What will happen to the Pound against the Euro, Dollar, Australian Dollar, New Zealand...
Key market mover this week: BOE
Interest rate decision, further QE. On-going Greek debt agreement.
Important Data– If you are considering a trade soon, it’s worth being aware of:
Tomorrow 09:30am – A host of Manufacturing and Industrial Production
data along with Trade balance figures for the U.K This may throw anything up,
production figures have not been too bad of late however as per usual with
the U.K as soon as things seem on the up we tend to get figures that come out
that knock us straight back down again,...
Pound climbing against the Dollar – Dropping against the Australian Dollar, Thai Baht, South...
The Pound is starting to climb back against the Dollar which suggests that investors are getting a little confident again but how long will this last?
With a major announcement regarding Greek debt imminent we could see absolutle yanything happen this week, however the longer the European crisis is kept away from being major headline news, the more these 'riskier' currencies may continue to climbe against the Pound. If you are looking to Buy South African Rand or Australian Dollars then further European problems should...