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MARKET NEWS

GBP/EUR Pair Rises Ahead of Easter Weekend

The GBP has traded as high as 1.4325 against the EUR 5 months ago, and is now at just 1.2658 to the EUR. Where to next for the sterling?
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Stock Markets See Volatile Weekly Close as Fiscal Cliff Concerns Continue

Stock markets experienced some unexpected volatility into the close of the week on Friday. Investors looked to assess progress of the budget talks in the US.
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Euro Lower against Dollar as Economic Data Weighs

The Euro showed signs of stalling in its three month uptrend against the US Dollar after economic reports gave the indication that unemployment in Spain is now seen at record highs and business confidence figures in Germany dropped on continued debt concerns.
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Market Volatility Slows as Summer Trading Activity Sets In

As is often the case, trading activity is seeing a marked slowdown as the end of the summer season draws near but stock markets and high yielding currencies as getting most of the benefit with small pushes higher.
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Weekly Financial Market Review (July 2012 week 1)

Equity markets and high yielding currencies finished lower on the week as economic data out of the US showed that the national labor market remains sluggish.
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