pound was said to be the worst performing currency last week. However, it has a great advantage ahead of its counterparts, which is that the UK is not a [...]